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