Leasehold Sub Post Office For Sale

Business description

Bag a Business Ltd is pleased to offer for sale this busy Post Office, which was established in the 1950's and has been under the careful ownership of our clients since 2004. It is now only being placed on the market due to his recent offer of another opportunity. The business has a Post Office salary of £46,500 and has shop sales of £31,000, which is derived from the sale of stationery, greeting cards and gifts. This is further enhanced by the four bedroom owner's accommodation and separate two bedroom holiday cottage. The business enjoys a good mix of local and holiday trade, due in part to the range of products stocked in the shop and its excellent local reputation. We feel this opportunity represents an excellent base for a new owner to build upon and urge early viewing of this Post Office set in a charming location

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 25 years
Remaining length: 22½ years
Review every: 3 years
Rent: £19,000 per annum

Living accommodation:

Three storey property with 4 bedroom accommodation with private entrance plus separate holiday let and two garages. Briefly comprising: Ground Floor • Well fitted retails sales area and 3 position Post Office counter • Office • Store Room • Staff kitchen & WC • 2nd Office • Kitchen • Lounge • Dining Room • WC First Floor • Bathroom • Double bedroom with sink unit • Double bedroom with cast iron fireplace • Double bedroom with cast iron fireplace Second Floor • Double bedroom with roof storage • Bathroom with bath and separate shower cubicle External • Courtyard with parking for four cars • Two garages Holiday Let • Lounge • Kitchen • WC • Double bedroom with en-suite • Double bedroom

Location:

Looe Sub Post Office is situated on Fore Street, a narrow busy shopping street, surrounded by a wealth of complementary shops and businesses in this highly sought after Cornish town. There is ample parking in the nearby car park. The numerous amenities of East & West Looe include a wide range of shops, banks, award winning restaurants and a flourishing commercial centre, allied to the fishing industry for which Looe is renowned. The town lies only about 20 miles into South East Cornwall and is readily accessed by the Tamar Bridge and the A38 which connects to the M5 motorway. A branch railway line with station connects the town with the Penzance to Paddington line at Liskeard. The coastline in this region is beautiful and easily accessible.

Other information

Trading hours:

Mon - Fri: 9.00am - 5.30pm Sat: 9.00am - 1.00pm

Contact the seller