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Post Office Convenience Store With A 4-Bed Flat For Sale

Gateshead, Tyne and Wear, UK
Freehold Price:
£400,000 Furniture / Fixtures included
Leasehold Price:
£150,000 Furniture / Fixtures included
Turnover:
£505,336
Net Profit:
On request

Key Features:
Weekly Sales £9,718 (12/5/26 to 5/7/26)
Freehold and Leasehold
Post Office Commissions circa. £32,000 (TBC)
First floor flat incorporating 4 bedrooms, lounge, kitchen and bathroom
Lottery Commissions Income circa. £3,600
New Lease 15-20 years available

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
The location serves as a vital community hub in the Bensham area, combining daily grocery shopping with the Post Office. The immediate area features a diverse and densely populated neighbourhood. The surrounding blocks host a varied mix of businesses, including independent grocers, bakeries, clothing outlets, local retail shops and eateries. Coatsworth Road intersects directly with Bensham Road (B1426) just a short distance north, providing a direct link straight into Gateshead town centre and toward the A1(M). Bus stops situated along Coatsworth Road and Bensham Road, offering frequent, direct services to the nearby Gateshead Interchange (for quick access to the Tyne & Wear Metro network) and across into Newcastle city centre.

Business Opportunity
Operates as both a Premier convenience store and the Coatsworth Road Post Office. The building itself houses the convenience store and Post Office, making everyday mailing and retail services instantly accessible. A fantastic opportunity to acquire a dual-income business combining a modern Premier branded convenience store, off-licence, and an integrated Post Office. Currently under owner-operation for the past year with no contracted staff to inherit, this turnkey business offers an exceptional baseline of secure revenue alongside a spacious, 4-bedroom residential property on the upper floor.

The proposed lease structure provides strong operational security with a total annual rent of £21,000, breaking down to £1,750 per month.

Annual Rent: £21,000
Rent Living Premises: £9,600
Business Premises: £11,400

Rateable Value: £5,400
The rateable value is used to calculate your rates bill so this is not the amount you will pay.

Business Premises
Ground Floor Business Premises comprises a bright high specification fully-fitted retail zone optimised for high-volume footfall, internal storage space, and customer/staff toilet facilities.

Living Premises
The first-floor living premises comprise a 4-bedroom residential flat, incorporating a lounge, a dedicated kitchen, and a family bathroom—ideal for an owner-operator family or to generate secondary rental income. Combining generous proportions with a highly functional layout, this first-floor premier flat serves perfectly as a comfortable private residence for an owner-operator or as a high-yield asset generating robust secondary rental income.

Fixtures and Fittings (F&F):
8 door standing chiller
3 x 4 door standing chiller
6 door standing freezer

Employees
Owner run. No TUPE applies.

EPC Rating
EPC Rating ‘D’ valid until 29 August 2034

Trading Hours
Monday to Sunday 8:00am to 10:00pm

Premises Licence Hours
Monday to Sunday 6:00am to 11:00pm

Additional Services
Post Office Commissions Annual: £32,000
Lottery Annual Commissions: £3,640

Property Type
A1/A2 Retail and Financial/Professional Services

Tenure
Leasehold

Business Measurements
Total Ground floor retail zone 78m2

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.

Property Information

Property:

Available as freehold and leasehold

Leasehold Rent:

£21,000 per annum

Other Information

Leasehold asking price:
£150,000 - Furniture / Fixtures included