FREEHOLD Post Office, Convenience & Off Licence Store with 4 Bed Living Premises
Newcastle upon Tyne
Key Features
Premier Branded Post Office, Convenience Store & Off Licence
Post Office salary £16,000
Weekly sales £7,000
Living Premises 4 bedroom
Freehold Only
Lottery services
Established 30+ years
Viewings
Any viewings for the business and/or property are by appointment only. Under no circumstances should any direct approach be made to the owner or their employees.
The Location
Centrally located in Highfield, 1.5 miles to the west of Rowlands Gill in South Tyneside this well established Convenience Store & Post Office acts as a key hub for local residents and commuters passing through via Smailes Lane on this outer Gateshead area.
The Business
Operating as Premier outlet, the store provides everyday grocery essentials in addition to tobacco, newspapers, confectionery, crisps and snacks and a range of alcohol.
The internal Post Office branch delivers mailing and counter options, including Royal Mail and Parcelforce Worldwide parcel shipping and Drop & Go services.
Enhancing its status as a modern logistics point, the location includes an automated, 24/7 InPost Locker situated on the front left of the storefront, allowing for round-the-clock parcel collection and returns independently of standard shop trading hours.
The Opportunity
Growth potential for a new owner-operator to expand into modern convenience such as food-to-go, high-margin vape and alcohol lines, introducing local home-delivery partnerships and extending the store’s operating hours.
Business Premises
Ground floor premises incorporates ground floor retail zone, two internal storage areas and toilet. There is an unused area of 68m² adjacent to the trading area which could be used to extend the current retail space.
Living Premises
Ground floor incorporating living room, kitchen, bathroom and hallway stairs leading to the first floor incorporating 3 double bedrooms, 1 single room and 3 closets.
Rateable Value: £7,400
The rateable value is used to calculate your rates bill so this is not the amount you will pay
Fixtures & Fittings
Fully fitted with refrigeration systems, including a 7.5m 10-door Arneg chiller unit, a 3m 4-door Arneg chiller, alongside 1.5m standing freezer, 1m Walls freezer and a 2m chest freezer
Employees
Employees TBC. TUPE rules may apply.
EPC Rating
EPC rating D expires 18 July 2029
Trading Hours
Monday to Friday 7:00am to 9:00pm
Saturday 7:30am to 9:00pm
Sunday 7:30am to 1:00pm and 6:00pm to 8:00pm
Premises Licence Hours
Monday to Sunday 6:00am to 11:00pm
Property Type
A1/A2 Retail and Financial/Professional Services
Tenure
Freehold only
Business Measurements
Ground floor trading area 45.13m²
Ground floor unused area 68.11m²
Ground floor storage area 28.51m²
Ground floor rear storage area 21.01m²
Ground floor post office 7.86m²
Total Ground floor retail zone 170m²
Property Type
A1/A2 Retail and Financial/Professional Services
Disclaimer Notice
The information shown for the business is based on a site assessment and financial documentation provided to us, A1 Businesses Ltd. by the vendor. We have been informed by the vendor that the financial information provided to us is correct and reliable at the time of marketing. We, A1 Businesses Ltd cannot accept liability as to the accuracy of this information and advise any interested parties to make their own enquiries in order to satisfy themselves that all information provided, particularly financial, is satisfactory before making any commitment to purchase the business.
All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale). See our disclaimer page for more details.
