The store benefits from high footfall due to its ideal location in a busy residential and commercial area of town. Comprising a hot food sandwich bar and convenience store in conjunction with the Post Office, it has become an established local business, popular with locals looking for an alternative to the nearby Co-Op.
There is significant potential to grow the business by expanding the product offering and increasing trading hours, as the current owners do not sell alcohol and operate via limited opening hours.
Manish Jadav, Retail Business Agent for Christie & Co is handling the sale and comments, “This is a great opportunity for a buyer looking to grow a business with so much potential. Being next to a Co-op is a more favourable than being next to an independent, who can lower prices instantly to compete. The demand from local customers for groceries and hot food was instrumental in the owner expanding the store range from just a Post Office. The margins are high on the sandwich bar, the Post Office draws a good salary and the scope to introduce alcohol and open longer hours with low rent is a fantastic opportunity to make a comfortable living.”
Manor Park Post Office is being marketed at an asking price of £155,000 for the leasehold interest.
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