Retail premises for sale in Post Offices NE33, Tyne And Wear

£350,000
Retail premises for sale
Interested in this property? Call +44 113 482 9940 * or Request Details

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Property features

  • Annual Post Office Remuneration £110,000 to £115,000
  • Serious Illness Forces Sale After 40 Years Here
  • Run Predominantly By Staff Over Six Days
  • Freehold Sale Includes Five Bedroom Accommodation (Rented Out, Returning £595 per Calendar Month)

Property description

Sub post office and fully licensed convenience store in South Shields for Sale.

An opportunity to acquire this outstanding Post Office and fully licensed convenience store situated in this commanding position in a bustling shopping parade. Annual Post Office Remuneration £110,000 to £115,000. Weekly Turnover £9,000 to £10,000. The business is run predominantly by staff over six days and our clients only work in the business just three days per week - easy opening hours, closing at 6pm. Serious illness forces this reluctant sale after 40 years here. The potential here for a seven day operation is tremendous and to extend the opening hours on an evening could potentially double the turnover. Highly recommended. The premises here can be purchased freehold or the business can be purchased and the property rented on a long lease. The premises comprise large walk round self-service store with many different departments, excellent Post Office department incorporating one fortress position, one combi position, two open positions, store room with two atm machines, photo booth, internet cafe, twin cash out display. There is a self-contained apartment above the shop which comprises large lounge, fitted dining kitchen, five bedrooms, two bathrooms, gas central heating. The accommodation is rented out at £595 per calendar month. The accommodation would be available only on a freehold sale basis. EPC Band C.
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For more information about this property, please contact
Ernest Wilson, LS27 on +44 113 482 9940 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ernest Wilson, and do not constitute property particulars. Please contact Ernest Wilson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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