Buttershaw Post Office & Newsagents, 656 Halifax Road, Bradford, BD6 2EA

For Sale : GBP 280000

Details

Property Type
Ask agent

Description

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • Well established P.O. Owned 30+ years • Post Office income: c. £60,000 • Weekly turnover c. £3,000 • Scope to develop convenience side • 1 bedroom accommodation above • Ideal family run business or seeking expansion. Energy Rating TBC • Christie & Co Ref: 5417020

Location: • Nearest Station: Low Moor Station • Distance to Station: 1.8 miles

Agent Information: • Address: Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Full Description: DescriptionA fantastic opportunity to acquire this well-established newsagent and Post Office conveniently situated on a busy main road in the densely populated area of Buttershaw. Run by a husband and wife team who are seeking to retire, the business is fitted to a high standard throughout and further benefits from a well presented one bedroom apartment above.LocationBradford is a city in the northern English county of West Yorkshire. The Property is situated in the residential area of Buttershaw four miles southwest of Bradford city centre. The Property has direct access onto Halifax Road (A6036) which is the main arterial route connecting to Bradford in the north and the town of Halifax to the south. The prominent position on Halifax Road allows the business to attract both traveling commuters and local residents. The shop benefits from the nearby Tesco superstore.Internal DetailsThe entrance leads into an open trading area with the news agents till located to the right-hand side. The Post office kiosk is located to the far rear wall with sales counter and tills.Fixtures & FittingsAll fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.Owner's AccommodationThe residential accommodation is internally accessed through the storeroom area at the rear of the premises. The first floor flat comprises; one bedroom, bathroom, open plan kitchen, and living room which appear to be in good condition.The OpportunityOur clients have successfully operated the Post Office and Newsagent for the past 33 years. They have now taken the decision to retire, offering this excellent opportunity for a new owner to take on and add value. The business plays a key part in supporting the local residents in the nearby area. The Post Office is popular with local business banking, and parcel deliveries due to the convenient location and unrestricted street parking. There is scope to develop the business further offering more key convenience lines.StaffOur client manages the business day to day.Trading InformationWe have received Profit & Loss accounts for 2023 and 2024 to year end 31 January. The latest years accounts show a turnover exceeding £173,000 and an operating profit of £53,596.42. The Post Office Salary is over £60,000.Accounts are available upon request after successful viewing and at the discretion of the owner.Trading HoursPost OfficeMonday & Tuesday: 8.45am - 5.30pmWednesday to Friday: 8.30am - 5.30pmSaturday: 8.45am - 12.30pmSunday: closedNewsagentsMonday to Friday: 6.30am - 5.30pmSaturday: 7am - 12.30amSunday: 7am - 11.30pmTenureThe business offers for sale a new lease at £15,000 per annum, length of lease and further terms to be discussed.Business RatesThe Rateable Value is £8,100 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.RegulatoryThe appointment of the National Lottery is at the sole discretion of Camelot Plc.Transfer of a Post Office appointment is at the sole discretion of the Post Office Network.Premises licence.Energy Performance CertificatesEPC 1

Location

Address
Buttershaw Post Office & Newsagents, 656 Halifax Road, Bradford, BD6 2EA
City
Bradford

Features And Finishes

Well established P.O. Owned 30+ years, Post Office income: c. £60,000, Weekly turnover c. £3,000, Scope to develop convenience side, 1 bedroom accommodation above, Ideal family run business or seeking expansion. Energy Rating TBC, Christie & Co Ref: 5417020

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