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Holybourne Shop & Post Office, 130 London Road, Holybourne, Alton, GU34 4ES

Guide Price
£275,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • Adjusted Net Profit c. £113,000
  • Shop refitted in recent years
  • Large 3-bedroom owner's accommodation
  • Excellent lifestyle business with potential
  • Large paper delivery business
  • EPC rating D - Reduced rent for no flat
  • Christie & Co Ref: 3818324

Description

Description

Holybourne Shop and Post Office is a deluxe village store with no immediate competition and an upmarket demographic.

The business has a large news delivery round covering c. 450 accounts which generates c. £7000per week in sales. The shop sales add another c. £5500 per week. Weekly sales total c. £12,500. Most of this is high profit margin.

Also included is a community status Post Office with an annual salary of around £36,000.

The store also has a kitchen area and scope to increase the size of the store - perhaps to accommodate a larger range of Cook products or an expanded stationery range.

The owner's accommodation is exceptional. The building dates back to the 1800s and offers large three-bedroom accommodation with a vast range of original period features and a large kitchen/dining room.

Location

Holybourne is a charming village situated on the eastern edge of the market town of Alton. Located close to beautiful open countryside, yet within easy commuting distance of nearby Winchester, Guildford, Reading and London.

Internal Details

The ground floor shop has been refitted to a very high standard in recent years, with bespoke hand-built display cabinets, a limestone floor, exposed brick walls and chic industrial lighting, as well as modern refrigeration units and a deli counter. There is also an office and food preparation area.

Other Floors

The apartment is on the first floor and has three bedrooms, a family bathroom, large kitchen/dining room and a lounge with large bay windows, stripped floorboards and an open fire.

Fixtures & Fittings

The majority of the fixtures and fittings are owned outright and will be included in the sale.

External Details

To the rear of the property is a good sized private garden.

The Opportunity

This is a profitable, family-run business with scope to add further product lines and extend opening hours.

The store is currently open limited hours; it closes at 5.30pm on weekdays and only opens for half a day on Saturdays and closed on Sundays.

Trading Information

Accounts YE 2024
T/O £694,135
GP £243,146
Net Profit £55,329

Adjusted Net profit £113,245
Add backs include: Depreciation, portion of wages and loan interest.

Trading Hours

Post Office hours
Monday to Friday: 8.30am - 5.30pm
Saturdays: 8.30am - 12.30pm
Sundays: closed

Shop hours
Monday to Saturday: 5:00am - 5:30pm
Sundays: 6:00am - 1:00pm

Tenure

A lease is available with flexible terms

Business Rates

The business benefits from full small business rates relief.

Energy Performance Certificates

EPC 1

Brochures

Holybourne Shop & Post Office, 130 London Road, Holybourne, Alton, GU34 4ES

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Alton Station1.2 miles
  • Bentley Station3.7 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3818324-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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