Post Office In A Beautiful Northumberland Village For Sale

Business description

Situated in a desirable village location less than 2 miles from beautiful Northumberland beaches. Self contained local PO with salary of c£30,000 per annum plus retail sales, stationery and gifts, of a further £10k per annum. Suit working couple looking for pleasant village lifestyle. Vendors also own 3 bed private accommodation c300 yards from the business for sale at £190,000.

Property information

Property:

Freehold

Location:

LOCATION:
The business is situated in the desirable Northumberland village of Ellington, approximately 3 miles north of Ashington and 1½ miles from the beautiful beach at Druridge Bay.

BUSINESS:
The business consists primarily of Post Office counter sales with a salary previously in the region of £22,000, but now approaching £30,000. The Post Office salary is complemented by an additional £10,000 of retail sales in stationery and gifts.

BUSINESS PREMISES:
The business is operated from compact business premises with a 2 position Post Office counter, which benefits from the latest computerised systems. The premises are nicely appointed with suitable racking and shelving for the display of stationery and gifts.

We understand that there is the potential to extend the property, and the necessary planning permission has been obtained.

PRIVATE ACCOMMODATION:
There is no private accommodation included in the primary sale. However, the Vendors also own a 3 bedroom house approximately 300 yards from the Post Office, which is offered for sale at £190,000.

RATES:
The business rates paid for the financial year to 31st July 2007 were £4034. The water rates paid for the financial year to 31st July 2007 were £117.

SERVICES:
We understand from the vendor that all main services are connected to the property. Light, Heat and Power cost for the financial year ended 31st July 2007 was £845.

HOURS:
Monday to Friday 9.00am to 5.30pm
Saturday 9.00am to 12.30pm
Sunday Closed

STAFF:
The Vendor is currently assisted by one member of part-time staff.

STOCK:
The value of the stock on the last Balance Sheet of 31st July 2007 is £3000.

GUIDE PRICE:
The vendors are seeking OIRO £127,000 plus stock at valuation, for the Freehold, Fixtures and Fittings and Goodwill, plus stock at valuation.