For Sale

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CS0103 IInvestment Opportunity: Established Mains Post Office


£374,999

  • High Street Location
  • Main Post Office
  • No Immediate competition
  • Off-street parking
  • Perfect Trading Position
  • Three storey property
  • Retirement Sale

Mailbox Estates are delighted to present the opportunity to purchase a Freehold Post office with accommodation which benefits from very low competition and is nicely positioned in a charming high street location.

This well-established busy mains Post Office is ideal for modernising the accommodation and exploring the options for offering convenience products and expanding retail space, subject to planning.

** OFFERS INVITED**

Reason for sale:
Our clients took over the Post Office over 20 years ago to live on-site and work together, having now taken the decision to retire offering this excellent opportunity for a new owner.

The Opportunity:
*Charming town centre location
*Benefits from very low competition
*Well maintained large four bedroom accommodation included
*The post office salary provides a guaranteed income.
*Potential to increase existing trade
*Increase turnover by opening on Sundays
*Ideal as a family run business or existing Postmaster seeking expansion

Weekly Turnover:
*The Annual Post Office remuneration is around £50,000.
*We have been advised that the current turnover for the retail takings are around £600 to £700 per week

Internal:
Substantial three storey building which briefly comprises of a double front high street presence. This briefly comprises of the Post Office Counter, separate retail area and a large stock room to the rear. The first and second floors include four bedroom residential premises with a roof terrace.

Staff:
*This has been family run and is currently managed by the owners (Husband and Wife).

Rates:
*Rates payable £3,192
*Purchasers should enquire with relevant local authorities to confirm the rates payable.
*The current council tax band for 2023/2024 is band B.

Trading Hours:
*Monday, Tuesday & Friday 8:30am - 5:30pm
*Wednesday & Thursday 9:00am to 5:30pm
*Saturday 9:00am to 1:00pm

Accommodation:
*This beautiful three storey property includes a 4 bedroom residential accommodation, The first floor includes a large family/sitting room with extensive bay window, This leads onto an office area, accessed only from the sitting room, which could alternatively be used as a downstairs bedroom. along the hallway leads to a large dining room with front and rear view windows, benefiting from a large open plan kitchen that leads onto a rear terrace with outdoor storage space.

The second floor consists of three large double bedrooms, one single bedroom and large family bathroom including separate bath and shower. A Velux window to the top of the stairs provides access to the roof for any maintenance work.

Location:
*Town centre location
*The store sits alongside other complimentary retail businesses including, a Hotel and hugely benefits from the footfall.

Fixtures and Fittings:
*The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
*The photo booth is owned outright and has a value of £6,000.

External:
*There is on street parking available directly outside the property and the owners currently have an arrangement with the business to the rear to access some off-street parking. There are numerous town centre parking options also available.

Legal Costs:
*Each party to be responsible for their own legal costs in connection with the sale.
*Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally.

Trading Information:
*Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.

Viewing Arrangements:
*Mailbox Estates highly advise early viewing to avoid disappointment.
*Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF.

DEPOSIT:
*Successful applicants will be required to pay a non-refundable deposit.


Tenure: Freehold

ELPO EPC

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