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Established Local Post Office For Sale

 
Pencaitland, Lothian, United Kingdom
 
Advert ref: G692
 
FINANCIAL DETAILS
 
Asking price: £22,500
 
Sales revenue: Undisclosed
 
Net profit: Undisclosed
 
Fixtures value: Undisclosed
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
The Business Partnership Scotland is delighted to offer for sale the following business...

The business was established in 1973 with the present owner taking over the business in 2003. The post office is busy with local residents and businesses and is very much a part of the local community. The owner has decided to sell due to the long travelling hours he has as he does not live locally.

The shop is old fashioned in style and with a grant from the Post Office may be re-fitted. Currently the retail side of the business consists of a selection of greetings cards but there is room to expand the range of stock offered.

The business is very profitable and the local council only charges a rent of £50.00 per year and has made the post office zero rated (with the exception of the water rates), making the overheads minimal.


GENERAL INFORMATION
 
Years established: Since 1973
Employees: Run by the owner
Trading hours: 9am - 5.30pm Monday, Tuesday, Thursday & Friday. 9am –1pm Wednesday. 9am - 12.30 Saturday.
Property: Leasehold

Lease terms
The current lease is a rolling lease with the local council with a long term lease available. The rent is £50 per year. The post office is zero rated. However a 5% rate is payable on non Post Office profits.


Location
The business is located at The Cross, Main Street, Pencaitland, directly adjacent to the local petrol station. Main Street is on the B6355 and leads onto Burnett Crescent, West Crescent and East Saltoun. Edinburgh, Haddington, Dalkeith and the A1 are all just a short drive away.


Related documents
PDF document iconsales particulars in pdf format


 
The Business Partnership - Scotland - Central & West
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30