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Busy Post Office in Affluent Aberdeenshire Town (ref. 483)

Price:
Leasehold - £95,000
Seller Ref:
483
Location:

Scotland, Inverurie

Business Type:

Retail businesses

See Other:
Post offices for sale in Scotland
Stationers for sale in Scotland
Retail businesses for sale in Scotland
Description:
THE BUSINESS:
** Price Reduced **

A great opportunity to purchase a very busy Post Office in this desirable town with Post Office salary in excess of £93,000.

Inverurie is situated around 16 miles north-west of Aberdeen and is an affluent market town and Royal Burgh. The Post Office is situated in the heart of the town and was originally a main Post Office which was downgraded to a sub-Post Office many years ago.

The Post Office income last year was in excess of £93,000 with additional income from the sale of greeting cards, stationery etc in excess of £27,000 per annum. There is still potential to increase the retail sales which would further enhance the already excellent profits the business makes.
Location Details:
The Royal Burgh of Inverurie is situated approx. 16 miles north-west of Aberdeen on the A96 Aberdeen to Inverness road. The town has a population of around 11,000 people working with local firms as well as commuting to nearby Aberdeen, either by road or rail. There are numerous modern housing estates that have recently been constructed showing the desirability of Inverurie as a place to stay. For locals there is both primary and secondary schooling and excellent recreational facilities including an 18-hole golf course, swimming pool, sports centre etc. The town centre offers a good selection of retail outlets, many of which are privately owned rather than large retail chains giving the town a friendly atmosphere of a bygone era.
Lease Terms:
Inverurie Post Office will be offered on a new 10-year lease with an initial rent of £17,000 per annum for 2 years rising to £18,000 per annum for a further three years. There is also an option on behalf of the tenants to terminate the lease after 5 years. Further information on the lease will be made available to any interested parties after formal viewing.
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