Post Offices for sale in Burnley

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S Martin (Feb 2013)
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Freehold Price: £249,995 Price Reduced Sale Agreed
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Business Description
Freehold sale, 3 bed accom+1 bed Bungalow+Land+business
P.O Salary £50,000 + W/T £450 cards and gifts.
Superbly Presented Living Area
Rental Income of £7,200 PA from Bungalow rental.
Huge Scope for development
EPC Rating – C

This very impressive Post Office is situated on the outskirts of Burnley, a market town in Lancashire, with a population of around 73,500. It is 24 miles (39 km) north of Manchester and 20 miles (32 km) east of Preston and lies at the confluence of the River Calder and River Brun. At its peak, Burnley was one of the world's largest producers of cotton cloth and a major centre of engineering. Burnley now has a post-industrial economy and landscape and is increasingly a commuter town for Manchester and Leeds.

One of the many residential roads situated around Burnley’s outskirts is Brownside Road, on which Pikehill Post Office is situated. The area consists of predominantly privately owned residential housing, giving the area a pleasant suburban feel.

There are a few things that make this Post Office notable, one of which is the impressive salary of £52,000, the other is the standard of the accommodation, the presentation of which is of the highest order.

The 2 position P.O. counter is operated by the owners and 2 part time members of staff. Supporting the Post Office counter is a retail sales area, this is primarily for the sale of greeting cards and stationary, so while sales are relatively low at around £450 pw, the gross profits are an impressive 34%.

The strong business is only part of the attraction for what will be undoubtedly numerous potential new owners, the other part is the very impressive accommodation. This is very attractively decorated in a contemporary style and colours with the kitchen and bathroom worthy of special note.

Furthermore, attached to the property is a self contained one bedroom annex, this has the potential to be either a granny flat, incorporated into the accommodation or indeed, as is the present situation, let out for valuable rental income. Currently the annex draws a rent of £7,200 pa.

Taken as a whole, this is a tremendous proposition for new owners, there is a very healthy P.O. salary allied to a potential to develop retail sales all in conjunction with a very well presented 3 bedroom family home.

The Retail Area of the Shop is Split Into 2 Distinct Areas, Being the P.O. Counter and the Cards and Stationary Area with its Own Single Point Sales Counter. Wall Mounted Gondola Shelving Displays the Cards with a Central Isle for Stationary.
Trading Hours:
09:00 to 17:30 mon to Fri 09:00 to 12:00 sat

Tenure: Freehold

Accommodation Details:
The Accomodation Consists of 3 Bedrooms, 2 of Which Are Doubles and One of Which is a Single. There is a Superbly Presented Family Bathroom. A Well Equipped and Aesthetic Kitchen Leads to a Pleasant Spacious Lounge and Dining Area. Presentation Throughout is of the Highest Order. Additionally, there is a one bedroom self contained annex, this has not been inspected be we are advised this consists of one double bedroom, kitchen, bathroom and living room.

Location Details: Burnley

Downloadable Documents

Listed by: Blacks Business Brokers Limited
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