Summary - 53, THE AVENUE SR7 8NS
1 bed 1 bath Post Office
Turnkey community business with owner accommodation and growth potential.
c. £43,000 annual Post Office commission
A mid-terraced freehold Post Office with three-bedroom accommodation, recently refitted and trading from a dense residential catchment. The business produces c. £43,000 p.a. in Post Office commission and benefits from increased footfall after nearby bank closures and local commercial banking taking place through the store. Internal display fixtures, slat walling, one screened Post Office counter and an open counter are included in the sale.
The ground-floor accommodation provides a lounge, modern kitchen and access to an enclosed rear garden and shed; upstairs there are two double bedrooms and a smaller double with a four-piece bathroom. On-street parking serves customers and residents. The property is freehold and suits a first-time buyer or someone seeking a lifestyle change from employment into a community-facing business.
Buyers should note the Post Office appointment transfer is at the sole discretion of the Post Office Network. The energy rating is E and the area is described as very deprived with average local crime levels; the building dates from the early 20th century and walls are assumed to be cavity without added insulation. There is clear scope to grow revenues by extending trading hours or increasing retail area subject to planning permission, and the business could suit owner-operators looking to build income and local customer loyalty.
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