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MBE Cheltenham, 20 Winchcombe Street, Cheltenham, GL52 2LY

MBE Cheltenham, 20 Winchcombe Street, Cheltenham, GL52 2LY

MBE Cheltenham offers a fantastic opportunity to purchase an existing, well established profitable city centre business operating weekday office hours.

The business offers the full Mail Box’s product range, but is very strong in packing and shipping, serving more than 20 Auction houses and multiple antique dealers, regularly shipping high value international items.

There is significant opportunity for growth in the Gloucestershire small business market which is now the focus for marketing activity.

Organisation
The business is operated by the franchisee and 2 long service very experienced members of staff.

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Demographics

Demographics

Cheltenham is located on the western edge of the Cotswolds Area of outstanding beauty which provides an ongoing source of international and UK tourist business.

The city of Cheltenham has a population of 110,000 with a beautiful Georgian centre and the high tech internet bases businesses supporting the government GCHQ security centre.

Gloucester county has a population of 650,000 and for the specialist antiques shipping business the whole area is covered.

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Store proximity

Store proximity

Located in the centre of Cheltenham within 200 meters of both Marks and Spencer’s and the large Lewis’s store on a street of specialist retailers. There is limited time parking available outside and a loading and unloading area on
the street with significant log term parking close by.

The centre of Cheltenham is a thriving centre with major festivals, Jazz, Science and Literature for example spread throughout the year as well as the well know Cheltenham Racecourse.

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Recent Business Performance

Recent Business Performance

2025 Turnover: £290,000
2024 Turnover: £246,000
2023 Turnover: £215,000

  • Shipping business is 80% of turnover
  • Split 65% Antiques and Art
  • 25% Business Customer
  • 10 % Walk in Customer
  • Mail Boxes 10% of turnover
  • Print and Design 10% of turnover

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Main Clients

Main Clients

The core of the business is the more than 20 Auction Houses serviced in Gloucestershire and the surrounding area. The enquiries coming from the long standing relationships with the auctions, and the reputation of the centre, supported by the Head Office, auction logistics system and on-line advertising.

There is also a significant number of local antique dealers who use the centre for national and international shipping.

The centre has a number of business clients who provide significant regular recuring sales and this area is now the
focus for growth.

The print business is based on a large number of small local businesses cafes, restaurants and health and beauty organisations feature strongly and again is stable and recuring. There are around 100 mailboxes rented out at Cheltenham providing a regular monthly income.

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Property Lease

Property Lease

  • Lease Cost: £27,500
  • Rental Income £8,400
  • Lease Expiry: 01/07/2031

The lease is for the whole building with income generated forom subletting the higher floors which
have a separate entrance.

The lease is a business only lease with no personal guarantee.

The rates payable are £11,000 pa.

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Staffing/Hours

Staffing/Hours

The Centre is currently open

9.00 am to 4.30 pm

Monday to Friday.

The vast majority of business comes via e-mail and related on line systems, it requires fast and accurate responses during business hours.

There are 2 long service very experienced members of staff both working full time, one of whom is a fully qualified experienced graphic designer.

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How we support your business vision

Mail Boxes Etc. offers a proven business concept providing what you need to turn your business project into a reality: