PICTURESQUE VILLAGE POST OFFICE WITH COMMERCIAL AND RESIDENTIAL LETTINGS
Price:
Freehold - £250,000
Business Type:
Commercial Property, Retail businesses
PICTURESQUE VILLAGE POST OFFICE WITH COMMERCIAL AND RESIDENTIAL LETTINGS
Post office, commercial let unit and 7 residential self contained lets
Thriving business with 4 individual income streams
Income from lettings approximately £20,600
Early viewing essential to fully appreciate
Picturesque village of Galgate, Lancaster
Advised business turnover £6,000
Scope for further development
Superb high street location
Post Office salary £24,000
FREEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this superb Post Office with both commercial and residential lettings side to the business, the business has been established for over 40 years and in the careful hands of our client for the past 12 years. Our client is offering the business to the market due to his desire to take a well deserved retirement. Our client informs us of a Post Office salary of £24,000 with a further £6,000 generated from card and stationary sales in the shop, the business also generates a further £20,600 from the commercial and residential letting side of the business which are fully let and always in high demand. The business benefits from being recently HMO approved and is fully certificated for it's letting side to the business. The Post Office enjoys a superb main road location and is situated at the heart of a popular and picturesque village with the bustling towns of Lancaster and Preston only a short car journey away. The business also provides great scope for potential improvement as our client currently offers no technology based products such as the National Lottery or Pay As You Go Top Up facilities which are in high demand in the area. This is a superb opportunity to purchase a thriving and multi- faceted business and as such early viewing is highly recommended.
This superb Post Office with both commercial and residential lettings business is located on the main A6 that runs directly through the town centre of Galgate, Lancaster. It is surrounded by numerous commercial concerns and high density housing which ensure high footfall of traffic and is within 3 miles of Lancaster University making the town a popular residential area for students. Galgate is a popular and picturesque village in the city of Lancaster, once made famous for it's silk production the village is now affectionately know as the 'Rhubarb City ' for it's locally grown produce. Galgate is reached easily via the A6 linking the village with Lancaster and Preston and is only a short drive from the M6 providing access to the UK's wider motorway network.
Spacious corner terraced property with commercial retail letting and private rented accommodation briefly comprising:
Post Office - Open plan single counter Post Office with retail displays currently used for cards and stationary.
Rear counter staff room facility with toilet.
Retail Unit - Currently let as beauty therapy and nail bar. Beautifully presented with:
Spray tan room providing access to cellar.
Treatment room with shower room.
Staff kitchen with exit to rear yard.
Staff toilet.
Residential letting - Separate roadside entrance to first and second floor self contained residential room lets briefly comprising:
First Floor
Communal kitchen.
1 x single bedroom.
3 x double bedrooms.
Stairway access to second floor
Second floor
Communal kitchen
Communal lounge.
2 x communal bathrooms.
2 x double bedroom.
1 x family sized double bedroom.
Additional Floor
Cellar area under retail unit with great scope for development.
External Rear yard.
North Yorkshire
£ 750,000
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