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Freehold Mains Post Office With Significant Potential For Sale

Lanark, South Lanarkshire, UK
Asking Price:
£175,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

A fantastic opportunity to acquire a Mains branch Post Office offering significant upside and development potential. As the only Post Office in the town the business is a focal point for customers within and surrounding the town.

Prominently positioned on one of the town’s main thoroughfares, the business is currently under-developed, primarily due to the current owners’ inability to dedicate sufficient time as a result of their other business interests.

The opportunity exists to enhance the offering through the introduction of a convenience store, incorporating a new and improved layout as detailed within the accompanying plans. This would include a two-position retail counter with a combined Post Office service point, while the main Post Office service counter would remain in situ at the rear of the premises.

In addition, full planning permission has been granted for the creation of two residential properties at first-floor level. This presents an attractive option for owner-occupation or for letting purposes, providing an additional potential income stream.*Town Centre Location

  • Post Office income c. 64,300pa
  • Detailed fit-out plans to add convenience store
  • PP granted for 2x2 bed flats on first floor
  • No business rates payable (subject to status)

Property Information

Property:

Freehold

Location:

The property occupies a prominent position within the South Lanarkshire town of Lanark, situated on the north side of Bannatyne Street, which runs directly off the main High Street. The location benefits from close proximity to Lanark town centre amenities and is a short distance from the main bus station, while Lanark Railway Station is only a brief walk away. As a result, the property enjoys high levels of both pedestrian and vehicular passing traffic.

Lanark is an established and popular market town serving a wide rural catchment, offering a mix of national and independent retailers, local services and residential neighbourhoods, making this a well-positioned and highly accessible trading location.