Retail premises for sale in Newcastle-Upon-Tyne, Northumberland NE16

£129,950
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Local Post Office/convenience store, successfully trading over 50 years
  • Shop sales approx £95,000 pa, £18,000 Post Office income
  • Busy village location, close to Newcastle-upon-Tyne
  • 1 bed owner’s accommodation included, freehold sale

Property description

Reference - 48320

Description
The Sunniside Post Office is located in Sunniside, a village in the Metropolitan Borough of Gateshead, 5.5 miles from Newcastle upon Tyne, on a main busy road with parking nearby for passing trade.
This is a mainly a local Post Office with one counter but two terminals. They are also a newsagents/convenience store and offer a good range of greeting cards and stationery. The current owner is working with reduced opening due to his intended retirement but these could be increased which would improve the current turnover quite substantially.
There is flat above the shop which is accessed from the rear of the shop and it also has its own main rear door. They have an open plan lounge/bedroom, bathroom and kitchen with gas central heating.

Sales
Currently shop sales average £95,000 approximately per annum.

Annual Post Office income approximates to £18,000.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Friday 07:30 – 14:00
Saturday 07:30 – 13:00
Sunday 07:30 – 11:00

Staff
Managed by the owners with 2 part time staff.

Building External
The Sunniside Post Office is part of a row of terraced residential homes, with a full glass frontage with good signage. It is set on a busy road with great passing trade and they are also well supported by the local community.

Building Internal
You enter through a full glass door into the main sales floor with two freestanding chiller display units, a central gondola and goods displayed on shelving. The sales area is to the rear with the Post Office counter.
Stairs lead from the rear of the shop to the owner’s accommodation with an open plan bedroom/lounge, bathroom and kitchen with plenty storage.

Residential Accommodation
1 bedroom property comprising open plan lounge/bedroom, bathroom and kitchen.

Tenure
We are advised that the property is freehold.

Summary
Kings Business are delighted to bring to market this excellent business opportunity of a Post Office with owners accommodation. We are expecting a high level of interest and recommend early viewings.

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For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer 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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