Investment Properties for sale in Holmfirth

View the "Brilliant Investment Opportunity In Holmfirth" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Brilliant Investment Opportunity In Holmfirth

Holmfirth, West Yorkshire, England

  • Freehold Price: £330,000
  • Leasehold Price: £69,000
  • Sale Agreed
  • Annual Turnover: £307,851
  • Annual Gross Profit: £57,847
Seller Reference: 6562
Request DetailsEmail email
Business Description
 
 
 
 
 
Image 1 of 5 video_library
Seller Reference: 6562
Request Details
Business Description
Busy Village Trading Location
Excellent Investment/Development Opportunity
Provisional Planning Permission In Place
Expected To Be Granted By April 2020
Annual Turnover £307,851 YE 31/03/2019
Gross Profit £57,847 YE 31/03/2019
Post Office & Shop To Be Kept In Place
Addition of 2x Two Bedroom & 3x One Bedrooms Flats
Post Office Salary £18,000 Per Annum
Rental Income £6000 Per Annum
Central Position Within Affluent Village
No Local Competition
EPC - D
REF 6562 – Leasehold Post Office & Convenience Store

Attention Investors, property developers and builders.
Scholes Post Office is being offered for sale as a great development opportunity. Plans are waiting approval from the local authority to covert this building into 5 flats whilst retaining a small shop and Post Office to the front of the property. The old Cooperative building has 4 floors available for development with stunning views at the back. The Post Office is in a central village location where there is good demand for small rental and first time buyers in the village. Once completed this property offers the possibility of a good rental income or profit from individual sales. The business is located in an affluent and much sought-after area of Scholes, Holmfirth.

INTRODUCTION

Scholes Post Office has been trading on St George's Road for a number of decades with our client in ownership since 2014. The business is nestled within a rural village close to Huddersfield. The village provides a large base of local customers and with such an impressive trading history in place, the business has an enviable reputation. In addition to the Post Office services and products, the business has been expanded to include a range of convenience products including drinks, snacks and hot food. The vendor has applied for the relevant planning permission and is hoping to have this granted by April 2020. The planning will grant them permission change the current 3 bedroom flat into 2x two bedroom flats and 3x one bedroom flats whilst keeping the Post Office and Shop in place.

LOCATION

Scholes is around five miles from Huddersfield and this popular area is on the outskirts of Holmfirth. The shop has stunning views to the rear where it is surrounded by fields and woodland. The village is densely populated and has a thriving community feel with this Post Office are at its centre alongside the local pub and fish and chip shop. There is no local competition, yet the village is expanding rapidly due to the construction of a large site of new builds.

REASON FOR SALE

The business would be ideally suited to a hands-on owner-operator and is only available due to the demands of our client's family commitments being higher than anticipated. Therefore, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE

The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is a rolling lease which can be renewed with this business sale. The current lease runs at a cost of £288 per week.

STAFF

The business is currently operating with six members of part time staff supporting our client overseeing the management of the Post Office and shop. These reliable, experienced and dependable staff could offer a smooth transition for customers and the new owner - giving extra reassurance that the momentum of success can be continued under new ownership.

FINANCIAL DETAILS

Scholes Post Office has traded solidly since opening. We are advised that the business currently has annual turnover of £364,000. Full financial details are available upon viewing.

BUSINESS RATES

Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY

This freehold property provides an excellent investment opportunity for someone looking to build on the planning already put in place by the current vendors. The business is long established and very well known with a captive base of local customers. This customer base is continually growing with the development and popularity of this affluent area. There is plenty of scope to develop the business, as well as the accommodation, further with a refurbishment – some of this could be funded by the Post Office and could provide opportunity to enhance the retail area and expand the product lines. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.
Trading hours:
Mon - 7.30am - 7pm
Tue - 7.30am - 7pm
Wed - 7.30am - 7pm
Thu - 7.30am - 7pm
Fri - 7.30am - 7pm
Sat - 8am - 7pm
Sun - 8.30am - 12.30pm
Tenure:
Leasehold, Freehold
Is accommodation included?:
Scholes Post Office occupies the ground floor of a spacious end terraced property within a parade of stone built houses and the village pub. The business is branded with the usual Post Office signage displayed above the large and almost fully glazed frontage. Inside, the shop floor is well presented and fitted with a combination of wall shelving, central gondolas and display fridges and freezers as required. To the rear is a smaller room which contains the Post Office along with stationery and cards. This room has two windows with beautiful views. Off the shop is a small kitchen area where hot food is made for customers. At the back of the property there is a large, free car park.

Scholes Post Office occupies the ground floor of a spacious end terraced property within a parade of stone built houses and the village pub. The business is branded with the usual Post Office signage displayed above the large and almost fully glazed frontage. Inside, the shop floor is well presented and fitted with a combination of wall shelving, central gondolas and display fridges and freezers as required. To the rear is a smaller room which contains the Post Office along with stationery and cards. This room has two windows with beautiful views. Off the shop is a small kitchen area where hot food is made for customers. At the back of the property there is a large, free car park.

Location Details:
Holmfirth
Leasehold Term:
£288 Per Week
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image