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Post Office for sale

Allerton Bywater Post OfficeHighfield Drive,Allerton Bywater,WF10

20 sq. m.

Property Description

Commercial information

  • Business for sale
  • 215 sq ft (20 sq m)

Key features

  • REF: 1144F

Full description

Tenure: Leasehold

Hilton Smythe are delighted to offer to the market Allerton Bywater Post Office, a long established concern which has been under the careful control of our client for the past twelve years. The business is offered for sale as our client wishes to relocate to be nearer to family.

As well as serving the local community with all the expected Post Office services, Allerton Bywater Post Office offers its clientele a wide range of convenience items including food, alcohol, confectionary and cards.

The Post office salary is in the region of 17,526 before tax.

Currently, the business is ran at a pace to suit our client and operated on limited opening hours. We are advised that there is huge scope for development of the shop sales and so the introduction of longer hours, particularly in the evening and at weekend would inevitably see substantially increased turnover and profits.

A quick sale would be preferred by our client and we are advised that all sensible offers will be considered. As such, early viewing must come highly recommended.

Allerton Bywater Post Office is ideally situated on a small retail parade in the centre of a densely populated residential estate in the West Yorkshire village of Allerton Bywater. Naturally, the business benefits from high levels of footfall. Allerton Bywater, a semi rural village and civil parish is located in the metropolitan borough of Leeds. Nearby towns include Castleford and Garforth.

Transport links are excellent with the M62 and M1 motorways being close by, connecting Allerton Bywater to the Uk's motorway network.

The ground floor lock-up premises briefly comprise:

Spacious retail area with two person Post Office counter, adjustable perimeter shelving, glass confectionary display unit, two upright glass fronted display chillers, small chest freezer and W/C.

Advised leasehold. With 3 years remaining of a 10 year council lease. Rent is reasonable and currently stands at 5,200 per annum.
The business currently opens 4 days per week as follows:

Monday, Wednesday, Thursday & Friday 9am - 5.30pm
Tuesday & Saturday 9am - 1pm
Sunday closed.

The business is currently owner ran and managed.
The business generates a turnover of approximately 60,000 as per 2015 accounts.

The Post office salary is 17,526 before tax.

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