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Sub Post Office And Fully Licensed Convenience Store For Sale

South Shields, Tyne and Wear, UK
Asking Price:
£350,000
Turnover:
£494,000
Net Profit:
Available on request

Sub post office and fully licensed convenience store in South Shields for Sale.

An opportunity to acquire this outstanding Post Office and fully licensed convenience store situated in this commanding position in a bustling shopping parade. Annual Post Office Remuneration £110,000 to £115,000. Weekly Turnover £9,000 to £10,000. The business is run predominantly by staff over six days and our clients only work in the business just three days per week - easy opening hours, closing at 6pm. Serious illness forces this reluctant sale after 40 years here. The potential here for a seven day operation is tremendous and to extend the opening hours on an evening could potentially double the turnover. HIGHLY RECOMMENDED. The premises here can be purchased freehold or the business can be purchased and the property rented on a long lease. The premises comprise large walk round self-service store with many different departments, excellent Post Office department incorporating one fortress position, one combi position, two open positions, store room with two ATM machines, photo booth, internet cafe, twin cash out display. There is a self-contained apartment above the shop which comprises large lounge, fitted dining kitchen, five bedrooms, two bathrooms, gas central heating. The accommodation is rented out at £595 per calendar month. The accommodation would be available only on a freehold sale basis. EPC Band C.

Property Information

Property:

Leasehold

Contact Ernest Wilson Business Agents

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