Mains Post Office situated in Edinburgh City Centre. (ref 1642)

*** PRICE REDUCED ***

Mains Post Office. Modern premises in Edinburgh city centre. Post Office remuneration c.£85,000 per annum. Scope to develop retail offering. Quality fixtures and fittings throughout. 5.5 day trading. Annual Rent – £25,000.

LEASEHOLD Guide Price – £65,000.

This Post Office is located on Thistle Street in the heart of Edinburgh City Centre. Thistle Street runs parallel with, just to the north of Princes Street and George Street and the business sits in the block between Hanover and Frederick Street. This part of the City Centre is known as the ‘golden rectangle’ which represents a central location in Edinburgh’s New Town between St. Andrew Square and Charlotte Square incorporating all the streets and locations within.

All the main Edinburgh attractions are within a short stroll including The Castle, Royal Mile, Holyrood Palace and the new St James Quarter which offers a wealth of shopping and eating opportunities.

The Post Office here was recently relocated from nearby Frederick Street to these modern premises.

Trading as a Mains Office, there is a full range of Post Office services available including biometric residence permits (BRP). The business enjoys a substantial level of repeat custom from local businesses and residents as well as the heavy footfall that this part of the city centre enjoys. There is a limited range of mailing/stationery products on sale, there is definite scope to develop the retail offering.

The subjects are held on the basis of a FRI lease and the annual rental is £25,000. The lease runs to 2043 with 5 yearly reviews.