Business Summary

Falcon Commercial is pleased to offer for sale this busy 3 position Post Office which benefits from private owners accommodation and private rear parking. Penryn Post Office has been owned by our clients since 2007 and is reluctantly being placed on the market due to personal reasons. The Post Office Salary is in the region of £55,000 per year. Additional income is generated from the shop which has a range of stationary, greetings cards, confectionery, pocket money toys and some groceries. It has sales of approximately £18,000 per year. The business shows a gross profit of £60,000.

Penryn Post Office is run by the proprietor with the help of part time staff and trades very sensible hours. It is open from 9.00am – 5.30pm Monday to Friday and from 9.00am – 12.30pm on a Saturday. There is no Sunday trading. We feel that the shops sales could be increased by possibly expanding the product range and extending the opening hours. Early negotiations with Falcon Commercial are highly recommended.

Accommodation

Penryn Post Office occupies a modern, well maintained, purpose built, 2 storey premises, comprising ground floor shop and self-contained first floor flat with its own private entrance which has been recently refurbished. To the rear of the property is a private parking area and sun terrace. The Property briefly comprises:

Ground Floor

Main shop area which has a single entrance door leading into well fitted sales area containing a range of price edge metal shelving and center gondolas, slat walls with greetings card, stationary confectionery and toy displays. 4 position post office counter, new high spec security alarm, photo booth, point of sale advertising display. Slate effect tiled floor
Stock Room
Staff Kitchen with newly refitted sink and units
Staff WC
Stock Room which has double doors to the rear parking area and internal door to the shop
Store room containing a disused staircase. Door to the front leading onto street.

First Floor

The First Floor Owners Accommodation is accessed via a newly constructed timber staircase which leads to a timber decked sun terrace style garden area.

The flat has recently undergone major refurbishment including replacement uPVC double glazed windows and doors at rear, new carpets, new kitchen, new central heating as well as a new shower room

Owners Accommodation Comprises:

Reception Hallway with doors to all rooms
Living room/kitchen with windows to the front.Newly fitted kitchen area.
Bedroom with window to the rear
Utility room with window to the rear
Toilet containing a WC and wash hand basin
Shower room with built in electric shower.
We are advised that the flat could be rented out for between £500 and £600 per calendar month.

Location

The west Cornwall town of Penryn is more or less connected to the newer port of Falmouth. However it is still a busy university town containing a good mix of independently owned shops and businesses.

Penryn has seen massive investment recently including the new 70 acre Tremough University Campus which has had in the region of £80 million of new buildings.

Penryn is a convenient center from which to visit Cornwall . The beautiful Helford River is nearby and the towns of Falmouth, St Ives, Helston and Truro are very close. The area is renowned for its lovely sandy beaches and clear blue sea.

Falmouth, a world famous port enjoys excellent links being just off the A39 which connects to the recently upgraded main A30.

Property Details