2 Additional Income Streams £17,700pa
Rare 4 Bed Accommodation & Holiday Cottage
Huge Scope And Potential For New Owners
Established 100 Years+
EPC Rating - E
Blacks Brokers are delighted to offer for sale this very busy, well supported business which is currently a Post Office and shop. Established in the 1950's this business is a credit to the owners who are now looking to retire.
With an enviable trading position this business predicts an annual Post Office Salary of £24,000 and healthy shop sales, which are derived from the sale of stationery, greeting cards and gifts, dry cleaning, events/day tickets etc There is no doubt that in the hands of enthusiastic new owners this business has plenty of untapped potential.
This unique opportunity is further enhanced by the impressive four bedroom owner's accommodation and there is also a further separate two bedroom holiday cottage which are both being currently let bringing in a combined rent of £13,200 with an additional income from advertising of £4500! The business enjoys a good mix of local and holiday trade, due in part to the range of products stocked in the shop and its excellent local reputation. We feel this opportunity represents an excellent base for a new owner to build upon and urge early viewing of this Post Office set in a charming location.
Looe Sub Post Office is situated on Fore Street, a narrow busy shopping street, surrounded by a wealth of complementary shops and businesses in this highly sought after Cornish town. The business has it's own car park to the rear of the property. The numerous amenities of East & West Looe include a wide range of shops, banks, award winning restaurants and a flourishing commercial centre, allied to the fishing industry for which Looe is renowned. The town lies only about 20 miles into South East Cornwall and is readily accessed by the Tamar Bridge and the A38 which connects to the M5 motorway. A branch railway line with station connects the town with the Penzance to Paddington line at Liskeard. The coastline in this region is beautiful and easily accessible.
Well fitted retail sales area and 3 position Post Office counter
Office, Store Room, Laundry room, Staff kitchen & WC ,2nd Office,
Dining Room and WC.
Three storey property with 4 bedroom accommodation with private entrance plus separate holiday let. Briefly comprising:
FIRST FLOOR - Large Bathroom, Double bedroom with sink unit
Double bedroom with cast iron fireplace
Double bedroom with cast iron fireplace.
SECOND FLOOR - Double bedroom with roof storage, large bathroom with bath and separate shower cubicle.
EXTERNAL - Courtyard with ample parking.
HOLIDAY LET - Lounge, Kitchen,WC, Double bedroom with en-suite, Double bedroom.
Location Details: Looe
Leasehold Term: Rent: £462 Per Week
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