Retail premises for sale in Houghton Road, Thurnscoe, Rotherham S63

£114,995
Interested in this property? Call +44 161 937 5978 * or Request Details

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Retail premises for sale
Tenure: Not available Council tax band: Not available

Property description

Ref 7800 – Leasehold Post Office & Accommodation
Blacks Brokers are pleased to bring to the market this leasehold Post Office & accommodation located in Rotherham, South Yorkshire.


Introduction


Thurnscoe Post Office was established in this busy and densely populated area of Thurnscoe in 2012 and our client took ownership in 2018. The business is very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation.


Location


Thurnscoe Post Office occupies a main road trading position within a busy parade of shops. The area is densely populated residentially and there are also a number of schools and other amenities nearby. The area is well linked by the M1 and A635 with very strong public transport links and parking is available immediately outside.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to our client’s retirement plans the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Lease


The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. A new lease will be negotiated with our client – this will run at a cost of £12,000 per annum.


Staff


The business operates with two members of staff in employment supporting our client working on a full time basis.


Financial details


Thurnscoe Post Office has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 5th April 2021 show that the business has an annual turnover of £73,282 and a gross profit of £58,066. Full financial information is available upon request.


Business rates


Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This well established business occupies an enviable trading position in a bustling residential area of Rotherham. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines and a strong marketing drive. A new owner may also look to utilise social media and other online resources. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £114,995.

Please quote ref: 7800

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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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