Post Office and retail store for sale in Saltburn-by-the-Sea North Yorkshire
Saltburn by the Sea, North Yorkshire
- Status
FOR SALE
- Advert ID
656164
- Reference
591726 / Rightbiz
- Call Agent:
- Freehold: £250,000
- Turnover: £36,400 (£700 per week)
- Profit: Not Applicable
Business Details
Post Offices For Sale in Saltburn by the Sea
POST OFFICE AND RETAIL STORE in Saltburn-by-the-Sea for Sale.An excellent opportunity to acquire a long-established Post Office business that has been successfully operated by our client since 1997 and is now offered for sale due to their planned retirement.
The substantial freehold property occupies a prominent corner position on the bustling High Street, at the heart of this popular North Yorkshire village. Benefiting from strong visibility and footfall, the premises provide significant potential for future growth and development.
The business currently trades over 5.5 days per week and generates annual Post Office remuneration of approximately £55,000. Until 2020, the premises also accommodated a pharmacy, which has since been sold separately. The retail offering now comprises healthcare and household products, together with a small range of cards and stationery.
A key feature of this opportunity is the extensive retail sales area, which would lend itself perfectly to conversion into a convenience store format. Furthermore, there is considerable scope to expand the retail footprint by incorporating the former pharmacy dispensary and rear storerooms, creating additional trading space and enhancing revenue potential.
The freehold premises briefly comprise a spacious, air-conditioned, double-fronted retail sales area featuring a two-position Post Office Combi Till counter. To the rear are three storerooms together with the former fortress-style Post Office counter.
The first floor provides three further storerooms, a kitchen and two WCs. In addition, the property includes a self-contained one-bedroom flat, which would benefit from some modernisation and offers excellent potential for owner-occupation or rental investment, providing a valuable additional income stream.
This is a rare opportunity to acquire a prominent freehold Post Office business with substantial development potential, residential accommodation and significant opportunities for future growth.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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