Convenience Store and Post Office in Shrewsbury sold to new owners

Londis convenience store and post office in Worthen, Shrewsbury, has been successfully sold to new owners. The final consideration was £330,000 plus stock at value for the business and freehold property which also includes a 3 bed cottage.

The business, which generates a turnover in excess of £500,000 annually, stocks a wide range of convenience items, garden products and animal feeds as well as housing a post office facility.

The store is located in the village of Worthen, with a number of surrounding villages within the direct catchment area of the business, which lies just a short drive from the Anglo/Welsh border.

The business was brought to the market by Knightsbridge due to the outgoing owner’s intentions to retire after running the business for over 15 years.

The buyer, Mr John Perks, was one of a number of interested parties which resulted in multiple bids for the business.

Gemma Moss of Knightsbridge acted on behalf of the vendors, with the legal process handled by Gateley.

Knightsbridge announces sale of Burnage Lane Post Office

This long established business has seen significant changes in the last few years with a full scheme of refurbishment to both the ground floor shop and the accommodation above. The double counter sub Post Office and convenience store offers a range of goods including general groceries, dairy produce, stationery, greetings cards, Lottery, an external cash machine and Pay Station etc.

Located just a few miles from the centre of Manchester, the business serves the local community and benefits from a good amount of trade from passersby which generates high volumes of repeat custom.

Our client worked in the business full time, assisted by two other members of staff but wished to pursue a sale in order to concentrate on other business interests.

Gemma Moss, negotiating, was delighted that a sale was made and commented that the business gained a lot of interest.

West Yorkshire based Post Office successfully sold by Knightsbridge

This well established Post Office based in West Yorkshire has been under the ownership of our clients for 21 years and was reluctantly placed onto the market due to our clients’ family commitments. As well as providing vital Post office services the business also provides a range of sundry items and confectionary. As well as being well presented throughout it has the added benefit of rental income received from the remainder of the property which includes three-bedroom accommodation, a two-bedroom flat and a hair salon.

Situated in the picturesque town of Wakefield, the premises are located on a main route to the M62, with easy access to Leeds, Bradford, Huddersfield and the popular Yorkshire Dales. The business is surrounded by mainly residential properties from which it draws much of its trade and benefits from complementary custom from the hair salon next door and fish and chip shop on the other side of the property. The Post office also benefits from ample parking and is well served by public transport.

The business was run by the clients with the help of an additional member of part-time staff whilst the majority of the business source comes from the surrounding area and local residents, with a level of passing trade.

Samantha Wright of Knightsbridge Business Sales successfully negotiated the deal on behalf of the client.

Knightsbridge Business Sales announces sale of Eastwood Post Office

Occupying an enviable location which sees a high volume of passing traffic throughout the day and high levels of footfall from a number of other retailers in the local vicinity, Eastwood Post Office boasts a fully refurbished shop with number of other products to complement the Post Office services.

Owing to its location on a busy through road, the shop has a good commanding of local residents who live close by, and utilise the Post Office services on a frequent basis. The prominence of eBay and other auction websites means that increasing levels of regular custom comes from more and more people selling items from home and using the shop’s postal services.

Sold in February 2014 to private buyer Mr. Ali, the business was offered for sale due to our clients need to concentrate on business interests elsewhere and the new buyer may consider the scope to expand the retail offering and introduce further products to increase sales.
The sale was negotiated by Gemma Moss, Manager at Knightsbridge Business Sales who acted on our clients’ behalf.

Pathfinder Village Post Office in Exeter Sold

Established for over 40 years, and having been in the hands of our client for 5 years, the business provides a vital Post Office counter service to local residents, and also sells a full range of convenience goods, alcohol and tobacco. 

Well located, and offering off road parking, the business offered plenty of scope for development. The vendor, wishing to exit the business to focus on other business interests, was pleased with the high levels of interest achieved by Knightsbridge, including 4 offers and 15 viewings. 

The buyers, Mr and Mrs Pratt, were keen to take advantage of the superb trading position and low rent, and in a sale handled by senior negotiator Leanne Boulding of Knightsbridge, they acquired the business in November 2012, intending to work in the business on a full time basis. Leanne would like to wish both parties good luck in their future ventures.

Merseyside based Post Office Sold by Knightsbridge

Rainhill Post Office based in Prescot, Merseyside, has been sold by Knightsbridge for £75,000 to private buyer Alison Skarratts, who will work in the business on a full time basis. 

Owned by our clients for 23 years, they wished to retire, and were therefore pleased when the deal was completed in September 2012, just over 6 months after being on the market. Boasting an excellent trading position, with high passing trade, and plenty of scope to increase on this, it attracted good levels of interest, receiving an offer within only 2 months of being on the market. 

Experienced sales negotiator Samantha Wright highlights that it was a straight forward transaction, with a deposit placed by the buyer to secure the deal. Knightsbridge would like to wish both parties all the best for the future.

Otley Post Office Sold by Knightsbridge

Established in 2001, Otley Post Office offers a very high Post Office Salary, with low rent, situated in an affluent area. It is therefore no surprise that whilst on the market with Knightsbridge, the business attracted a very high level of viewings, and multiple offers, resulting in a sale for £118,000 in September 2012, to buyers Martin and Pearl Goldthorpe. 

The sale will allow our clients to relocate, and Martin will take over the full time running of the business, with all existing staff to remain with the business. 

North Tidworth Post Office Sold by Knightsbridge

North Tidworth Post Office in Wiltshire has been sold for £225,000 by Knightsbridge. This popular business, established over 50 years, attracted a good level of interest throughout its time on the market. 

The deal completed in August 2012, to buyer Mrs Gabriello who will work in the business alongside the other existing staff, and is looking forward to seeing trading increase. Samantha Wright negotiated the sale, and would like to wish our client a very happy retirement.

The Postcard Café and Stores Sold

Knightsbridge are pleased to announce the recent sale in June 2012 of The Postcard Café and Stores in Sheffield, after less than a year on the market. 

The long established business, located on the outskirts of the peak district has seen significant ongoing investment throughout our clients’ period of ownership, and now includes a single counter sub Post Office as well as a small retail operation. The business also has a cafe area with 8 internal covers, and an external seating area to the side. Located to the rear of the property is a fully renovated holiday cottage. 

Leanne Boulding, one of our most experienced sales negotiators, advises that the vendors were looking to pursue other opportunities, and were extremely pleased with the deal value of £120,000.

Railway Road Post Office Sold by Knightsbridge

Knightsbridge has successfully sold the Railway Road Post Office in Leigh to a private investor, Mr. Mian. The sale of the business completed in under a year following a steady stream of 11 viewings.

This long established post office had been under the ownership of our clients for 16 years; within this time the business became an important focal point of the community, providing essential Post Office services for local residents as well as offering a small range of retail lines including confectionery, stationery and greeting cards. The business operates from a substantial end of terrace parade property with well presented three double bedroom accommodation above.

The new owner intends to work in the business full time and continue the success enjoyed by the Post Office over many years.

Knightsbridge would like to wish the new owners every success in their new venture and also wish our clients a happy retirement.

Devon Post Office Sold

Knightsbridge has successfully sold Hatherleigh Post Office to new owners, Mr & Mrs Slocombe.

The business, located in an attractive West Devon market town was offered for sale by our clients due to their impending retirement. The Post Office has been serving the town of Hatherleigh for over 100 years and offers the full range essential services. The business enjoys an attractive location and offers five bedroom accommodation with a large rear garden.

The new owners intend to work in the business full time and continue the success enjoyed by the Post Office over many years.

Knightsbridge would like to wish the new owners every success in their new venture and also wish our clients a happy retirement.

Cheswick Green Post Office Sold by Knightsbridge

Knightsbridge has successfully sold Cheswick Green Post Office to new owner, Mr. Aamir Mailk.

The business is located in a prominent position on Cheswick way amongst a parade of other retailers. As well as providing vital Post Office services the business also retails a range of convenience goods including general groceries, greeting cards, cold drinks, off sales lines and dairy products. Additionally, the business receives commission from Lottery sales and a cash machine to the front of the property.

The new owners intend to work in the business full time and continue the success enjoyed by the Post Office over many years.

Knightsbridge would like to wish the new owners every success in their new venture and also wish our clients a happy retirement. 

Liverpool Post Office purchased by Martin MCColls

Waddicar Lane Post Office in Melling, Liverpool has been purchased by Martin McColls for £390,000. The large freehold premises was offered for sale by our client due to their pending retirement. The business attracted significant interest before being purchased by Martin McColls.

Martin McColls is the UK's leading neighbourhood retailing group with over 1250 stores.

Negotiator Gemma Moss commented, "from being agreed the transaction was very quick and with no problems, I would like to wish our client a happy retirement."

Wolverhampton Road Post Office Sold

Knightsbridge have successfully completed the sale of a well established post office in Wolverhampton. Established in the 1950’s the business has enjoyed many years of successful trading and was only sold due to the retirement of our client.
The new owner, Mrs Kaur is planning on working in the business full time having successfully completed the Post Office interview.
Deal Executive Leanne Boulding commented “The business attracted significant interest with 13 viewings arranged, once an acceptable offer was tabled the deal completed swiftly and we wish the new owner every success in her new role”.
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St Helens Post Office sold to new owners

Knightsbridge have agreed the sale of Clinkham Wod Post Office to new owners following interest from a number of parties. The Post Office which had been operated by John Ashurst since 1992 has two Post Office counters and offers additional retail income through the sales of greetings cards and stationary.

Mr Ashurst, the outgoing vendor supplied Knightsbridge with the following testimonial:

“We would like to take this opportunity of thanking you for your efforts in securing a buyer for us. The standard of your service is first class, keeping us informed of progress on a regular basis, notifying us of any interest in the business and doing your best to obtain viewings as much as possible.”

Knightsbridge would like to wish both Mr Ashurst and the new owner the very best in their respective futures.