Post Office in West Yorkshire

Bradford, West Yorkshire
REF: 02026

Asking Price:
£234,950
Annual Turnover:
£55,000
Annual Net Profit:
TBC
Recently Sold
REF: 02026
Photo of Post Office in West Yorkshire

Overview

Tenure:
Freehold
Established:
1995
  • Well fitted unit
  • Three bedroom flat above
  • Superb reputation
  • Viewing essential

This is a profitable and well established Post Office that is currently run by family owner operation over two kiosks.

The business is very well known in West Yorkshire and is bursting with potential due to the large amount of space to the front of the service counter.


The business holds a demanding grasp on the local market and is relied upon by a large number of people over a 10 mile radius due to the closure of two smaller local Post Offices.


The business offers an extensive range of services and is compensated by a rewarding salary.

There is an abundance of space and potential within the ground floor lock up unit that the business currently trades from. The unit has been purposefully created by the current owner who has invested significantly since purchasing the property.

The business is split into a Post Office section that has two kiosks that sit in front of a large processing space. The unit is entered through a single doorway that aids with disabled access and leads straight into a deceptively large retail space that is currently a cards and gift store. The serving counter is secure to the rear of the ground floor building and has three available kiosks – the current owners currently use two of these.

Directly above the post office there is a self-contained three bedroom apartment that has separate access to the rear of the property. This is currently undergoing renovation and can be let at £550pcm on the open market if desired by any purchaser.

Intelligent Business Transfer are excited to offer to the market this exciting opportunity to purchase a profitable business that has successfully filled a gap in the local market within Wyke, a town close to Bradford city. The Post Office holds a vastly envied position and is one of the longest established businesses on the parade.

The business has been trading comfortably in its current state, within the same unit and in the same family ownership for over a decade. Over the past years the business and accommodating property have received strong investments and is well regarded by the Post Office itself, who hold the business as a main branch in the area. The business is unlimited within the services it provides and has an extensive Currency Exchange and DVLA services.

There is a huge amount of space within the shop that is currently trading at a level of comfort for the current owner operator and Post Master.

The business could be excellently ran as an owner operated business where fair overheads can fuel strong profit margins. The current owner is also the freehold owner of the building and is prepared to offer a fair rent to any successful purchaser with the option of a freehold sale being preferred.

Location

Property

Rates
£3,000
Accommodation Included
TBC
Freehold Property Value
TBC
EPC Rating
C 51-75

Financial & More

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

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