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Post Offices, Wales

£650,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
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SECTOR

Commercial property for sale

Key features

  • Annual Post Office Remuneration £50,000
  • Picturesque, town centre trading site opposite a large car park
  • Benefits from loyal local customer base and year-round tourism
  • Substantial freehold property
  • Two first-floor flats returning a combined £700 per calendar month

Description

POST OFFICE AND GENERAL STORES in Powys for Sale.

An outstanding opportunity to acquire a long-established retail business and Post Office operation together with the freehold interest in a substantial mixed-use property occupying a prominent position in one of the UK's most desirable and internationally recognised market towns. The business provides an essential service to both local residents and the wider rural community. The Post Office is situated within the retail premises and offers a comprehensive range of postal, banking and government services, making it an important destination business within the town.

The town attracts significant visitor numbers throughout the year. Situated close to the border between England and Wales and on the edge of the spectacular Brecon Beacons National Park, the town enjoys a thriving tourism economy alongside a strong and loyal local customer base. The strategic position of the property provides excellent visibility and accessibility for residents, visitors and the surrounding farming community alike.

The business is operated from spacious ground floor retail premises which provide an attractive and versatile trading environment. The sales area accommodates a wide range of merchandise associated with a traditional country store and convenience retailer, catering for local households, gardeners, pet owners, smallholders and visitors to the area. The retail space is complemented by a two-position Post Office combi counter, enabling the efficient delivery of a broad range of Post Office services including personal and business banking, cash withdrawals and deposits, cheque deposits, Royal Mail and Parcelforce services, passport applications, vehicle tax transactions, identity verification services and foreign currency facilities.

Supporting the retail operation is a private office and a staff WC, whilst the overall layout offers ample space for product displays, customer circulation and ancillary space. The current arrangement provides a practical and well-established business layout that has successfully served the local community for many years.

In addition to the commercial accommodation, the property benefits from valuable residential income through two self-contained flats situated on the first floor. The first comprises a studio apartment with kitchen and combined bathroom facilities, whilst the second flat provides one bedroom accommodation together with a lounge, kitchen and combined bathroom. Both flats are currently occupied and produce a combined rental income of £700 per calendar month. In our opinion, the residential accommodation is presently under-rented when compared with prevailing market conditions, and there may be significant potential for an incoming purchaser to enhance this income stream through a review of the existing rental arrangements, subject to the relevant tenancy agreements and statutory requirements.

This unique offering combines a long-established retail business, an important community Post Office, freehold property ownership and residential investment income within one of the most sought-after market towns in the Welsh Borders. The availability of diversified income streams from retail trade, Post Office remuneration and residential lettings provides an attractive proposition for owner-operators, investors or those seeking a lifestyle business in a thriving and picturesque location.

The property and business represent a rare opportunity to acquire a cornerstone local enterprise, offering genuine scope for future development and income growth whilst benefiting from the enduring appeal of this famous market town.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

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That’s exactly what you’ll find at Ernest Wilson.

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Disclaimer - Property reference 591803. 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 Ernest Wilson & Co Limited, EW Leeds. 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.