Summary - 11, Brus Corner TS24 9LA
1 bed 1 bath Convenience Store
Established corner convenience with low rent and strong post office income.
Post Office commission c. £50,000 pa
A rare small-parade Post Office and convenience store offered leasehold for £75,000, anchored by a mains Post Office appointment with annual commission of circa £50,000. The ground-floor lock-up extends to about 948 sqft, is well fitted with display slat walling, a screened Post Office counter, open retail counter and central gondola. The unit benefits from low annual rent (£3,500 + VAT currently holding over) and off-street parking, making initial running costs comparatively modest.
This is a straightforward income-led acquisition for an owner-operator or investor seeking an established community business in a busy residential parade. Trading is steady with weekday and Saturday hours, and there is potential to grow non-posting retail sales and local banking transaction volumes. Fixtures and fittings are included in the sale, reducing immediate capital expenditure.
Buyers should note practical and regulatory constraints: transfer of the Post Office appointment is at the sole discretion of the Post Office Network, so completion requires their approval. The location is in a very deprived area with very high recorded crime levels and a local demographic profile of young, hard-pressed families; these factors can affect staffing, footfall patterns and insurance costs. The lease is holding over rather than a newly granted long lease, so incoming purchasers should confirm lease renewal terms with certainty.
Suitable for a hands-on operator or investor prepared to manage local trading risks, this property presents clear immediate income with scope to improve retail margins and community services. Energy rating C, mains gas heating and double glazing are positives, and there is no flooding risk recorded.
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