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News March 19, 2021
     

Profitable Ceredigion village Post Office with self-contained home put up for sale

A busy and profitable Ceredigion Post Office, complete with a self-contained home, has been put up for sale.

 

With the current owners due to retire, the opportunity to acquire Penparcau Post Office offers potential owners the chance to acquire the popular business. It’s situated in the popular village of Penparcau, alongside the busy A487 and among other key village amenities, including a Coop store.

 

Penparcau is an active community. The Post Office is positioned alongside the main A487 trunk road and is surrounded by other businesses which attract local residents, businesses and tourists to use the amenities.

 

“Penparcau is a vibrant village on the outskirts of Aberystwyth. The Post Office itself is profitable and in addition to the mail services, it has a retail element that also provides a profitable income,” said Michael Williams, a Partner at Morris, Marshall and Poole with Norman Lloyd who are marketing and selling the freehold property.

 

Three-bedroomed self-contained home

 

The Post Office is situated at the front of the premises on the roadside, while at the rear is a self-contained three-bedroom home which is currently let and provides a £550 monthly rental income.

 

The freehold property is being sold for £239,500.

 

The salary from the Post Office business provides an income of £36,000 per annum as well as £10,000 added income from the retail trade. There is also an opportunity to increase turnover and profit due to the property’s location and considerable footfall.

 

Potential for business growth

 

The retail premises are well fitted out throughout with significant potential.

 

The self-contained home includes a large lounge and dining room, kitchen, three double bedrooms, shower room with toilet and gas central heating.

 

There is also an enclosed garden and detached garden with a toilet. The property also includes private roadside parking.

 

More details about the property can be found at www.morrismarshall.co.uk or by emailing aberystwyth@morrismarshall.co.uk, or telephone 01970 625 020.

 

MMP/NL can undertake a free appraisal of a property and market it to potential buyers throughout the UK through its online marketing tools and being a member of the Guild of Property Professionals.

 

MMP/NL has offices in eight towns, including Newtown, Oswestry, Aberystwyth, Welshpool, Llanidloes, Rhayader, Tywyn, Machynlleth and a showroom at Aberdyfi. It also has a specialist Rural Team based at Welshpool Livestock Sales and an associate office in London.

 

For more information, contact one of its local offices by visiting www.morrismarshall.co.uk.

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