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Prince Charles Avenue Post Office, 83 Prince Charles Avenue, Derby, Derbyshire, DE22 4BG

£350,000

Business rates & charges may apply

Christie & Co, Retail
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SECTOR

Post office for sale

Key features

  • Great location on a busy parade
  • Post Office commission approx. £98,000
  • Long leasehold, peppercorn rent
  • Retail sales approx. £20,000 per annum
  • Densely populated residential area
  • Main Post Office plus outreach Post Office situated in Ockbrook, EPC Rating C
  • Christie & Co Ref: 5710878

Description

Location

Prince Charles Avenue Post Office is located in the Mackworth District Centre, which is situated along Prince Charles Avenue in Mackworth, Derby. The Post Office is located approx. 4 miles west of Derby City Centre, just beyond the A38 Kingsway.
The retail district consists mainly of a small retail precinct, alongside the post office there is also a Greggs, Birds, Co-op, off licence and a mixture of other retail uses. The linear retail precinct is fronted by two car parking areas. One being of short stay on street parking bays, and the other a longer stay car park. There is also staff parking available to the rear of the premises. The retail precinct is surrounded by residential properties. The Post Office is accessible by sustainable modes of transport and the surrounding area exhibits good levels of pedestrian infrastructure, with a number of public transport opportunities within close walking distance of the district centre. The local bus service operates every 12 minutes in the daytime. These services provide connections between Mackworth and Derby City Centre.

Internal Details

Internally the retail trading area extends to approximately 419 sq. ft. The trading area has a central gondola unit with shelving and holders around the perimeter. The payment kiosk is located to the right-hand side of the entrance whilst the two post office counters are located to the rear of the store. Behind the post office counter is a W.C, a kitchen area and a small storeroom.

Fixtures & Fittings

All fixtures and fittings will be listed before an exchange of contract in a detailed inventory.

External Details

The outreach Post Office is operated out of a village hall in Ockbrook on Monday, Tuesday, and Thursday mornings, between 9:00am – 12:00pm. Ockbrook is a village in Derbyshire, located 7 miles east of Prince Charles Avenue Post Office and is accessed from the A52.

Other Property

The outreach Post Office is operated out of a village hall in Ockbrook on Monday, Tuesday, and Thursday mornings, between 9:00am – 12:00pm. Ockbrook is a village in Derbyshire, located 7 miles east of Prince Charles Avenue Post Office and is accessed from the A52.

The Opportunity

Prince Charles Avenue Post Office is an excellent opportunity for either a multi-operator or a first-time buyer to acquire an established Post Office in a popular suburb of Derby. The premises benefits from a quality fit out and offers scope to increase the current turnover.

Staff

A staff schedule can be provided upon request.

Trading Information

We are in receipt of the year end accounts to end of March 2022 and 2023. The 2023 accounts show a post office commission of approximately £98,000. We are also in receipt of 6 months’ worth of Post Office payslips, these can be provided upon request.

Trading Hours

The store currently opens 9am – 5:30pm Monday to Friday, 9am – 2:30pm Saturday and closed Sunday.

Tenure

Derby City Council own the freehold of the retail district centre, with the Post Office premises having a 125-year peppercorn lease from the Council granted in September 1993. The rent and service charge associated with the long lease are £0 per annum.

Business Rates

The current rateable value is £7,100 as of the 1st of April 2023.

Energy Performance Certificates

EPC 1

Brochures

Prince Charles Avenue Post Office, 83 Prince Charles Avenue, Derby, Derbyshire, DE22 4BG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Derby Station2.4 miles
  • Peartree Station2.8 miles
  • Duffield Station4.3 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Retail

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

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Notes

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Disclaimer - Property reference 5710878-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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