Convenience Store with Post Office lease for Sale Staffordshire

Please contact NWP Commercials to book an appointment or further information 

Email- sales@nwpcommercials.com or Contact -07387187868  

Convenience Store with Post Office for Sale

Location: Staffordshire 

Price: - £350,000 Leasehold (including fittings and fixtures Stock at Value) 

Lease Terms: 

Lease Remaining: Approximately 2 years (the vendor has advised that a new lease will be granted by the landlord) 

Rent: £35,500 per year 

Rent Review – Rent reviews will occur every three years, with the last review conducted by the landlord after ten years, as advised by the vendor.

Business Rates: Approximately £6,000 

Shop Size: 

Ground Floor: Approximately 3,492 sqft 

First Floor:      Approximately 3,330 sqft 

Operating Hours: 

Shop Hours: 7 AM to 9 PM 

Post Office Hours:

   - Monday to Friday: 9 AM to 5:30 PM 

   - Saturday: 9 AM to 1 PM 

   - Sunday: Closed 

Financials:

Shop Turnover: Approximately £18,000 per week (without any additional services) 

Post Office Commission: Approximately £37,500 per year 

Staffing:

The shop is heavily reliant on staff members due to the vendor's other commitments. If managed effectively, there could be a reduction in overall wage bills.

Key Features:

- The current owner has been operating the business for nearly 15 years 

- High customer footfall 

- Potential to generate rental income from the first floor (subject to planning permission) 

- Customer car parking available nearby 

- Good potential for growth 

This opportunity offers a well-established business with strong community support and various avenues for expansion.