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Post Office for sale

40 High Street,Upton,WF9

£279,000
149 sq. m.

Property Description

Commercial information

  • Business for sale
  • 1,603 sq ft (149 sq m)

Key features

  • REF: 2695B
  • FREEHOLD POST OFFICE

Full description

Tenure: Freehold

LOCATION
Upton Post Office occupies substantial two storey premises, ideally located within the heart of the village of Upton, West Yorkshire. The property is surrounded by densely populated residential areas, from which the business derives much of its trade. Being situated on the busy Main Street, a main thoroughfare through the village, the business benefits from a high volume of footfall and passing trade. The Post Office further benefits from free parking facilities within the vicinity.

Upton is a charming village and civil parish in West Yorkshire, with a residential population of 3,541. The business attracts customers from Badsworth, North Elmsall & Thorpe Audlin.

The area is well served by the public transport system, with a bus stop directly outside the property. The nearest railway station is approximately 2 miles away in South Elmsall. The area is also well served by the A-roads, with both the A6201 and A638 being within easy driving distance, which link to the national A-road and motorway networks. Doncaster is approximately 10 miles away and Pontefract is 7 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and busy Post Office and convenience store in the village of Upton, West Yorkshire.

The old established business has been in our clients' careful ownership since 2002 and is only now, reluctantly, being offered to the market due to our clients' desire for a well-deserved retirement. The business operates 6 days per week and generates a turnover in the region of 330,000 per annum, with a good gross profit, as well as a Post Office salary of approximately 28,000.

As well as the usual postal service's the business is also a well-stocked convenience store and in addition also retails cards, stationary, tobacco and newspapers. Additionally, revenue is generated from Lottery sales. Our clients recently introduced alcohol sales into the business, which has proved popular and is growing day by day.

The Post Office boasts a large sales and display area and is soon to be upgraded to a Post Office Plus providing additional services. The business has recently been totally refurbished at considerable cost with all new fixtures and fittings and a new shop frontage with disabled access. The property is very well-maintained and well-appointed throughout, and further benefits from three bedroom owners' accommodation to the first floor.

The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours for the convenience store side of the business, perhaps by opening until later in the evening and all day Sunday. A new owner could also embark on a modest marketing campaign to highlight the goods offered.

This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

PREMISES
Detached double fronted property in a prime trading location, briefly comprising:

Main sales & display area with:

Tiled flooring.
Illuminated suspended ceiling.
Air conditioning.
Serve over counter with EPOS system, Lottery terminal, scratch card display and overhead tobacco gantry.
1 x position secure Post Office counter.
Beer & wine section with upright triple door chiller unit, wine display unit with five shelves and beer display.
Central display gondola.
Newspaper and magazine display area.
2 x double door upright frozen food display units.
Triple door dairy chiller unit.
2 x upright display chillers.
Upright triple door soft drink chiller.
Greeting card display.
New Slush Machine.

The property has recently been completely refurbished with all new fixtures and fittings and the latest HD security cameras fitted.

Rear kitchen area with:

Modern wall and base units.
Small breakfast bar.
4 x burner gas hob and oven.
Plumbing for washing machine & dryer.

Stockroom with access to rear of property.

First floor with:

Lounge.
Modern bathroom with shower.
2 x double bedrooms.
Single bedroom.

External with:

Disable access to front.
Side drive leading to rear of property with hard standing parking facilities for 4 to 5 vehicles.
Staff WC and washroom.
Garage.
Large 48ft storage shed.
Exceptionally large lawned garden.

TENURE
We are advised Freehold.

HOURS
The business is open:

Monday - Friday: 6.00am - 8.00pm
Saturday: 6.00am - 5.30pm
Sunday: 7.00am - 10.30am

STAFF
The business is owner run and managed with 3 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 330,000 per annum, with a good gross profit, as well as a Post Office salary of approximately 28,000.


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