Post Office for sale

New Elgin Post Office, 4 Main Street New Elgin, Elgin, Scotland, IV30 6BH

Under Offer £195,000

Property Description

Commercial information

  • Business for sale

Key features

  • PO income circa 49,000 pa (Mains Contract)
  • Spacious 4-bedroom cottage with rear garden
  • Business available seperately & relocation
  • Customer car park
  • Profitable retail income
  • Energy Rating G

Full description

Tenure: Freehold

Description

A thriving Post Office business with steady income of around £49,000 per annum under a 'Mains' contract. Retail sales focus on the high margin returns with a beautifully appointed modern premises.

The business is available as a standalone or with the 4-bedroom cottage alongside. With a spacious rear garden and double garage this is an excellent property for any family.

Location

The business is located in New Elgin, a southern suburb of the principal town of Elgin. Situated along the Main Road the subject property offers a prominent roadside location with excellent customer car parking facilities along its junction with North Street. The area is densely populated and continues to grow with a number of new housing developments nearby. Both primary and high schools are located nearby.

Elgin, the main commercial centre of Moray, and boasts a population of around 21,000. With excellent transport links via the A96 the town is approximately 36 miles east of Inverness and 64 miles north-west of Aberdeen.

Internal Details

A modern and bright trading area with extensive perimeter units displaying a healthy range of cards and stationery. Several of the units also offer low level storage compartments. The Post Office section is positioned to the left-hand side on entering, with dedicated queuing area to the front of the service counters. This includes two open and one fortress counter position, while an additional 'combi' position is available alongside the retail service counter.

External Details

There is a dedicated customer car park to the side of the property at the junction with North Street. This can accommodate approximately 6-8 cars.

Owner's Accommodation

This ground floor only property benefits from gas fired central heating and is double glazed throughout. The accommodation briefly comprises of the following:

Living room; Conservatory; Kitchen; Bathroom and 4 Double Bedrooms.

Externally, a driveway to the side of the property leads to the rear with space for several cars plus the benefit of a double garage. A good sized family rear garden and patio area is overlooked from the conservatory with access thereafter to the main house.

The Opportunity

The PO income has continued to remain steady with a figure around £49,000 being generated annually. Retail income is derived from mainly quality stationery and cards product lines with a fantastic selection available in store.

The business is an ideal opportunity for a couple who can run the business together, or for a one person to run with staff help and look on this as a the family's secondary income. As a business opportunity it offers the benefit of sociable working hours over a 6 day week.

Our client's preference is to sell both the business and bungalow, however, an option to acquire just the business and commercial property (with car park) is available at £65,000 plus stock. A third option of selling the Post Office income for relocation to other suitable premises will be considered, although this is strictly on an offers invited basis.

Trading Information

Post Office income is circa £49,000 per annum with retail sales approximately £18,000 per annum. Full trading, profit and loss accounts will be made available to seriously interested parties post viewing stage.

Trading Hours

Monday: 8.30 to 7.30pm
Tuesday & Thursday: 8.30pm to 5.30pm
Wednesday/Friday/Sat: 9am to 5.30pm
Sunday: Closed

Regulatory

Post Office: The transfer of the this Post Office is subject to the approval of the Network. Further information is of course available on request.


More information from this agent

Nearest station

  • Elgin (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Edinburgh

18 George Street, Edinburgh, EH2 2QU

0131 291 0102 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Christie & Co , Edinburgh

18 George Street, Edinburgh, EH2 2QU

0131 291 0102 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Elgin (0.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Edinburgh

18 George Street, Edinburgh, EH2 2QU

0131 291 0102 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 5218544-fh. 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 , Edinburgh. 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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.