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Londis & Rowlands Gill Post Office, Station Road, Rowlands Gill, Tyne And Wear, NE39 1PZ

£215,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • Weekly turnover circa £15,000
  • Post Office salary: £35,000 per annum
  • Rent £18,000 per annum
  • Ground floor lock-up
  • Off street parking
  • Busy main road location. Energy Rating B
  • Christie & Co Ref: 6411073

Description

Description

A rare opportunity to acquire a convenience store with strong retail turnover from the newsagents, cards & confectionery, and off licence together with Post Office in the heart of the community and for a ‘hands-on’ operator to increase trade by opening longer hours. The store benefits from being surrounded by residential properties and local tourist attractions, bringing customers to the area all year around and run by staff and a part-time husband and wife team.

Location

Situated in the heart of the community, close to the Gibside Park & National Trust site, also close by are a caravan park, takeaway, pub and ice cream parlour.

The store is approximately 10 miles east of Newcastle city centre, on the North East coast of England.

Internal Details

Spacious retail area with two gondola aisles, tiled flooring, suspended ceiling, and CCTV. Large open chiller for alcohol, one double chiller for cold meats, sandwiches and drinks, double ice-cream freezer, two freezers for frozen foods. Newspaper and magazine display, greeting card display and stationery, box crisp baskets, shelving display for confectionery. Sales counter with one cash registers, online lottery terminal, lottery scratch cards, tobacco gantry, vapes, pet food corner, coffee machine, slush machine and seasonal display.

Post Office:
There are two positions, one open and one screened.

A ground floor lock-up, circa1291 sqft.

Fixtures & Fittings

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

The Opportunity

The store has traded for 14 years under the current ownership when they purchased it via Christie & Co. Business is derived from traditional convenience sales including tobacco, alcohol, news and magazines, fresh, chilled and frozen foods, confectionary, snacks and soft drinks. Additional services include Lottery, PayPoint & Post Office remuneration of c. £35,000

The current seller has improved and renovated the store to its current modern fit out, set on the busy main road with passing trade.

Staff

The business is run by our clients with three full time and two part time members of staff.

Trading Information

Average weekly turnover of c. £15,000 and a Post Office salary of £35,000 pa.

Trading Hours

Monday to Saturday: 6:30am - 8:00pm
Sunday: 7:00am - 8:00pm

Tenure

Leasehold. A new 20 year lease will be granted at a passing rent of £18,000 per annum.

Business Rates

The Rateable Value is £10,500 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises licence.
The appointment of the National Lottery is at the sole discretion of Camelot Plc.
Transfer of a Post Office appointment is at the sole discretion of the Post Office Network.

Energy Performance Certificates

EPC 1

Brochures

Londis & Rowlands Gill Post Office, Station Road, Rowlands Gill, Tyne And Wear, NE39 1PZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blaydon Station3.4 miles
  • MetroCentre Station4.1 miles
  • Dunston Station4.5 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 6411073-lh. 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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