Do you want to sell your post office building quickly and for cash?
It doesn’t matter if it’s part of a small local shop or a larger building with flats above it. No matter the location or condition, you can get the best price with Property Saviour.
Table of Contents
Why Sell Your Post Office Building Now?
Many post offices have been closing ever since wrongful convictions of postmasters/postmistresses of accusations of stealing. With so many innocent lives destroyed, break-up of marriages, houses repossessed, and families torn apart with jail times.
In our opinion, the Post Office as a brand has been tarnished ever since this scandal came to light.
Running a post office isn’t financially viable, with parking charges, the ability to print postage stamps online, rising business rates as councils face bankruptcies and higher energy costs.
Most people pay their bills online or via direct debit. While post offices offer a very useful limited banking service the demand for this service is dwindling.
Gone are the days when pensioners used to collect their pension and use the money to pay bills at the post office counters.
Post offices still offer many additional services, such as sending mail, passport applications, foreign currency exchange, and bill payments.
However, many of these services are now available online, making it difficult for post offices to keep up with the competition. Customer service is also a key factor, as post offices must provide a friendly and helpful staff to keep customers returning.
What’s Your Post Office Worth?
Here’s the deal:
- Location matters (as always in property)
- How much dosh are you making?
- Is the building yours or are you leasing?
- What kind of shape is everything in?
Get a pro to look at all this. They’ll give you a number that makes sense.
Is Selling a Post Office Building Right Thing To Do?
This is a personal decision, depending on your circumstances.
Many postmasters are retiring as they feel they are fighting a losing battle with online competition and local councils.
We offer you a couple of choices, from selling your building outright for cash or selling it and renting it back.
Our process is simple: once we have all the details about your post office, we’ll value it and quickly make you a cash offer.
We also offer you the opportunity to sell and lease back the building from us.
You don’t have to take this offer. But the idea is that you will release cash from the sale of your building and rent it over a five or ten-year lease.
Whether you wish to retire or pursue other business interests, the choice is yours. Many business owners have benefitted from released equity to expand and grow.
Getting Your Post Office Ship-Shape
Before you stick that ‘For Sale’ sign up, you’ve got to make sure everything’s looking tip-top. It’s like selling a house – first impressions count.Here’s what you need to do:
- Sort out your paperwork (boring, I know, but essential)
- Give the place a lick of paint
- Make sure all your equipment’s working
- List out what’s included in the sale
- Get some info on your regulars and the local area
Finding Someone to Take It Off Your Hands
Now, how do you find a buyer? Well, you’ve got options:
| Way to Sell | Good Bits | Not So Good Bits |
|---|---|---|
| Use an agent | They know what they’re doing | You’ll have to pay them |
| Stick it online | Loads of people might see it | You’ll be answering loads of questions |
| Tell your mates | Might be quicker | Might not get the best price |
| Local paper | Good for community sales | Might not reach serious buyers |
The Post Office Wants a Say
Here’s the thing – you can’t just sell a post office to anyone. The Post Office has to okay the new owner. Bit of a faff, but that’s how it is. They’ll want to interview the buyer and make sure they know what they’re doing.
Legal Stuff
Get a good solicitor. They’ll sort out all the paperwork and make sure everything’s above board. Trust me, it’s worth it.
Money Matters
You might have to pay some tax on what you make from the sale. Best chat to someone who knows about this stuff to make sure you’re not caught out.
Keep It Under Your Hat
Don’t go shouting about the sale from the rooftops. Keep it quiet until you need to tell people. It’ll keep things running smoothly.
Handing Over the Keys
Once you’ve found your buyer, you’ll need to show them the ropes. Introduce them to the regulars, show them how everything works, that sort of thing.
How long’s this going to take?
Could be a few months, could be over a year. Depends on a lot of things.
Can I sell it myself?
Yeah, you can, but using an agent might make life easier.
Do I have to train the new owner?
You don’t have to, but it might make your post office more attractive to buyers.
What paperwork do I need?
All your financial stuff, lease agreements if you’ve got them, lists of what you’re selling, that kind of thing.
How do I make my post office worth more?
Make it profitable, keep it clean, and get the locals to love you.
Selling a post office isn’t like flogging your old sofa on Gumtree. It takes time and there’s a fair bit to think about. But if you follow these tips and get some good advice, you’ll be alright. Just remember, every post office is different, so make sure you’re showing off what makes yours special. Good luck!
How to Sell Your Post Office Building
We aren’t estate agents, so you don’t have to worry about viewings or high business rates.
Because we are genuine commercial property buyers, we have the funds to make you a competitive cash offer immediately, with no strings attached. The process can be completed in as little as 15 working days.
These are some of the benefits of selling your post office building to us:
- We have instant access to funds. No bank financing.
- No estate agent fees.
- We’ll pay £1,500 towards your legal fees.
- We’ll make you an offer within 48 hours.
- We’ll work as quickly as you need us to.
- We consider any commercial property in the UK.
If you’d like to get started, reach out to us and send some photos, and we’ll make you an offer.
We understand that selling your post office can be stressful and uncertain. That’s why we make sure to handle the sale quickly and smoothly.
We understand all the paperwork involved in the transaction, so you don’t have to worry about getting stuck in red tape.
Our team is here to answer any questions you have throughout the process. We are here to ensure everything goes as smoothly as possible so you can focus on what matters most.
Sell with certainty & speed
Property Saviour Price Promise
- The price we’ll offer is the price that you will receive with no hidden deductions.
- Be careful with ‘cash buyers’ who require a valuation needed for a mortgage or bridging loan.
- These valuations or surveys result in delays and price reductions later on.
- We are cash buyers. There are no surveys.
- We always provide proof of funds with every formal offer issued.
We'll Pay £1,500 Towards Your Legal Fees
- No long exclusivity agreement to sign because we are the buyers.
- You are welcome to use your own solicitor.
- If you don’t have one, we can ask our solicitors for recommendations.
- We share our solicitor’s details and issue a Memorandum of Sale.
Sell With Certainty & Speed
- Our approach is transparent and ethical, which is why sellers trust us.
- 100% Discretion guaranteed.
- If you have another buyer, you can put us in a contracts race to see who completes first.
- Complete in 10 days or at a timescale that works for you. You are in control.
