Post Offices for sale in Blackpool

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Ian McGregor (Nov 2013)
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Freehold Price: £285,000 Price Reduced Leasehold Price: £95,000 Price Reduced Turnover: £56,000 Gross Profit: £10,500
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Business Description
Daggers Hall Lane Post Office has a Post office salary £75,671

Hilton Smythe are proud to introduce to the market Daggers Hall Lane Post Office. The store was established in 1962, and has been run by our clients since 2005.

Our clients are reluctantly selling the business due to a well-deserved retirement. The husband and wife team run the business with two other members of staff. We advise this business as a partnership.

This mains post office includes a retail outlet selling tobacco, greetings cards, confectionary, stationary, handbags and children’s books and toys.

The post office salary of circa £75,671 includes Lottery, Car taxation, ATM, and paystations electric and gas top-ups.

We are advised the turnover for the business is around £56,000. We advise that this could be increased by looking into boosting the retail turnover, the purchaser could do this by introducing groceries and alcohol, and also open on Sundays.

One of the main selling points of this business is the space they have to increase the shop floor or even using this room for a second business.

This business also comes with a large 3 bed flat above.

We are advised that there is a leasehold option available for £95,000 + SAV, with a rent of £14,400 per annum, which does not include the living accommodation.

Daggers Hall Lane Post Office, is ideally located in a densely populated area of Blackpool. This business is placed on the corner of Vicarage Lane within a large local community.

There are other business around the area, however there is mostly houses. The location of this shop isn’t too far from the hustle and bustle of the main strip, but the location still gets the passing trade from the high numbers of tourists. There is an Enterprise Rent a Car, ASDA Supermarket, B&M Bargains and there is also a number of industrial units within walking distance.  

All major bus routes run through close by to the store, to and from Blackpool.

This large multi fronted post office, is well layed out. With 4 post office horizon counter desks, this helps with the flow of many customers, there is also a fortress bureau de change.

Through the back is a kitchen and a small toilet. With a door leading through to a small yard.

There is currently a large room used for storage, with the potential to increase the post office space drastically, or even use this space for a second business.

This large converted post office also comes with the 3 spacious bedroom flat above. All of the bedrooms are large doubles. There is a large lounge with a kitchen and bathroom.  All of the rooms are done to an excellent standard.

This property has a burglar alarm and CCTV for security reasons.

There is a leasehold option available for £95,000 + SAV, with a rent of £14,400 per annum, which does not include the living accommodation.

Business opening times

Monday: 9am-5.30pm

Tuesday-Wednesday: 8.30am-5.30pm

Thursday-Saturday: 9am-5.30

Sunday: Closed

The store currently has our clients running the store with the help of two other members of staff.

We are advised the turnover for the business is around £56,000

With a gross profit of 18.8%

Post office salary £75,671

Flat rental income £6,500 per annum

Tenure: Freehold, Leasehold

Listed by: Hilton Smythe
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