Leasehold option available on business only or business/house. Local Plus Post Office with modern Convenience Store. Beautifully presented 4 bed/3 bathroom owners accommodation. Both shop and house immaculately presented throughout. Profitable retail opportunity with healthy profits in attractive coastal village setting. Alcohol licence valid from 6.00am to 11pm, seven days a week. Currently trades 6 days and closes at 7pm daily. Potential for extended trading.
This Post Office Shop and family home is located in the coastal village of Ryhope in Tyne and Wear, north-east England. Ryhope is situated towards the southern boundary of Tyne and Wear with the city of Sunderland approximately 3 miles to the north and Seaham 3 miles to the south.
Our client has owned and operated Ryhope Village Post Office and Convenience Store for approximately 9½ years now, during which time they have invested heavily by way of extending the property, carrying out a major refit and also modernising the living accommodation.
Both the commercial premises and the owners accommodation are immaculately presented throughout and in genuine walk-in condition.
Our client has reluctantly placed the property on the market for personal reasons and it would ideally suit both an experienced operator or someone new to the retail scene looking for a business with no immediate expenditure required.
The current owner chooses to trade only six days per week closing on a Sunday and unusually for a licenced Convenience Store, closes at 7.00pm on the other six days. There is definitely scope for these hours to be extended should the new owner wish to do so.
Trading as a Local Plus Post Office alongside the well stocked licensed Convenience Store side offering all the usual range of products.
Trading hours:
Monday to Saturday 7.00am – 7.00pmSunday CLOSED.
Number of employees:
The business is run by the owner along with 4 p/t staff.
Tenure:
Leasehold, Freehold
Is accommodation included?:
The house has independent access from the front whilst access can also be made from behind the Post Office counter. Accommodation on the ground floor comprises bathroom/utility room, lounge (front facing with large bay window), kitchen/dining room with patio doors leading to rear garden. Accommodation on the first floor comprises a large first floor landing opening out into 4 good sized bedrooms, one of which is ensuite, separate w/c and bathroom with shower cubicle.
Location Details:
This Post Office Shop and family home is located in the coastal village of Ryhope in Tyne and Wear, north-east England. Ryhope is situated towards the southern boundary of Tyne and Wear with the city of Sunderland approximately 3 miles to the north and Seaham 3 miles to the south.
The main A19 routing is reachable within a few minutes drive which links the A1(M) giving good road access to both the surrounding areas and further afield.
Leasehold Term:
Our client would consider leasing the retail premises at an initial rental of £10,000 per annum. A premium of £99,000 is sought for the goodwill of the business. The house is also available if required at a rental of £825 per month.
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