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Buying a Post Office

Buying a Post Office

Want to be the master of your own destiny and own your own Post Office?

At Williamsons, we have a specialist team who will be able to make your ambition a reality when buying a post office.

The Post Office is one of the most reputable and trusted brands in the UK, offering essential everyday services, whilst also providing a fundamental and imperative public service to the community. The Post Office network is the country’s largest retail branch network.

With over 90% of the population living within one mile of a post office, post offices provide easy public access to essential services including mailing, access to cash and retail goods.

Just under four hundred post offices are run by people directly employed by Post Office Ltd. These offices are called ‘directly managed’ or Crown offices. However, 97% of all post office outlets are sub post offices run by private business people called subpostmasters. Subpostmasters are not Post Office Ltd employees, but instead have a contract with the Post Office Ltd to provide services using their own premises and staff. Generally, subpostmasters receive a fixed payment from POL, which is essentially topped up by a payment which is based upon the number of transactions they carry out.To find out more information about becoming a subpostmaster and buying a post office, click here.

In November 2010, the Government published a report detailing new plans for the future (click here to view report). Importantly, the Government has committed to no further post office closure programmes. Instead, the Government wants the Post Office Ltd to expand its financial and Government services, and expand the number of Post Office products available, such as more high street bank accounts and credit unions at post offices. At Williamsons, we recommend that when buying a post office, you ask the vendor to provide you with the following:-

  • At least the last 3 years accounts of the business. This will enable you to make sure that the business is profitable and a good investment.
  • Details of all supply contracts. You need to know who you suppliers are, especially if cold drinks, stationary, cards etc, are sold.
  • Details of all staff. You will need to make sure that you are provided with full details in writing of all the employees and workers (whether full or part time) and the terms of their respective contracts, such as their hours of work, what they are paid, etc.
  • Confirmation as to whether the transaction is leasehold or freehold. Should a lease be involved, it would be worth asking the vendor for a copy of the lease. You need to then determine whether the lease can be transferred or not. If the lease cannot be transferred, you will need to make enquiries with the Landlord to see if they would be willing to negotiate a new lease with you. If so, you need to ask the landlord what the terms and conditions of the lease would be.

Please note that the above list is non-exhaustive; depending on the nature of the transaction will very much depend on the information which you will require, however the above list is the information which you should obtain from the vendor irrespective of the nature of the transaction. If you are buying a post office, visit us or call our Commercial Property team today on 01482 323697.

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Read some reviews from our clients

4.89 Average

207 Reviews

Mr Psaras

Friendly, efficient and exceptional service. I will use another of their services soon. Highly recommended.

K S

During a worldwide pandemic Williamsons were superb, i was kept up to date with proceedings, costs, future expectations etc. Using all forms of communiction including Email, telephone, face to face, video chat the knowledge and expertise is second to none and i wouldn't hesitate to use again should i require. I would highly recommend Williamsons for any legal matters their professionalism and helpfulness made my case much smoother, together with the ability to pay stage by stage i cannot stress how great the service was, needless to say my case was resolved to my expectations. I would urge anyone to use Williamsons for legal advice an easy 5 stars with special mention to Paul, Karen and Claire for the service i received from them.

Ms L

I chose Theresa and Toni at Williamsons again for this property purchase because of the care, attention to detail and professionalism they demonstrated last year when I bought another property. I have received a marvellous service again and I feel confident that they will have carefully looked at every detail of the necessary documentation involved in the buying process. Geographically, Williamsons is a long way from the property I have just bought but firms like Williamsons are a rarity and worth seeking out. I thoroughly recommend this company.

Mr & M

Wet happy with the comprehensive and personal service Thank you

Mr and Mrs Betts

Excellent client service- professional and courteous. Thank you to Madeleine.

Anonymous

I chose Williamsons to act as my conveyancers and I have been super impressed with their professionalism and ethics to act on behalf of their client. My process was a long one, due to no fault on Williamsons part, but they never dropped the ball and continued to chase the other party until we got the answers we needed. I would choose them again in a heart beat and recommend their services.

Mr T W

Fantastic service from Williamsons Solicitors especially Rachael Scott who handled everything brilliantly from start to finish. Thank you

Mr Beevers

Happy with the work done on my behalf

Mrs T D

Hello, I had a lovely experience at Williamsons. Alison and Katie made everything really easy for me and were really helpful 2really nice people.

Anonymous

Brilliant service from Williamsons. Very efficient and quick responses to any questions or queries I had. Would highly recommend.

Anonymous

Excellent 5* service. We tragically lost our daughter and we found Williamsons Solicitors who guided us through all the claim process. They are extremely knowledgeable and professional with a personal style that made the journey more manageable. There communication is always prompt. Thoroughly recommend Wayne Walker.

A G

I can well recommend, I have received professional and honest service which lead to positive closure of the case. Always responded with care and fully involvement which gave me more confidence to continue. All advices during the progressing of the case was competent and mirrored current situation.

Mrs Hughes

The conveyancing team were excellent, extremely helpful and made sure that I felt valued at all times. A big thank you

Brian S

We would like to thank Gordon for his assistance and reassurance in dealing with the problem regarding the boundary hedge. His professionalism and manner are a credit to the company and we would certainly recommend him to friends.

Miss B

Beth Dyson and colleagues have been excellent during the purchase of my new house. Very responsive to email and phone queries, polite and professional, and the sale has been completed in 13 weeks from acceptance of the offer to completion. Given the current COVID-19 situation and how that has impacted on everyone, that's great. Thanks to everyone at Williamsons for making buying my new home so straightforward!

Miss S

Excellent service from Beth Dyson despite all the pressures of the Covid lockdown. Beth carried out conveyancing of my sale and purchase very thoroughly and efficiently with good communication and always in a helpful and friendly manner. Many thanks.

Joanna H

Well from the moment I met Wayne Walker his professionalism,clarity of thought, and aim to do the best job he can were all evident. He has been involved with my family for five years nearly and has always made me feel as though my views were relevant and integral to furthering the case. Wayne has highly developed organisational skills and we always felt just ‘looked after’ by Wayne snd Williamsons in getting through the very worst of times. Wayne sometimes needed to encourage me to look at things from a different perspective and he always achieved this with firm kindness. Wayne is a great professional but more importantly a fundamentally great human being. I will always recommend Williamsons and especially on the subject of clinical negligence I will always recommend Wayne. Full job well done start to finish. Thanks Wayne there are no words. Jo Hogg (Polly’s mum)

Anonymous

Williamsons Solicitors supported our family to succeed to a very high level. We cannot thank Sarah Jackson enough for her incredible support, dedication and commitment to understanding the finest detail of our case. Her dedication was phonememonal and we wouldn't hesitate to recommend her in a heartbeat. Thank you for bringing closure to our case and for supporting us one hundred percent. We were informed at every stage within the case and knew we were in safe professional hands throughout. Many thanks, Mr and Mrs Appleton.

Asoka T

Very professional and a friendly team, specially Helen Lennon who handled my case.

Carl R

I was very happy with the way they handled my case and still got the result even in these hard times where having at the moment thank you to all involved and I’d recommend you to others

Angie L

Williamsons solicitors were professional, caring and efficient. They dealt with what was, a very upsetting experience I had via medical negligence. They kept me up to date, enquired about my well-being and were always available to either speak to me when I had concerns or answered my emails. They ensured that the compensation I finally received was in my best interests by advising what they thought was a too low first offer of settlement. I cannot thank them enough for the way they handled my case and for pushing for a better higher settlement figure. I would definitely use them again should I ever be in a position to need them Thank you so much.