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Freehold Post Office With Residential Accommodation In Wakefield For Sale

Wakefield, West Yorkshire, UK
Asking Price:
£245,000
Turnover:
Available on request
Net Profit:
Available on request

Due to the upcoming retirement of the current owners after 30 years of successful operation, Everett Masson & Furby are delighted to offer for sale this freehold opportunity to purchase a long-established Post Office complete with a two-bedroomed self-contained residential first floor flat, ideal for owner occupation or sublet to generate a second income stream.

Enjoying an ideal busy roadside location in a recognised retail area with significant passing traffic and footfall with ample on-street parking. The business is a valued community asset with a large and loyal local customer base within easy reach of the M1 and Wakefield City Centre (both approx 5 minutes drive).

This is a Mains Post Office with a three-position fortress counter. Post Office salary is approx £46,000 per annum which combined with retail sales and income from the sublet of the flat gives a gross income of approx £56,000 per annum. After wages and other expenses, net income is approx £40,000 per annum.

Retail sales are currently limited to greeting cards, stationery, toys and confectionary. The current owners have chosen to run a Monday to Friday (9am - 5.30pm) and Saturday morning (9am - 1pm) operation, but this leaves scope for extended opening hours (perhaps with the addition of a full convenience store or off-licence offering) to generate substantially higher retail profits.

The spacious self-contained accommodation with private access to the rear of the premises provides a large open landing, kitchen, living room, bathroom, and two double bedrooms. The current tenant also has use of the property's garden, garage and driveway.

Being a freehold opportunity, this comes with the security of the value of the bricks and mortar which will be attractive to any potential purchaser.

Offers in the Region of £245,000.

Initial interest should be registered by email

All enquiries and viewings strictly through the appointed sales agents - Everett, Masson & Furby (Yorkshire)

Property Information

Property:

Freehold

Living Accommodation:

Accommodation Included.

Contact Information

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