Retail premises for sale in Hereford, Herefordshire HR2

£99,950
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Post Office and Convenience Store.
  • Prime location, high levels of passing and local traffic
  • Currently limited trading hours, great opportunity for growth
  • 4/5 bed private accommodation

Property description

Reference - 48059

Description
The business is located in St Weonards, Herefordshire. Its location enjoys stunning views of the surrounding country side.

The business offers its customers the normal Post Office services, as well as a wide range of convenience lines including a range of newspapers and magazines (counter news only), confectionery, tobacco, frozen, chilled, off licence, green grocery, stationery, greetings cards. The Post Office income is £14,400 pa with a shop T/O of £5,500 pw with a gp of 25%. The business has potential to be developed with an increase in trading hours.

The private accommodation is located above the business with 4/5 bedrooms and is well presented and maintained throughout. A great opportunity with the potential for growth, this is an opportunity not to be missed.

Sales
Currently shop sales average £5,500pw approximately.

Post Office Salary
Annual po income approximates to £14,400

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday, Tuesday, Thursday, Friday 08:00 – 18:00
Wednesday, Saturday 08:00 – 13:00
Sunday Closed

Staff
Managed by the owner with full/part time staff.

Building External
A well-presented detached grade 2 listed three storey property with a large garage.

Building Internal
The great sized retail area is complete with the shelving and racking for the current lines available. To the rear is storage, basement storage, W/C and office space (not currently in use).

Residential Accommodation
The residential accommodation located over the ground, first and second floors.
The ground floor has a kitchen diner with access to the retail area. The first floor has a large bath and shower room, 2 double bedrooms and lounge diner with views of the surrounding country side.

The second floor has two additional double bedrooms plus and additional space that could be the fifth bedroom or a large office/study area.

Tenure
The vendors have been in communication with the landlords who have advised in writing that they are prepared to grant a new lease to approved candidates at an initial rent of £11,000. Other terms to be negotiated. We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
A great trading location with good sized family accommodation and a well-established business a unique opportunity and not one to be missed.

Arrange Viewing

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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