Whitegate Post Office

£114,999

REF: 44651

Retail

Leasehold

Newquay Cornwall

Profitable post office with commission and stationery store, post office protected site

Income 2015 £32,000 plus P.O commission £53,000 PA

Located in a shopping complex in Newquay, Cornwall with exceptionally loyal customers

Recently refurbished to a high standard, with scope to diversify, potential longer opening hours especially in summer

This is a rare opportunity to purchase a leasehold business in a stunning location, such as the Whitegate Post Office. The business is a classic lock up building located on a major shopping complex, just minutes from the beaches and the town centre of Newquay. The post office boasts all year round trade and an exceptionally loyal client base.

Located just off the seafront, Whitegate Post Office offers many post office facilities. Located on the Edge of Newquay just a 2 minute walk from the centre, this post office benefits from a recent fit and offers excellent scope for a potential new owner to expand and sell additional goods and services. Whitegate Post Office is within easy reach of the M5 and A30 routes, within easy reach of Exeter and Newquay Airports. The business is located 500 yards from the seafront with sandy beaches and some of the best surfing beaches within the UK. This ost office offers an excellent lifestyle purchase.

The post office is a protected commissioned position and the salary for 2015 was £53,000PA and growing. In addition to this, the vendors offer a range of stationery, cards and small toys which enhances the turnover, producing an additional £37,000 plus.

The current vendors purchased the business in 2008 when it was in a rundown state and has since been fully overhauled, decorated and refitted, making it almost like new. The post office has been located here in excess of 25 years. Whitegate Post Office represents a truly stunning opportunity to purchase for a new operator, as the vendors now wish to spend more time with their families.

The post office services include the Passport service, DVLA, Fishing Licences, Foreign exchange and all counter services. There are three fortified counters giving the store a much larger feel. Currently the vendors limit the hours, therefore there is the potential to expand on these and offer additional services.

This is a totally rare opportunity to acquire this business with growth potential, a fixed salary and minimal rent. Due to the location and scope a viewing is strongly recommended as demand is expected to be high.

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