Overstrand Stores & Post Office, 36 High Street, Overstrand, Cromer, Norfolk, NR27 0AB

A rare opportunity to acquire this well-established store, which is ideally positioned on the main road through the affluent market town of Overstrand.

The business has become heavily relied upon by the local residents and enjoys a seasonal increase in trade across the summer months.

In addition to the store and Post Office, this opportunity is also being sold with the 3-bedroom apartment and sperate 2-bedroom self contained flat.

There is potential to increase trade via the means of longer opening hours, supplying and branding with a recognised supplier, and the offering of promotional stock.

Situated on the main road through Overstrand, Cromer, this independently branded store is located on High Street itself within proximity to Overstrand’s popular beaches.

This generous sized store benefits from high levels of passing traffic, particularly in the summer season between March - October, and includes a 3-bedroom house and separate, 2-bedroom self-contained apartment.

The store is primarily accessed via Holt or Norwich Road.

The convenience store has a mainly open plan sales area of approximately 1,087sq ft (102sq m) with chiller aisles lining the perimeter of the store.

The shop is fitted and equipped for the sale of convenience goods, chilled and frozen products, a full off licence, confectionery, cigarettes, newspapers, magazines, stationery, local products and pharmacy and medical products.

Additional services include a Post Office which is a single till behind a fortress, internal ATM, National Lottery, and scratch cards. The main sales till is located at the front of the store with additional storage space to the rear. There is also a communal staff area, office space and WC occupying the ancillary areas.

We are advised by our clients that the fixtures and fittings are wholly owned and will be included within the sale.

There is a spacious three bedroom apartment included within the sale, which is currently rented for £1,000 PCM under a standard AST agreement.

There is also a 2-bedroom apartment with balcony overlooking the rear currently rented for £600 PCM under a standard AST agreement.

Both of these dwellings have been well maintained and nicely presented

This profitable business has been privately owned and operated by our vendors for over 14 years and are looking to sell for retirement reasons.

This popular convenience store benefits from low corporate and independent competition.

The store is a community Post Office derives its sales from traditional convenience store goods such as tobacco, alcohol, newspapers and magazines, fresh, chilled and frozen foods, grocery products, bread and bakery, confectionery, snacks and soft drinks. Additional services include lottery and scratch cards.

The business is run with the assistance of full and part time members of staff.

The Transfer of Undertakings Protection of Employment (TUPE) regulations shall apply to all employees, requiring purchasers to offer continuity of employment to all staff.

Accounts for period ending 31/03/2025 show sales of £422,575 and a gross profit of £128,247.

The annual Post Office renumeration during this period was c. £25,000

Further and more detailed trading information will be made available to interested parties following a viewing of the business.

Store opening hours:

Monday - Friday: 7:30am - 5:00pm

Saturday: 7:30am - 5:00pm

Sunday: 8:00pm - 1:00pm

This property is being sold on a freehold, asset sale basis.

The VOA web portal states that the Rateable Value (1st April 2023 to present) is £8,900