St. Michael Street News & Post Office in Dumfries has been put on the market.
The store reported an annual turnover £257,649 and pre-tax earnings of £62,000 for the year ending 31 December 2021.
The store is currently open Monday to Friday 5.00am – 3.00pm, Saturday 5.00am – 12.30pm, and Sunday 5.00am – 11.00am
A three-bedroom flat, located directly above the post office, is also available as part of the sale.
Mark Lavery, Associate Director – Retail at Christie & Co, said: “The store and mains post office is at the heart of the community and is vital to many local residents. Any new owner would be able to increase the post office commissions and convenience turnover by increasing the opening hours. This would have a direct positive impact on the turnover and subsequent profit.
“The addition of new convenience lines and a possible hot food-to-go solution would also benefit the store and turnover. The store presently does not hold an alcohol licence. Attaining a licence would increase the profitability of the store immediately.”
The freehold store has an asking price of £190,000 or £320,000 to include the residential flat.
