Buyer sought for established town post office

Richmond Post Office, in North Yorkshire, is on the market for an asking price of £79,950 plus stock.

Specialist property business adviser Christie & Co is marketing the premises, located close to Richmond town square.

The main branch post office has been modernised and provides a range of services, including passport checking and vehicle tax, as well as supplementary trade from greetings cards, stationery and ID photographs.

Current owners Richard and Catherine Swann bought the Post Office in 2003 and, after 17 years of successful business, have decided to sell in order to retire.

Andy Birnie, director at Christie & Co, who is handling the sale, said: “This is a very well-established Post Office, which offers a new buyer the opportunity to build on the relatively new banking services now available, as well as continue with traditional Post Office transactions.

“The supplementary trade could also be expanded to include more party-themed stock, seasonal trade, confectionery and soft drinks.

“In addition, there was a remuneration increase for mains Post Offices from 1 May 2020. This will add straight to the profitability of these branches, making them more sustainable and sought after for new business owners.”