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Post Office for Sale in Nottingham, Nottinghamshire

Nottingham, Nottinghamshire, ID 212576

Post Office for Sale in Nottingham, Nottinghamshire 1
Post Office for Sale in Nottingham, Nottinghamshire 1
Asking price:
GBP£175 000
Turnover (per year): £33 000 gbp
Net profit (per year):£117 000 gbp
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Description

POST OFFICE - NOTTINGHAM - FOR SALEAn outstanding opportunity to acquire a well-established town centre main Post Office, successfully operated by the current owners since 2016. The business is now available for sale due to the owners’ involvement in other ventures and is currently largely staff run. This creates excellent scope for a more hands-on owner-operator to take a more active role in the day-to-day running, reduce staffing costs, and significantly improve overall profitability.Annual Post Office remuneration is £117,000, alongside an annual retail turnover of £33,000. The business currently trades over sensible core hours of five and a half days per week, providing a strong work-life balance. However, there is clear potential to increase revenue by extending opening hours into the evenings and diversifying the retail offering. The introduction of additional convenience or complementary product lines, subject to any necessary consents, would further enhance turnover and customer appeal.The premises occupy a highly prominent town centre position and will be available on a new lease directly from Post Office Limited, offered on reasonable and competitive rental terms in line with the location. Internally, the property comprises a spacious and well-laid-out retail area with a large open shop floor. There is ample space to introduce additional gondola shelving, allowing for an expanded stock range.The Post Office section is well equipped with a three-position counter, a separate retail counter, and a single-position fortress counter. Additional accommodation includes a private office, storeroom, and staff room with kitchenette facilities, along with separate ladies and gentlemen’s WC facilities for staff and customers.EPC Band D.

Details

Real Estate: Lease
Asking price: 175 000 gbp
Turnover (per year): 33 000 gbp
Net profit (per year): 117 000 gbp

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