Retail premises for sale in Hinckley, Leicestershire LE10

£99,995
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Thriving and highly lucrative post office
  • Post office income £60,000 per annum, weekly takings £250-£300, genuine growth potential
  • Prominent trading position, sought after and densely populated residential area
  • Refitted to high standard, self-contained 3 bed accomodation

Property description

Reference - 46116

Description
This is a rare opportunity to purchase a highly lucrative and heavily relied upon Post Office, which is located in the charming town of Hinckley in Leicestershire.

The business is situated on a busy main road within a densely populated residential area with ample customer car parking, ensuring high levels of regular local and passing trade throughout the day.

Having been in present ownership since 2014, the business has establsihed strong relationships with the local community and boasts an extensive and loyal customer base.

The business operates from a highly visible single fronted shop premises, offering spacious ground floor retail space, which is fitted to a high standard.

The business retails a range of stock lines, such as greetings cards, stationery and soft drinks.

This thriving and extremely lucrative business offers genuine scope for future growth and therefore represents an ideal purchase for an ambitious owner who can exploit the potential for growth and development, which will naturally increase the sales whilst ultimately enhancing overall profitability.

To fully appreciate this excellent business opportunity, a viewing is recommended.

Sales
Shop Sales
£250-300 per week approximately.

Post Office
Annual income approximates to £60,000.

Accounts
The three bedrooms are all located on the first floor of the property. There are two double and one single bedroom, plus a family bathroom. The ground floor of the property has a lounge/dining area, kitchen with breakfast bar, utility and w/c and access to the rear of the property to an enclosed rear block paved area with a garage and space for 4 cars.

Trading Hours
Monday – Friday 09:00 – 17:30
Saturday 09:00 – 14:30
Sunday Closed

Staff
The business is managed by the owners with a mixture of full and part time members of staff.

Building External
The business operates from a highly visible, single fronted, detached two storey premises, which provides an excellent blend of ground floor retail space and self-contained first floor living accommodation.

Building Internal
The spacious sales area is bright and airy, creating a welcoming environment with a fortress and two open counter positions. The sales area is fitted to a high standard with a range of good quality fixtures and fittings. To the rear of the property there is a stockroom and staff toilet.

Residential Accomodation
The three bedrooms are all located on the first floor of the property. There are two double and one single bedroom, plus a family bathroom. The ground floor of the property has a lounge/dining area, kitchen with breakfast bar, utility and w/c and access to the rear of the property to an enclosed rear block paved area with a garage and space for 4 cars.

Tenure
We are advised that the property is held on a 15 year lease, which commenced in 2013. The annual rent is £18,000 exclusive (correct as advised on 14/01/19). Rent reviews are at 3 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is an excellent opportunity to purchase a successful and highly lucrative business with a bright future. To avoid disappointment, a viewing is highly recommended.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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