Post Offices for sale in Leicester

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Post Offices

Leicester, Leicestershire, England

  • Freehold Price: £375,000
Seller Reference: 583647
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Business Description
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Seller Reference: 583647
Request Details
Business Description

An opportunity has arisen to acquire a sizeable freehold property with business and flat, in arguably the most affluent suburb of Leicester. Currently the Post Office is being run under management and the convenience store is being let on a verbal agreement with no formal secured tenancy agreement. The two-bedroomed flat above returns a rent of £600 per calendar month. The Post Office and convenience store have been separated, however this would be easy to meld into one should the new owner wish to incorporate the businesses. At the current time the Post Office is run under management but still overseen by the owner who is the Postmaster. The convenience store is let on a verbal tenancy at will agreement at an incoming rent of £1,300 per calendar month. Our client tells us that the convenience store has average sales of circa £6,000 to £7,000 per week and Annual Post Office Remuneration Circa £40,000. The sale is for genuine reasons as the owner has a substantial petrol station business in a different county and the commute between businesses is becoming too much for him. It is for this reason alone that the businesses and property now come to the open market. Rarely does commercial freehold property come available in this particularly sought after large village, about to become larger with substantial residential developments being constructed nearby. Work the businesses and live above, or continue to draw rents from the Post Office, Convenience Store / Off Licence and the private accommodation – the choices are abundant. The premises briefly comprise of:- A very sizeable convenience store with ample store rooms, office area and staff WC. CCTV throughout. Separate entry to a small Post Office with sales counter and office stationary and packaging products sales area. Above the commercial premises lies a good size private flat with its own private access from the street above and behind the shop premises. The flat has a main bedroom, two smaller bedrooms, a large living room, a kitchen and bathroom. EPC Band D.
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