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Property Listing Details

Property details

Features

  • Leasehold
  • Thriving and highly lucrative post office
  • Post office salary is variable between £50,000-£55,000 depending on the sales, genuine growth potential
  • Prominent trading position, sought after and densely populated residential area
  • Refitted to high standard, self contained 2 bed accomm, viewing highly recommended

Listing view statistics

Last 30 days: 17 page views

Since listed: 408 page views

Description

Reference - 45747

Description
This is a rare opportunity to purchase a highly lucrative and heavily relied upon Post Office which is located in the charming Lancashire coastal town of Lytham St Annes on the Fylde coast.
St Davids Road North Post Office is situated on a busy parade of shops at the heart of a densely populated residential area with ample customer car parking ensuring high levels of regular local and passing trade throughout the day.
Having been in present ownership since 2013, the business has forged strong relationships with the local community and boasts enjoys an extensive and loyal customer base.
The business operates from highly visible single fronted shop premises offering spacious ground floor retail space which is has been recently refitted to a high standard.
In addition to the usual post office facilities, the business also offers a host of additional services including motor vehicle licensing, foreign currency, travel insurance and a 24 hour external atm.
The business retails a range of stock lines such as greetings cards, stationary, toys, confectionery, gifts, household goods and a selection of hardware.
St Davids Road North Post Office is a thriving and extremely lucrative business which offers genuine scope for future growth. The business therefore represents an ideal purchase for an ambitious family who can exploit the potential for growth and development which will naturally increase the sales whilst ultimately enhancing overall profitability.
To fully appreciate this excellent business opportunity, viewing is recommended.

Sales
Post office salary is variable between £50,000-£55,000 depending on the sales.

Accounts
a) Available accounts are to year end 31st March and are summarised below:
2016 - Sales £27,278 Gross Profit £12,196

Trading Hours
Monday – Friday 09:00 – 17:30
Saturday 09:00 – 13:00

Staff
Managed by the owners.

Building External
The highly visible single fronted shop premises provide an excellent blend of ground floor retail and self contained first floor living accommodation.

Building Internal
The spacious sales area is bright and airy creating a welcoming environment with a fortress and an open counter position. The sales area had been recently refitted to a high standard with a range of good quality fixtures and fittings. To the rear of the property there is an office, 2 stockrooms, staff toilet and a basement providing additional storage.

Residential Accommodation
a) This part of the property has not been inspected but we are advised by the owner that it is accessed via a separate rear entrance to the first floor and comprises: A living room, spacious landing, kitchen, 1 double bedroom, 1 single bedroom and a family bathroom.

Tenure
a) We are advised that the property is held on a 10 year lease which commenced in 2013. The annual rent is £10,500 exclusive and it is anticipated this will increase to £12,000 per annum exclusive with effect from January 2018. (correct as advised on 04/08/17). Rent reviews are at 3 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is an excellent opportunity to purchase a successful and highly lucrative with a bright future. To avoid disappointment, viewing is highly recommended.

Map & Nearby

Local Amenities

  • St Annes-on-the-Sea 0.4 miles
  • Blackpool International Airport 0.9 miles
  • Lytham St Annes Mayfield Primary School 0.2 miles
  • Trax Academy (SEN) 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • St Annes-on-the-Sea 0.4 miles
  • Blackpool International Airport 0.9 miles
  • Lytham St Annes Mayfield Primary School 0.2 miles
  • Trax Academy (SEN) 0.3 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Kings Business Transfer. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Kings Business Transfer for full details and further information.