Substantial Post Office & Bistro Restaurant in West Yorkshire For Sale

Situated in a parade, excellent main road trading position, residential, office and commercial area, WEST YORKSHIRE.

Post Office £ 150,000
Price £220,000

Features

Impressive Post office Plus 120 Seater Café / Bistro (not Utilised Restaurant Now Closed)

FORECOURT WITH PROTENTIAL FOR SEATING

4 STAR HYGIENE RATING

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 8,500 ft² with ELECTRIC DOOR. Tiled floor, ceiling with LED lights. 6 Post Office Counters (4 with with anti-bandit screens). CCTV system (16 cameras, 1 monitor), etc

Office

CAFÉ/Bistro fitted out to a high standard. Sales counter, EPOS till. Tables and chairs providing seating for 120 persons.

REAR KITCHEN with stainless steel extractor unit, electric cooker, etc

Stockroom

Toilet with w.c. and wash hand basin

Staff toilet with w.c. and wash hand basin

Basement in the region of 3,600 ft² with rear access with fridges & freezers…

Turnover

POST OFFICE income in the region of £150,000 p.a. approx. Clearly you can continue to rent out the café/bistro section or take over the day to day running.

Staff

The POST OFFICE is at present operated by 3 full time plus 2 part time staff.

Trading Hours

6 Day week
MONDAY - FRIDAY 9 a.m - 5.30 p.m
SATURDAY 9 a.m - 3 p.m

Outside

Rear yard & basement
Parking space for 3 cars

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years from 20th March, 2019 with reviews every 5 years (next review 2024) at a current rent of £55,000 p.a. plus VAT (As will be appreciated with the current rent of £30,000 p.a. from the Café/Bistro, the net rent payable at the present time is only £25,000 p.a).

Business Rates from April 2023 £24,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2019 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £220,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 110,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote