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Chirton Post Office, 28 Front Street, Chirton, North Shields, United Kingdom, NE29 7QW

£109,500

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Post office for sale

Key features

  • Post Office income £40,342
  • Retail sales with high profit margin
  • Perfect first time business for family
  • Located on busy shopping parade
  • Modern fit out inside
  • Parking opposite. Energy Rating F
  • Christie & Co Ref: 6411002

Description

Description

A Mains Post Office with external cash machine, stationery, greeting cards, Lottery terminal and scratch cards.

This is an excellent business for a first time operator, single person or couple - training provided.

Location

Located on a highly visible shopping parade with a mixture of complementary businesses including convenience store, hot food takeaways, petrol station to mention a few. High levels of pedestrian traffic from residents of local authority and private housing estates surrounding the parade also with a busy road to the front with lay-by parking.

North Shields is located near Wallsend and Tynemouth to the east of Newcastle upon Tyne.

Internal Details

Modern well fitted Mains Post Office with slat walling for display purposes, two screened Post Office counters and open counter with Horizon system at the retail area. Shelving for display of essential items and selection of toys, baby clothing, gifts, upright soft drinks chiller, greetings cards, wide selection of stationery and similar products, all with good margins . External ATM cash machine.

Non-slip floor, modern suspended ceiling and CCTV.

Ancillary Areas
Staff kitchen facility with sink
Toilets

To the rear is a garage.

This is the ground floor area only of a two-storey mid-terraced property. There is no accommodation.

The Opportunity

Our client purchased the business through Christie & Co over 15 years ago and is now looking to sell due to health reasons otherwise this business would have remained with our client for the foreseeable future and is an enjoyable business and profitable in the right hands. It presents an excellent opportunity for someone who is looking to purchase their first business working fairly standard office hours compared to many other owner operated businesses. A new owner may wish to alter the type of stock for sale on the retail side and introduce essential items such as tea, coffee and bread etc.

Scope exists to extend the shop into the yard at the rear as have other businesses in this parade (subject to planning). This would enable the buyer to increase the shop offering more convenience and other products.

Staff

Our client runs the business together with two part-time members of staff.

Trading Information

Post office income for year ending 2022 was £40,342, retail sales of £20,676, combined adjusted net profit including shop and post office after costs, £43,908.

Trading Hours

Monday & Tuesday: 8.45am - 5pm
Wednesday to Friday: 9am - 5pm
Saturday: 9.00am - 12.30pm

Extended hours are an option for a new operator if they wish to introduce new retail products for sale.

Energy Performance Certificates

EPC 1

Brochures

Chirton Post Office, 28 Front Street, Chirton, North Shields, United Kingdom, NE29 7QW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Meadow Well Metro Station0.4 miles
  • North Shields Metro Station0.8 miles
  • Percy Main Metro Station0.8 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Retail

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco

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Notes

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Disclaimer - Property reference 6411002-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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