Colourful Community Post Office Sold by Bruce and Co.
25th October 2019
Wigtown Post Office in Newton Stewart, Dumfries and Galloway, is now under new ownership.
This community Post Office offered a genuinely unique opportunity. It is a prime lifestyle business. The offering is a complete package; including a post office, a shop, and a house. The house is a commanding and substantial property, featuring two large lounges, a study, 2 master bedrooms, 2 single bedrooms, a kitchen, storage rooms and 2 bathrooms. Acquired by the Vendor 17 years ago, this popular post office is relied upon heavily by the community. As well as receiving tremendous amounts of tourist trade due to its location, the business greatly benefits from consistent local clientele.
When the Vendor decided it was time to retire, finding a suitable buyer for this cornerstone business was paramount. Bruce and Co. were tasked with facilitating this important transition.
Once it was placed upon the market, the business generated a considerable amount of interest. Bruce and Co. endeavoured to find the perfect buyer. Using their extensive expertise and negotiating skills, they did just that. After 5 viewings, the successful offer was made. The beloved, longstanding Post Office is now under vibrant new ownership. The rural area and close community atmosphere ultimately influenced the sale.
The Vendor commented;
“I was appreciative of Mike’s support during the sale of the business, as with any Post Office sale, there were a few complications, but we were able to work through them and complete the sale as quickly as possible. He kept me updated regularly on my sale and recommended a commercial solicitor to me which helped a lot also. May I take this opportunity to thank you for your valued professional handling for the sale of my business and I would not hesitate to pass on the details of Bruce & Co.”
Lead Negotiator Michael Firoozi commented;
“Our client was excellent to work with, it was always enjoyable to contact him. He was very co-operative and eager to help, I was ecstatic when we were able to successfully conclude the sale. I hope he enjoys his retirement.”