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Freehold Mains Post Office, Gateshead (Ref 1389) For Sale

Pelaw, Tyne and Wear, UK
Asking Price:
£140,000
Turnover:
Available on request
Net Profit:
Available on request

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 Information

Property:

Freehold

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.

Premises Details:

Pelaw trades from the ground floor only of a two storey terraced property that has privately
owned residential accommodation on the upper floor. The frontage has a centrally positioned entrance with large display window on one side, external cash machine on the other and tasteful Post Office signage above.

Other Information

Related Documents:

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