'Thriving' Coventry Post Office hits the market for £140,000

[dutchman]

New Inn Bridge Post Office in Foleshill is said to have a turnover of £260,000



A well-established Post Office has been put up for sale in Coventry. New Inn Bridge Post Office on Foleshill Road has been placed on the market for £140,000.

New Inn Bridge Post Office has been described as a 'well-utilised' shop in a 'prominent trading position.' It currently opens from 6.30am to 8.30pm.

It has been described as a 'busy' convenience store with a 'thriving' Post Office. Anyone who takes over will also have access to a 'spacious' four-bedroom flat, according to Businesses For Sale.

A listing on Rightbiz says that the shop has a 'well-maintained' sales floor, offering a wide range of products including groceries, confectionary and beverages. Customers have described the shop as 'brilliant' with the staff hailed as 'exceptional.'

It also provides 'essential' postal services, which are said to 'further enhance its appeal to a captive audience and passing trade.' Anyone looking to take over the city-based shop will also have access to a 'comfortable' living space and four bedrooms, according to Businesses For Sale.

Bosses say the shop is also 'prominently positioned' benefiting from clear signage and high visibility within a busy neighbourhood. It also benefits from additional amenities including refrigerated display units and an in-store ATM.

New Inn Bridge Post Office has been open for around two decades and is said to be 'thriving.' It reportedly has a turnover of £260,000 with a net profit of £56,000 according to Rightbiz.

It has been placed on the market with a price tag of £140,000 but can also be rented for £24,000 per annum, according to Businesses for Sale. Bosses have described the city-based shop as being 'at the heart of a bustling and sought-after residential area.'

Anyone interested can call to arrange a viewing via Businesses for Sale or Rightbiz.

[dutchman]

If it's 'thriving' why is it for sale?