 | 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.
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