Post Office in North Yorkshire Dales

Settle, North Yorkshire
REF: 04418FH

Asking Price:
£69,000
Annual Turnover:
£93,940
Annual Net Profit:
£51,026
REF: 04418FH

Overview

Tenure:
Leasehold
Established:
TBC
  • Full range of Post Office services
  • Excellent turnover and Post Office salary
  • High footfall location
  • Large customer base
  • Huge potential for growth

A superb opportunity has arisen for a new buyer to take ownership of a well-established and profitable Post Office based in the beautiful North Yorkshire Dales market town of Settle.

In current ownership since 1989, the business is located at the very heart of the community, providing a full range of Post Office services with no direct competition for some distance.

With a high annual turnover, including an excellent Post Office salary and retail sales, this is an ideal opportunity for an individual or family to acquire a profitable business in a stunning Dales setting.

The business trades as a well-established and profitable Post Office located in the stunning North Yorkshire Dales market town of Settle.

Established for over 150 years, the current owners have traded since 1989 and have built an excellent reputation for providing a full range of Post Office services to a large and wide spread community (the only Post Office for some distance). The business provides services such as banking, bureau de change, passport checking, driving license services, financial services and parcels/letters, along with retailing a small range of stationary, cards and services, such as photocopying and passport photos.

The business is easily recognisable due to its main street position and branded signage. The interior is bright and well-lit with a welcoming ambiance with a large counter to facilitate Post Office services and an area to the rear which is currently used for arts and crafts.

The business provides a full range of Post Office services and trades from the heart of the community and offers outreach services to five nearby villages, ensuring the business is a thriving and essential part of the local area.

The current owners have traded since 1989, with the business demonstrating year on year growth which now includes an £89,000 per annum Post Office salary, along with a strong turnover from incidental retail items such as stationary, crafts and cards.

An enthusiastic new owner may look to increase the overall profitability of the business by converting the area currently used for arts and crafts into a general store, off license, small café or newsagents - providing multiple options to significantly increase the current turnover. The business currently offers outreach services to five local villages, this network could be expanded further offering further opportunity for growth.

Intelligent Business Transfer have been requested to find a suitable buyer.

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  • Located in a picturesque village, Settle
  • Situated in the heart of the busy community
  • High footfall
  • No competition
  • Near a large car park
Rent
£10,200
Rates
£0
Lease Term
TBC
Lease Expiry
TBC
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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