Retail premises for sale in Fairfield Crescent, Gateshead NE10

Guide price £145,000 (£207.14/sq. ft)
Retail premises for sale 700 sq. ft*
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Property description

Freehold Mains Post Office. Good retail area c.700 square feet. Retirement sale after 25 years ownership. Family run plus one other staff member. Scope to develop and expand retail offering. Main street location.

This Mains Post Office is located on Fairfield Terrace in Pelaw, a heavily populated residential area at the eastern edge of Gateshead, Tyne and Wear.

Newcastle upon Tyne is just 4 miles to the north west, with Sunderland 11 miles to the south east and Durham 17 miles to the South.

The northern border of Pelaw sits on the banks of the River Tyne with the main A185 routing running through Pelaw which is where most of the commercial businesses are located including the Post Office. There are two large car parks opposite the property and it is also located close to the Metro.

Our client has owned and operated Pelaw Post office since 1996. He moved the business into its current premises in 2009 when the opportunity to buy the freehold arose.

Trading as a traditional Mains Post Office offering all the usual services this three counter office also has good retail space to offer a varied selection of products. Along with a wide range of greeting cards, stationary, toys and games and gifts, our client also offers soft drinks, crisps and confectionary.

An external cash machine is in place and lotto is also available. There is certainly potential to expand on what is currently on offer on the retail side with the space available in the premises.

Our client runs the business with his son and 1 additional staff member on normal Post Office trading hours.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Cornerstone Business Agents, EH26 on +44 131 268 8358 * (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 Cornerstone Business Agents, and do not constitute property particulars. Please contact Cornerstone Business Agents 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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