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For Sale
West Midlands


HIGH STREET MAINS POST OFFICE in West Midlands for Sale. The Post Office attracts in excess of £103,000 in transactional commission and the premises is sizeable enough to expand the retail side (annual retail turnover £19,813), or take over the reins of the phone accessories and repair counter which our clients family operate separately from the Post Office utilising a corner of the Post Office premises. The phone repair and accessory shop business is run as an entirely independent entity, (turning over approximately £58,000), but can be retained and handed over to new owners should they wish to continue this side of the business (stock to be purchased at cost), or everything will be removed on completion leaving more retail space to enhance the Post Office sales. The Premises: The premises are substantial, over three floors and include two parking spaces for the owners to the rear of the building. To the front of the Post Office are lots of free kerbside parking for shoppers. Ground floor offers two fortress and three open Post Office counters. The Post Office offers the fullest range of services including passport photo booth, foreign exchange and parcel drop-off. The shop has ceiling mounted air-conditioning, CCTV and an ATM facility. Retail sales include cards, stationery, gifts, toys and some confectionery items. To one side of the shop floor is a sales counter for the phone repair and accessory shop. The vendor is now subletting the right hand side of the ground floor unit to a barber, this returns £1,000 per calendar month in rent, reducing the rent for the Post Office for any potential buyer. First floor is accessed via an internal door and stairs from the shop floor leading to a large, open plan stores area, staff rest area, kitchenette and separate ladies and gents WC’s. Fire Exit to external steel staircase. Second floor, entire floor area of approximately 1,000 square feet has been historically compartmentalised to provide five office suites. Store room. The second floor is not currently utilised by the business, but could provide interesting extra revenue producing options, such as by-the-day office space rental or a call centre. Stock £15,000 to £20,000 plus phone shop stock, if required. EPC Band C.

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