Post Office for sale in Paignton

£74,950 Leasehold + SAV
  • IMG_5549 (Custom)
IMG_5549 (Custom)

Post Office for sale in Paignton

Preston Down Post Office, 111 Preston Down Road, Paignton, Devon, TQ3 1DS

A professionally presented Post Office and Store which has undergone a comprehensive refurbishment programme and enjoying impressive trade and subsequent income figures. Offering a wide range of products from newspapers, magazines, confectioning, tobacco, greeting cards, gifts, soft drinks and National & Health Lottery and Post Office. Ideally situated taking advantage of high passing vehicular and passing foot traffic which together with very low overhead have resulted in good profits. This Post Office open-plan comes with full training and excellent post office salary of circa £23,000. Early viewing is highly recommended. ...


LOCATION

Located on Preston Down Road, amongst a parade of independent retailers and post office. This area is densely populated with high passing vehicular and pedestrian traffic. Because of the new ring road for Torbay, Preston Down has seen a marked increase in traffic accessing Paignton and the surrounding areas which passes this very shop. The immediate area of Preston has a high density residential population and is easily assessable to all parts of Torbay and with convenient access out onto the main dual carriageway linking up to Exeter and M5. Benefiting from free parking to front together with unrestricted on road parking and bus stop immediately opposite.

 

BUSINESS

Preston Down Post Office have been successfully owner operated for many years with part time assistance. Offering a Post Office Local Plus & salary OF CIRCA £23,000 together with a range of cards, stationary, confectionary, giftware, large selection of magazines, papers which generates a further £170,000 plus both National and Health Lottery Franchise also generating £65,000. There is great scope to build upon the success of the business and even expand into the adjoining retail unit which would double the floor space. This easily operated business will come with full comprehensive training and actual trading accounts will be made available following a formal successful viewing.

 

ACCOMMODATION

Large glass pane windows to front with part glazed door into:

 

MAIN RETAIL AREA

11.21m x 5.34m

This retail area has been comprehensively refurbished to a high standard and comprising of slat boarding throughout, 2 x island multi-tiered units, 5 x wire display stands, recessed stationary area, large 7.3m 15-tiered card display unit, magazine and paper display stand, National Lottery and Health Lottery stand and a newly installed Post Office Local counter.

 

REAR STORE

3.11m x 1.99m

An ideally located store just off the main retailing area with ample shelving and general storage area together with double opening doors to rear for deliveries and door to:

 

CLOAKROOM

Comprising of low level WC and wash hand basin

 

OPENING HOURS

Mon – Friday     07.00 – 18.00

Sat                       07.00 – 16.00

Sun                      08.00 – 1200

 

OUTSIDE

To the front of the business there is unrestricted off-road parking for the parade of shops plus additional unrestricted parking on road to front of shop. To the rear of the property is a

GARAGE

Large single garage

 

FIXTURES & FITTINGS

Trade fixtures, fittings, equipment, land and buildings, with exception of vendor’s private inventory, will be included in this leasehold sale. Full inventory to be provided at exchange of contracts with full stock inventory to be provided at completion

 

SERVICES

Mains electricity, water and drainage are all connected. However, no testing of these services has been undertaken by the Agents, Ware Commercial

 

BUSINESS RATES

Please make your own enquiries on the local Valuation Website (VOA) at www.voa.gov.uk

 

TENURE

Leasehold + SAV

Ingoing tenant to pay landlords reasonably incurred lease set-up / transfer fees

 

VIEWINGS

All viewings and enquiries are to be made through the Agents Ware Commercial

Tel.  01803 328880

Email. info@warecommercial.com   www.warecommercial.com

 

 

 

 


Misrepresentation Act: Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.