Post Office

Long-established family operated convenience store and Post Office located in a desirable Essex village. Weekly shop turnover approx. £11,000 plus Post Office income circa £20,000 per annum. Strong local trade, limited competition, zero business rates payable and further growth potential. Sensible trading hours and parcel service income. RX739008

Location

Canewdon is a well-established and attractive village located within the Rochford District of Essex, positioned approximately 4 miles north-east of Rochford town centre and within convenient reach of Southend-on-Sea. The village offers a traditional rural setting with a strong local community and a limited but essential range of day-to-day amenities, supporting local residents and surrounding rural catchments. The Post Office / Convenience store is the only shop within the village and its catchment. Rochford town centre is an approx. 10 minute drive making this shop essential for Canewdon and its approx. 1,600 people living there and further customers from surrounding villages/hamlets such as Pagglesham.

The Business

The business comprises a traditional village convenience store combined with a Community Post Office, providing essential retail services to the local community and surrounding rural catchment. The convenience store offers a range of core grocery lines, alcohol, tobacco, chilled and frozen foods, newspapers, confectionery, and general household goods. The business also provides Amazon parcel services which generate additional customer footfall, with scope to introduce further parcel and delivery agency services such as Evri, UPS or DPD, which are currently not utilised. The Post Office has been established within the premises for many years and provides a reliable secondary income stream alongside retail trade.

The Property

The property comprises a ground floor lock-up retail premises forming part of a prominent village centre building. The shop provides a well-configured retail sales area with Post Office counter, ancillary storage, and staff facilities. The property occupies a highly visible roadside trading position within the village centre, serving as the primary convenience retail and service facility within Canewdon. Customer parking is available immediately to the front of the premises. Shop size of approx 1,568sqft

Staff

The business is currently owner operated with family assistance and employs: Three part-time members of staff working approximately 16 hours each per week One family member working semi full-time One additional family member assisting on a very casual basis

Turnover

The reported shop sales are approximately £11,000 per week. Additional income is derived from: Post Office salary of approximately £20,000 gross per annum (approx. £15,600 net), with anticipated future income of approximately £17,000 per annum Amazon parcel services commission income Full accounting information can be made available to genuinely interested purchasers

Trading Hours

Current trading hours are: Monday – Friday: 6:30am – 6:00pm Saturday: 7:00am – 6:00pm Sunday: 7:00am – 2:00pm Premises Licence permits alcohol sales: Monday – Saturday: 8:00am – 11:00pm Sunday: 10:00am – 10:30pm There is clear potential to extend trading hours, subject to purchaser requirements.

Tenure

Premium: £175,000 Rent: £21,500 per annum - New Lease with terms to be agreed Business Rates: Zero currently payable (subject to purchaser qualification and local authority confirmation)

Business Rates

The property has a rateable value of £10,750 which should result in Zero business rates being payable.

Legal Costs

Each party are to be responsible for their own Legal cost

Summary

An excellent opportunity to acquire a long-established village convenience store with Post Office services, located in the desirable and affluent Essex village of Canewdon. The business has been family operated for over 50 years, with the current vendor owning and operating the store for approximately 11 years and working within the business for over 30 years. The shop benefits from strong local support, minimal direct competition within the village and the added stability of a Post Office income stream. The business further benefits from zero business rates liability and sensible trading hours, offering potential to extend services and trading to increase turnover.

Disclaimer

Whilst every care is taken to ensure that these particulars are correct, accuracy is no way guaranteed and none of the information supplied forms part of any contract. Acceptance of these particulars constitutes a contract to the effect that all negotiations for the business or property will be made through Gilbert & Rose otherwise the purchaser will be equally responsible with the vendor for damages equal to the amount of our commission.