Post Offices, Skelton-in-Cleveland, North Yorkshire
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
Commercial property for sale
Key features
- Post Office remuneration £4,500 per calendar month
- Large retail area with potential to convert into a convenience store
- Scope exists to expand into the former pharmacy dispensary and rear storerooms
- Self-contained one-bedroom flat
- Rare freehold opportunity with strong development and income potential
Description
An excellent opportunity to acquire a long-established Post Office business that has been successfully operated by our client since 1997 and is now offered for sale due to their planned retirement.
The substantial freehold property occupies a prominent corner position on the bustling High Street, at the heart of this popular North Yorkshire village. Benefiting from strong visibility and footfall, the premises provide significant potential for future growth and development.
The business currently trades over 5.5 days per week and generates annual Post Office remuneration of approximately £55,000. Until 2020, the premises also accommodated a pharmacy, which has since been sold separately. The retail offering now comprises healthcare and household products, together with a small range of cards and stationery.
A key feature of this opportunity is the extensive retail sales area, which would lend itself perfectly to conversion into a convenience store format. Furthermore, there is considerable scope to expand the retail footprint by incorporating the former pharmacy dispensary and rear storerooms, creating additional trading space and enhancing revenue potential.
The freehold premises briefly comprise a spacious, air-conditioned, double-fronted retail sales area featuring a two-position Post Office Combi Till counter. To the rear are three storerooms together with the former fortress-style Post Office counter.
The first floor provides three further storerooms, a kitchen and two WCs. In addition, the property includes a self-contained one-bedroom flat, which would benefit from some modernisation and offers excellent potential for owner-occupation or rental investment, providing a valuable additional income stream.
This is a rare opportunity to acquire a prominent freehold Post Office business with substantial development potential, residential accommodation and significant opportunities for future growth.
About Ernest Wilson & Co Limited, EW Leeds
The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LGNotes
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