Freehold Property with Post Office and various Rental Income Streams

  • Price: £495,000
Taunton, Somerset, England
Seller Ref:4189J F
For Sale

Freehold Property with Post Office and various Rental Income Streams

Taunton, Somerset, England
Seller Ref:4189J F
  • Price: £495,000

Overview

Seller Ref: 4189J F

Description

SUBSTANTIAL FREEHOLD PROPERTY WITH VARIOUS RENTAL INCOME STREAMS.
MAIN POST OFFICE WITH HIGH PROFIT RETAIL TRADE.
PRIME POSITION IN THE HEART OF LARGE SOMERSET VILLAGE.
POST OFFICE INCOME CIRCA £40,000 A YEAR.
RETAIL TRADE £57,799 LAST YEAR PLUS PHOTO BOOTH INCOME.
WELL FITTED TRADING AREAS WITH SHOP APPROXIMATELY 700 SQ FT.
TWO SELF CONTAINED FLATS, BOTH LET.
FURTHER RETAIL SPACE AND REAR ROOM ALSO LET.
ALSO AVAILABLE LEASE LOCK-UP PRICE £40,000

Somerset – Substantial freehold property with various rental income streams as well as Main Post Office business in heart of large village between the Quantock Hills and Exmoor National Park. Superb opportunity to purchase a thriving business from retiring owners. Main Post Office Income circa £60,000 a year plus high profit retail trade £68,000 last year. Very well fitted trading areas with shop circa 700 sq ft benefitting from refit in 2016. Full range of Post Office Services including driving licence applications, passports, SIA, foreign currency. Open plan and fortress Post Office counters, store/office to rear, staff kitchen area, staff toilet. Two self contained flats both let on assured shorthold tenancies, further retail unit (let), rear room also let to local business and converted garages let with total combined current rental income £19,500 per annum. Freehold Price £495,000 plus stock. Also available as a Lease Lock-Up at Price £40,000 with new 10 year lease to be granted on completion.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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