Newsagents for sale in Durham

View the "STOCKTON - Post Office & Newsagents" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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Imran Ahmed (Nov 2014)
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Leasehold Price: £158,995 Price Reduced
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Business Description
PO Commission Approx £82,000
Weekly Takings Approx £6,200
Lease Includes 2 Bed Accomm
Annual Rental Income From Flat £5,400
Exceptional Trading Location
EPC - C

Blacks Brokers are delighted to bring to the market this long established, highly profitable Post Office and newsagents business in Stockton-On-Tees.

Rimswell Newsagents and Post Office has been trading for more than 30 years and our client has been in ownership since 2008. The business is very much part of the local community and has a very large customer base of local residents, business owners and employees in addition to passers-by and shoppers. Offered for sale now in order for our client to pursue other business interests, we have this exceptional opportunity for a new owner to take on this busy and well known business.



This large, glass fronted shop unit is located within Rimswell Parade, this is a busy and popular shopping parade which consists of other businesses and benefits from free off road parking for up to 27 cars. The shop had a major refit in 2014 and is branded with the usual Post Office signage. There is a main retail area, stocked well with newsagent products including cards, gifts, wrapping etc. To the rear of the shop is the Post Office area, with 3 counters. All areas are well presented with wooden flooring and modern lighting.



On the first floor of the building is a large, 2 bedroomed accommodation. This is included in the lease and currently brings an additional £5,400 annually on a sub-let. The flat comprises of two double bedrooms, a kitchen/diner, lounge and bathroom.



This business is an ideal opportunity for a new buyer to take on this busy Post Office and Newagents with a Post Office Commission of £82,000 and Newsagents weekly takings of £6,200. We feel this proposition would suit a hands on owner/operator with enough time to dedicate to this business and to drive it forward even more. Viewings are essential, call our sales team now on 0161 763 5000 to book an appointment as no one is to contact the business directly.

Fixtures:
2 Upright Chiller Units

EPOS System

3 Post Office Terminals

Gondola Shelving Units
Trading Hours:


MON: 06:30 - 17:30
TUE: 06:30 - 17:30
WED: 06:30 - 19:30
THU: 06:30 - 17:30
FRI: 06:30 - 17:30
SAT: 06:30 - 19:30
SUN: 06:30 - 12:00


Tenure: Leasehold

Accommodation Details:

Main Retail Area
Open Plan counter: can be used from 06:30 onward
Post Office Area With 3 Counters
2 Double Bedrooms
Kitchen/Diner
Lounge
Bathroom


Location Details: Stockton- on-tees

Leasehold Term: Rent: £13,750 per annum

Downloadable Documents

Listed by: Blacks Business Brokers Limited
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