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Busy Freehold Post Office/Accommodation In Shropshire For Sale

Shropshire, West Midlands, UK
Asking Price:
£374,999 Furniture / Fixtures included
Turnover:
£89,600
Net Profit:
Not applicable

Mailbox Estates is delighted to present the opportunity to purchase a freehold post office with accommodation that benefits from very low competition and is nicely positioned in a charming high-street location.

This well-established, busy main post office is ideal for modernising the accommodation, 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 accommodations are 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-story 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, 9:00 to 5:30
*Saturday 9:00 to 1:00

Accommodation:
This beautiful three-story property includes four-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 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 is responsible for their own legal costs in connection with the sale.
The 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 advises 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.

Property Information

Property:

Freehold

Living Accommodation:

Four bedroom house included

Location:

Charming Town Centre Location

Business Operation

Competition / Market:

no local competition

Reasons for selling:

Retirement Sale

Trading hours:

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

Employees:
This has been family run and is currently managed by the owners (Husband and Wife).
Years established:
20+

Other Information

Support & training:

Handover can be provided to ensure continued success

Post office salary:
£50,000 per annum