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Busy Village Trading Location
Accounts Available 31/03/2019
Annual Turnover £307,851
Gross Profit £57,847
Accounts Available Upon Viewing
3 Bedroom Accommodation
Post Office Salary £18,000 Per Annum
Rental Income £6000 Per Annum
New Lease Negotiable
Central Position Within Affluent Village
Scope For Expansion
Development Potential For Flats
No Local Competition
Genuine Reason For Sale
EPC - D
REF 6562 – Leasehold Post Office & Convenience Store
Blacks Brokers are pleased to bring to the market this leasehold Post Office & convenience store located in an affluent and much sought-after area of Scholes, Holmfirth.
Scholes Post Office has been trading on St George's Road for a number of decades with our client in ownership since 2014. The business is nestled within a rural village close to Huddersfield. The village provides a large base of local customers and with such an impressive trading history in place, the business has an enviable reputation. In addition to the Post Office services and products, the business has been expanded to include a range of convenience products including drinks, snacks and hot food.
Scholes is around five miles from Huddersfield and this popular area is on the outskirts of Holmfirth. The shop has stunning views to the rear where it is surrounded by fields and woodland. The village is densely populated and has a thriving community feel with this Post Office are at its centre alongside the local pub and fish and chip shop. There is no local competition, yet the village is expanding rapidly due to the construction of a large site of new builds.
REASON FOR SALE
The business would be ideally suited to a hands-on owner-operator and is only available due to the demands of our client's family commitments being higher than anticipated. Therefore, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is a rolling lease which can be renewed with this business sale. The current lease runs at a cost of £288 per week.
The business is currently operating with six members of part time staff supporting our client overseeing the management of the Post Office and shop. These reliable, experienced and dependable staff could offer a smooth transition for customers and the new owner - giving extra reassurance that the momentum of success can be continued under new ownership.
Scholes Post Office has traded solidly since opening. We are advised that the business currently has annual turnover of £364,000. Full financial details are available upon viewing.
Purchasers should enquire with relevant local authorities to confirm the rates payable.
This leasehold business is long established and very well known with a captive base of local customers. This customer base is continually growing with the development and popularity of this affluent area. There is plenty of scope to develop the business further with a refurbishment – some of this could be funded by the Post Office and could provide opportunity to enhance the retail area and expand the product lines. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Mon - 7.30am - 7pm
Tue - 7.30am - 7pm
Wed - 7.30am - 7pm
Thu - 7.30am - 7pm
Fri - 7.30am - 7pm
Sat - 8am - 7pm
Sun - 8.30am - 12.30pm
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