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Business description
Preferred Commercial is pleased to offer for sale this popular Post Office and newsagents, which was established in the 1940s and which has been in our clients' careful hands since 1998. The business is only now being placed on the market due to our clients' wish to retire. The business offers general Post Office services and draws a Post Office salary of £28,000 per annum, along with sales of tobacco, alcohol, newspapers and a range of convenience items, with a turnover of approximately £250,000 per annum. There is scope for a new owner to increase turnover by applying to offer PayPoint and lottery and perhaps, embarking on a modest advertising campaign. The shop and Post Office occupies single storey lock-up premises. The freehold of the property is available for £239,950 +SAV and would include the self-contained 3-bedroom house to the rear of the shop, which is currently let out at £525 per month, but could be used as owners' accommodation. We feel this represents an ideal opportunity to acquire a busy Post Office and general store in such a desirable location. Early discussions with Preferred Commercial must come highly recommended.
Property information
- Property:
- Freehold
- Lease terms:
- Leasehold:
New lease to be negotiated
Rent: £15,000 per annum
- Leasehold rent:
- £15,000 per annum
- Location:
- The Common Post Office occupies a prominent location on a busy main road that leads into the town of South Kirkby in West Yorkshire. The Post Office is surrounded by a large residential estate from which it draws much trade, and benefits from a high footfall and a bus stop directly outside. South Kirkby is a popular place in which to live and work and boasts easy access with the railway station approximately 1 mile from the Post Office, while there are good road links with the A1(M) approximately 5 miles away. Pontefract lies approximately 7 miles to the north, Wakefield, 9 miles north west and Barnsley approximately 9 miles south west.
- Premises details:
- Single storey Post Office and shop, with optional living accommodation. Briefly comprising:
Retail Area
• Main sales and display area fitted to suit trade with L-shaped serving counter with confectionery display, shelving to rear for alcohol and tobacco, large glass fronted display refrigerator and electronic cash register, photo booth, ATM, newspaper and magazine racks, 2 x centre aisle display shelves for convenience lines
• 3-position Post Office counter
House (Self-Contained)
Available with the Freehold purchase option only.
• 3-bedroom 2-storey house accessed through a secure door to the rear, briefly comprising:
Ground Floor
• Lounge
• Dining room
• Kitchen with a range of fitted wall and base units
First Floor
• 3 x bedrooms
• Bathroom
External
• Small forecourt to front
• Large garden to rear
• Driveway to side leading to single garage
Business Operation
- Trading hours:
- Mon - Fri: 5.00am - 7.00pm
Sat: 6.00am - 2.00pm
Sun: 7.00am - 12.00pm