Freehold Post Office with Accommodation In Town Centre

  • £374,999
Shropshire, England, England
Freehold Post Office with Accommodation In Town Centre
Shropshire, England, England
  • £374,999

Overview

  • Business, Retail Businesses, Post Offices,Convenience Stores, Off Licences, Office Supplier Businesses, Party Shops, Post Offices
  • Property Type

Description

Mailbox Estates is pleased to offer a rare opportunity to acquire a freehold post office with accommodation, perfectly situated on a charming high street with minimal competition.

This well-established and busy main post office is ripe for modernisation, with excellent potential to introduce convenience products and expand retail space, subject to planning permissions.

**OFFERS INVITED**

REASON FOR SALE:
* After more than 20 years of running the Post Office and living on-site, our clients have decided to retire, presenting this outstanding opportunity for a new owner.

THE OPPORTUNITY:
* Prime town centre location with very low competition
* Well-maintained, spacious four-bedroom accommodation included
* Guaranteed income from the Post Office salary
* Potential to increase existing trade and turnover by opening on Sundays
* Ideal for a family-run business or an existing Postmaster seeking expansion

WEEKLY TURNOVER:
* The current retail turnover is around £600 to £700 per week.
* Annual Post Office remuneration is approximately £50,000.

INTERNAL:
* The property is a substantial three-story building with a prominent double-front high street presence. The ground floor includes the Post Office counter, a separate retail area, and a large stock room at the rear. The first and second floors house four-bedroom residential premises with a roof terrace.

STAFF:
* The business is currently managed by the owners, a husband and wife team.

RATES:
* Rates payable: £3,192
* Prospective buyers should confirm rates payable with local authorities.
* The current council tax band for 2023–2024 is Band B.

TRADING HOURS:
* Monday, Tuesday & Friday: 8:30 am – 5:30 pm
* Wednesday & Thursday: 9:00 am – 5:30 pm
* Saturday: 9:00 am – 1:00 pm

ACCOMMODATION:
* This attractive three-story property includes spacious four-bedroom residential accommodation. The first floor features a large family/sitting room with a bay window, leading to an office area that could serve as an additional bedroom. A hallway leads to a large dining room with both front and rear views, adjacent to an open-plan kitchen with access to a rear terrace and outdoor storage space.

* The second floor comprises three large double bedrooms, one single bedroom, and a spacious family bathroom with a separate bath and shower. A Velux window at the top of the stairs provides roof access for maintenance.

LOCATION:
* Central town location
* The property is surrounded by complementary retail businesses, including a hotel, and benefits from significant footfall.

FIXTURES & FITTINGS:
* The business is well-equipped throughout, and a valuable inventory of equipment is included in the sale price. The photo booth, valued at £6,000, is owned outright.

EXTERNAL:
* On-street parking is available directly outside the property, with additional off-street parking access through an arrangement with a nearby business. Several town centre parking options are also available.

LEGAL COSTS:
* Each party will be responsible for their own legal costs associated with the sale. The buyer and seller will share the landlord’s legal fees equally.

TRADING INFORMATION:
* Full accounts and trading history will be provided to seriously interested parties after viewing the business.

VIEWING ARRANGEMENTS:
* Mailbox Estates strongly recommends early viewing to avoid disappointment. Discreet customer visits are encouraged, but UNDER NO CIRCUMSTANCES SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR STAFF.

DEPOSIT:
* Successful applicants will be required to pay a non-refundable deposit.

Details

Updated on January 4, 2025 at 6:38 pm
  • Price: £374,999
  • Property Type: Business, Retail Businesses, Post Offices,Convenience Stores, Off Licences, Office Supplier Businesses, Party Shops, Post Offices
  • Tagline: Convenience Stores, Off Licences, Office Supplier Businesses, Party Shops, Post Offices
  • Annual Turnover: £89,600
  • Website: https://www.mailboxestates.co.uk/commercial-sales/area/shop/49700-elpo

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