Press Releases
Retail
Brokerage

Post office and store in Hinstock village sold as owners retire

Specialist business property adviser Christie & Co has announced the sale of Hinstock Post Office and Stores.

Business. Built around You.

Your expert business property advisers

Jacob Toon

Jacob Toon

Associate Director - Retail & Leisure

Image-1

The sub-post office and store stocks and sells a selection of convenience goods and household essentials. The store also comes with four bedroom accommodation, historically used by the owners,  and off-road customer parking.

The store has been sold by former owners who, after running the business for almost a decade, have decided to step back and retire.

The store has been acquired by a new operator who has exciting plans to build on the foundations laid by the outgoing owners and further enhance the convenience offerings, as well as add some extra services such as parcel drop-off and collection.

Jacob Toon, Associate Director at Christie & Co, managed the sale and said, “I am delighted to have sold Hinstock Post Office on behalf of my client, who has been able to use the very competitive price we delivered for his onward residential purchase. The market remains extremely buoyant for both convenience stores and post offices, and despite the lead times for Post Office applications, they remain an essential amenity for communities, and a desirable asset to purchasers, due to the increased footfall they generate.”

The store freehold was sold off an asking price of £615,000.


For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: +44 7561 115179
E: jasmine.davis@christie.com

Visit our Business Search page to find out more about current listings.

Related Articles

View other related news and insights