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• Shop sales circa £2,500 weekly plus commissions.
• Post Office Income £16,000 - £18.000 per annum.
• 1 bedroom flat included with Post Office.
• Pleasant location in friendly community.
• Ideal for owner operator.
• FREEHOLD £119,950 plus stock at valuation.
Bedroom / Lounge
Kitchen / Diner
The Post Office is located on the main road running through this popular suburban village to the south west of Newcastle and Gateshead. The immediate area has a mixture residential, commercial and retail occupiers that provides captive trade and the on-street parking generates a certain amount of passing trade.
This business has been operating under the current family ownership for over 20 years but has now been placed on the market as they wish to wind down their business commitments.
The business is a traditional CTN with a local Post Office service which is well supported by the locals. In addition to the standard newsagency fare, the shop also stocks a range of convenience goods and greetings cards and there is scope to expand some of the lines offered. The retail unit is in good order and there is very little for any new owner to attend to.
To the upper floor there is a 1 bedroom flat which is configured to provide a living and sleeping quarters plus a large kitchen / diner and a separate bathroom. It could be separated to provide a self-contained unit with rear access from the yard.
Comprises a mid-terraced two storey property of traditional brick construction with a slate roof over.
Retail Area 350 sq.ft. (32.5 sq.m).
Monday - Friday 6.30 a.m. - 7.00 p.m.
Saturday 6.30 a.m. - 5.00 p.m.
Sunday 6.30 a.m. - 12 noon
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