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Mains Post Office, Tollcross, Edinburgh (ref. 1197) For Sale

Edinburgh, Edinburgh City
Asking Price:
£95,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Tollcross Post Office offers an exciting opportunity for a hands on operator to take on and run a well performing Post Office business with huge scope for development located in the heart of Scotland’s capital.

Our clients have owned and operated this highly regarded Post Office business now for in excess of 20 years, some 4 years ago they relocated from nearby Brougham Street to its current more prominent location.

Trading as a mains Post Office offering all the traditional Post Office services including passport check and send, photobooth, full Bureau de Change and driving licence renewals.

Due to its location the Post Office has a high footfall with much of its turnover being derived through postage and banking.

There is huge scope to expand on the retail side of the business. The current owner has a limited selection of products available and works on restricted hours. Due to the passing trade early in the morning and after normal working hours, there is undoubtedly benefit to be had by extending the hours the business operates.

Genuine retirement sale.

Property information

Property:

Leasehold

Lease Terms:

Leasehold. A new lease will be made available to the purchaser with a starting rent of £19,000 per annum.

Leasehold Rent:

£19,000 per annum

Location:

Tollcross, Edinburgh - located on a busy main thoroughfare.

Premises Details:

The business occupies the ground floor and basement levels of a terraced Victorian tenement with complimentary retail and catering businesses alongside and separately owned residential accommodation above.

The recessed frontage has a wheelchair access ramp and benefits from modern eye-catching Post Office signage.

Business Operation

Reasons for selling:

Retirement.

Trading hours:

Monday to Friday 9.00am to 5.30pm
Saturday 9.00am to 2.00pm
Sunday Closed.

Employees:
The business is run by two owners along with the assistance of 4 part-time staff members.
Years established:
20 years

Other Information

Related Documents:
Post office salary:
£90,000 per annum

Contact Information

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