Business for Sale in Wakefield, West Yorkshire - FREEHOLD POST OFFICE WITH RESIDENTIAL ACCOMMODATION IN WAKEFIELD - Freehold: £245,000 (Offers in the region of)

Key Information

Ref
S33099YK
Type
Retail Businesses: Post Offices
Location
England: West Yorkshire
Tenure
Freehold
Status
For Sale
Accommodation
2 Bedrooms
Download Particulars Add to my favourites

Request Particulars

Please fill the form in below to request particualrs via e-mail for Business Ref : S33099YK

Please let us know whether you are happy for us to contact you from time to time with information about our products or services by selecting one of the following options:

Call us on 01423 502121

Due to the upcoming retirement of the current owners after 30 years of successful operation, Everett Masson & Furby are delighted to offer for sale this freehold opportunity to purchase a long-established Post Office complete with a two-bedroomed self-contained residential first floor flat, ideal for owner occupation or sublet to generate a second income stream.

Enjoying an ideal busy roadside location in a recognised retail area with significant passing traffic and footfall with ample on-street parking. The business is a valued community asset with a large and loyal local customer base within easy reach of the M1 and Wakefield City Centre (both approx 5 minutes drive).

This is a Mains Post Office with a three-position fortress counter. Post Office salary is approx £46,000 per annum which combined with retail sales and income from the sublet of the flat gives a gross income of approx £56,000 per annum. After wages and other expenses, net income is approx £40,000 per annum.

Retail sales are currently limited to greeting cards, stationery, toys and confectionary. The current owners have chosen to run a Monday to Friday (9am - 5.30pm) and Saturday morning (9am - 1pm) operation, but this leaves scope for extended opening hours (perhaps with the addition of a full convenience store or off-licence offering) to generate substantially higher retail profits.

The spacious self-contained accommodation with private access to the rear of the premises provides a large open landing, kitchen, living room, bathroom, and two double bedrooms. The current tenant also has use of the property's garden, garage and driveway.

Being a freehold opportunity, this comes with the security of the value of the bricks and mortar which will be attractive to any potential purchaser.

Offers in the Region of £245,000.

Initial interest should be registered by email - yorkshire@emfgroup.com quoting reference number S33099YK.

All enquiries and viewings strictly through the appointed sales agents - Everett, Masson & Furby (Yorkshire) – 01423 502121.


Copyright © EM & F Group Limited 2020 - Company No: 03035561 - VAT: 631 4000 02