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The opportunity has arisen to purchase the freehold in addition to the business.
Freehold circa £100,000. Total cost for property & very well established PO £229,000
Annual return from property investment of 7.2% based on current Post Office Rental payments.
MUST ACT QUICK BEFORE PROPERTY GOES TO AUCTION.
For Post Office alone, with 20+ year lease, offers over £129,000 will be considered for buyer in position to move swiftly.
All Post Office payslips available following initial meeting and viewing.
Outstanding mains model Post Office, having recently benefited from a £50,000+ refurbishment program and being located in a very busy Derbyshire town.
Post Office income in excess of £71,000 p.a. and growing. Offers full mains Post Office services, including external ATM & AEI machine.
Recently introduced low key retail trade generating £4,800 per annum with scope for much much more. Also has ongoing rental Income of £5,200 p.a. from a self-contained 1 bed flat with off road car parking space.
Currently run under management, with minimal input from the current owner. If Owner Couple managed, readjusted net profits looking would be circa £64,400.
Must be viewed!
If interested, please contact the seller through the form on this page.
1 bedroom flat, currently let.
Located on side road off busy Market Square
Increased Retail Opportunities
Other business interests in Lincoln
Monday 8.30 - 17.30
Tuesday 9.00 - 17.30
Wednesday 9.00 - 17.30
Thursday 8.30 - 17.30
Friday 9.00 - 17.30
Saturday 9.00 - 13.30
Full training offered by Post Office pre take over and onsite support once completed.
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