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Convenience Store and Post Office in Cushendun Antrim Available for Sale

Antrim, County Antrim, ID 224480

Convenience Store and Post Office in Cushendun Antrim Available for Sale 1
Convenience Store and Post Office in Cushendun Antrim Available for Sale 1
Asking price:
GBP£27 000
Turnover (per year): £450 000 gbp
Net profit (per year):£108 075 gbp
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Description

Established convenience store and Post Office located in the heart of the coastal village of Cushendun, offering a rare opportunity to acquire a long-standing essential-service business with residential development potential.The business generates an annual turnover of approximately £450,000 and achieves a reported profit of £108,075. It has been trading for more than 80 years and benefits from a loyal local customer base, tourist trade, and the consistent footfall generated by the Post Office.The property is arranged over three floors:* Basement used for storage and stock holding.* Ground floor retail area incorporating the convenience store and Post Office.* First floor with planning permission granted for conversion into a self-contained residential flat.Key features include:* Prime Main Street village location.* Leasehold business offered at £270,000.* Exceptionally low annual rent of £9.* Eight years remaining on the current lease.* Post Office providing stable income and regular customer traffic.* Spacious premises with further development potential.* CCTV security system installed.* Low overhead operating model.* Opportunity for seven-day trading.Growth opportunities include:* Extending opening hours.* Expanding the product range.* Introducing services such as an off-licence, hot food offerings, or locally sourced produce.* Converting the first floor into residential accommodation to generate additional rental income or provide owner accommodation.The business benefits from a strong competitive position as the only shop within a six-mile radius. Nearby amenities include restaurants and a local pub, helping support visitor and community trade.The sale includes all fixtures and fittings, and the current owner is willing to provide training to assist with a smooth handover.The business is being offered for sale due to personal circumstances. It may particularly suit an owner-operator, family-run business, first-time buyer, or investor seeking an established operation with development and income-growth potential.

Details

Real Estate: Lease
Asking price: 27 000 gbp
Turnover (per year): 450 000 gbp
Net profit (per year): 108 075 gbp

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