Retail premises for sale in Watchet, England, United Kingdom TA23

Business
Please quote reference B07928

CoGoGo welcomes to the market Old Post Office General Store, a highly rated business opportunity in Watchet, Somerset.

The business was originally established over 30 years ago and has been under our clients ownership since 2023.

This Old Post Office General Store has now come to the open market due to our clients wish to move on to other ventures.

This business opportunity is a general store, with an independent post office. Our client has recently created a post room to the rear of the premises: ()

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Key selling points -

• Well established


• Good location


• Handover option offered


• Scope for further growth


• Newly established post rooms business ()

Scope for further growth -

• Increase advertising and marketing


• Explore social media


• Create a dedicated business website

Location
Old Post Office General Store is located on Swain Street in Watchet, Somerset.

Due to its location in the town centre, it receives regular levels of footfall and passing trade.

Premises
Ground floor unit -

• Service area with display stands, fridges, coffee machines, tills etc.


• Post office counter


• To the rear of the shop is our clients very own post room (), WC and storage area

External -

• Traditional post office signage


• Ample parking in the area

Tenure
We are advised that the business is being sold on a Leasehold basis, with the landlord happy to negotiate a new lease with the new buyer. The current rent is £550 per month.

Hours
The current trading hours are -

Monday to Friday - 8:15am - 5:00pm

Saturday - 9:00am - 12:30pm

Sunday - Closed

Staff
We are advised that the business is run and managed by our client, with the help of 1 part-time staff member.

Financial Profile
We are advised that the business generates a turnover in the region of £250,000. Further financials can be made available upon request.