Property photos
Business
£40,000
Retail premises for sale
Watchet, England, United Kingdom TA23Local area information
Property location
Nearby amenities
- Knights Templar Church of England/Methodist Community School 0.5 miles
- Danesfield Church of England Voluntary Controlled Community Middle School 1.1 miles
- Minehead Harbour 6.5 miles
- Bridgwater Ferry Terminal 14.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
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 -
Scope for further growth -
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 -
External -
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.
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: ()
/
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.
More information
Listed by
Hilton Smythe Business Sales
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