Leasehold Main Post Office Located In Par

Par, PL24 2AF
£79,950
Business ID:
#2554
£79,950
  • Ref: 2554
  • Type: Post Office
  • Availability: For Sale
  • Veritas Categories: Retail, - Post Office
  • Business ID: 2554
  • Commercial Tenure: Leasehold
  • Make Enquiry

Property Features

  • Established Business
  • Leasehold
  • Post Office Salary £41,558
  • Retail Sales £172,541 pa
  • Village Location

Full Details

Leasehold Main Post Office & Stores Located In Par
Prime Location
Ref 2554

Location
This respected mains Post Office & General Stores is located in the village of Par in Cornwall. Situated within a prominent and highly visible trading position on the main Par Green (A3082) throughfare road. The immediate area has other retail shops and businesses along with residential properties. Local attractions include Charlestown, famous for the filming of many TV programmes such as Poldark and Carlyon Bay Hotel & Golf Course. St Austell is approximately 3.5 miles. Fowey is approximately 4 miles.

Leasehold Asking Price: £79,950 plus SAV (£10,000)

Business Description
Veritas Business Sales are delighted to offer for sale this respected Main Post Office & General Stores which is based in Par near St Austell, Cornwall. The business has been established for 29 years and has been in the careful hands of our clients for the past 6 years . The business is now being offered for sale due to unforeseen personal reasons. Fixtures and fittings are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated with the help of 2 part time members of staff and for year ending 31st October 2020 posted an annual turnover of £172,541 from retail sales with an additional Post Office salary of £41,558. The retail area is approximately 92sq m and stocks a fine range greeting cards, postcards, newspapers, magazines, confectionary, bakery products, dairy produce, general groceries and Cornish themed gifts.
We believe that there is a huge potential to increase trade should you wish by expanding upon the product lines in the store as well as extending the current opening times. There is scope to add The National Lottery and alcohol sales .The current owners trade until 1pm on a Saturday but there is absolutely no reason why the store could not trade until late evening. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many new visiting tourists. This is a superb opportunity to purchase an established lifestyle business which is a great base to build upon and as such early viewing is highly recommended as this is one not to be missed.

Opening Hours
(During Covid)
Monday – 8.00am – 2.00pm
Tuesday – Saturday – 8.00am – 1.00pm
Sunday – closed
September 2021 onwards
Mon – Fri 8.00am – 3.00pm
Sat 8.00am – 1.00pm
Sunday – Closed

Leasehold
Term: 12 years
Remaining: 6 years
Rent: £17,400 pa
Business Rates: £509.50

Ground Floor
Retail (14.3m x 6.4m) comprising: various custom built greeting card shelving units & free standing shelves, glass fronted food display stand, serving counter, hot food display counter, cash register, 2 filing cabinets, upright drinks fridge (Interlevin), double door milk fridge (Caravel), photo copier (Panasonic), glass display cabinet and various rotary display stands.
Post office counter (4.4m x 2.5m) with all the usual requirements for a Main Post Office.
Post Office (Office 2.5m x 2.2m).
Storeroom (4.1m x 5.2m) with various shelving.
Kitchen (1.5m x 2.1m) with convection oven, sink with drainer and under counter fridge (Quest).
W/C with wash basin (2.0m x 1.2m).

External
Front parking for (4) and loading bay to the rear

EPC Rating D