Blagdon Post Office & Stores, a Londis-branded community store located in Blagdon, Bristol, has been brought to market through Christie & Co, with a guide price of £649k.
The successful store is prominently positioned on the High Street in the centre of the desirable village of Blagdon, with ample street parking. The business benefits from a large catchment area due to its location in the Mendip Hills, an Area of Outstanding Natural Beauty which overlooks Blagdon Lake. Larger nearby cities include Bristol which sits 12 miles north and Bath, 20 miles to the east.
The total retail area is circa 900 sq ft, with the main trading area, post office and Royal Mail sorting office all located on the ground floor. Located above the store is owner’s accommodation, accessible through the store and via a separate side entrance.
The flat is in superb condition and comprises a lounge, open-plan kitchen and dining area, three to four spacious double bedrooms (one en-suite) and a large family bathroom. There is also a large private garden located to the rear.
Blagdon Post Office & Stores has been owned and operated by the current owner’s, Graham and Johanna Brown for over 21 years and has come to the market as they have made the decision to retire.
Graham commented, “After 21 years at the helm of this successful and profitable village shop and post office, situated in the stunning Mendip Hills, we have decided that the time is right to sell. We have enjoyed servicing the local community and have built a strong clientele base during this time however, we look forward to passing the reigns to a new owner so that we can retire.”
Jamie Williams, Business Agent in Christie & Co’s Retail team is handling the sale and added, “Blagdon Post Office & Stores is a consistently profitable store, achieving a gross profit margin of 26%. The business, along with the fantastic owner’s accommodation, a large garden and the chance to grow sales further presents an exciting opportunity for buyers in the sector.”
