Commercial Retail

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BUSINESS FOR SALE & FREEHOLD - Blackpill Post Office - 110 Mumbles Road, Blackpill, Swansea, SA3 5AS

For Sale £ 369,995 For Sale
Blackpill  SA3 5AS Retail Commercial Commercial Department » Print this page

Location

Situated on Mumbles Road, this substantial end terrace property occupies a prominent kerbside trading position close to Mumbles itself. This area of Mumbles Road is popular with tourists who visit the area, along with locals who visit the area on a daily basis.

Description

This mixed use property comprises a ground floor A1 premises currently operated as a Post Office. The commercial element is divised currently as an open plan showroom with storage and WC facilities to the rear.

Behind the commercial element of this property is a substantial maisonette which is split over the ground and first floors. The ground floor comprises a spacious open plan living/dining room, kitchen, and office.

The first floor comprises two double bedrooms, a single bedroom, and bathroom.

Externally the property benefits from an enclosed garden to the side, two sheds to the rear, and parking spaces for two vehicles at the side.

Utilities

The premises benefits from all mains utilities. Please note, none of the utilities were tested during the course of our inspection.

Size

The ground floor measures 61.6 sqm – 662.81 sqft. Measurement was taken in accordance with RICS guidelines and is the Net Internal Area.

The Business

Operated by the Vendor for a number of years, the business itself is showing a healthy Net Profit and offers a newsbill in excess of £4,000 per week. We advise that there is a postmasters salary of £10,000 per annum included. The business has a current turnover of c. £5,500 per week. Accounts are only available to seriously interested parties and at our discretion.

Tenure

The goodwill in our clients business is For Sale at an asking price of offers in the region of £369,995 (Three Hundred and Sixty Nine Thousand, Nine Hundred and Ninety Five Pounds) to include all goodwill and fixtures and fittings within the business.

We advise that the Freehold interest to the property is also included within the sale.

Business Rates

The premises has a rateable value of £4,169. Interested parties are advised to discuss the business rates payable with either the local authority, or valuation office.

Council Tax

The maisonette has a council tax banding of “C”.

Viewing

Strictly by appointment and under no circumstances must any approach be made directly to the occupier. Please contact the sole selling agents below to make an appointment:

Andrew Cox
01792 478 907
andrew.cox@dawsonsproperty.co.uk

Matthew Mason
01792 478 908
matthew.mason@dawsonsproperty.co.uk