Post Offices for sale in Tyne and Wear

View the "Post Office, Convenience & Off Licence / Sales £18,500" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Post Office, Convenience & Off Licence / Sales £18,500

Tyne and Wear, England

  • Leasehold Price: £180,000
  • Annual Turnover: £962,000
Seller Reference: 5762
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Business Description
Seller Reference: 5762
Request Details
Business Description
This Nisa Local branded business has been trading for over 30 years and has built a strong customer base together with good passing trade. The trading area is exceptionally well merchandised having had a full re-fit in 2015. Well laid out with a wide selection of alcohol, grocery & confectionery lines this is a one stop shop for many customers. The counter area has Post Office, Lottery and a good range of cigarettes & tobacco. The shop boasts strong sales circa. £18,500 per week with additional commissions of £11,000 from the Post Office and a further £7,500 Lottery commissions per annum.

The business is currently operated by the owner with an additional 3 contracted members of staff. The current leaseholder has no ties with Nisa, therefor any new purchaser would have the option to sign up to a new scheme.

Shop Dimensions
Trading Area 95.6m² (1,028f²)
Stockroom Area 37m² (398f²)

Gross Annual Income
£962,000

Annual Rent
£17,000

Rateable Value*
£5,600
* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) click here for more information

Premises Licence
The business is licensed to sell alcohol from 6:00am to 11:00pm

Post Office Commissions
Circa. £11,000 per annum

Commissions on Services
Lottery circa. £7,500 per annum

Staff Employed
Currently 3 contracted staff

Stock Value
Approx. £35,000-£40,000

Key Features:
Average weekly T/O £18,500
Post Office Income £900 per month
Lottery £5,000 per annum
Full refit 2015
No ties with Nisa
Genuine reason for sale
Trading hours:
Monday - Sunday 6:00am - 9:00pm
Tenure:
Leasehold
Location Details:
The property is in a prime location within a residential area of Sunderland on South Tyneside. Located towards the city and in close proximity to the A19 motorway the business is nearby local amenities. Parking is available outside the shop.
Listed by:
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