Post Office for sale

East Street, Sunderland, Tyne And Wear, SR6

Guide Price £265,000

Property Description

Commercial information

  • Business for sale

Key features

  • Lucrative post office/ national lottery/ convenience store (non licensed)
  • PO salary 17,350 per annum, WT 2,700, N/S 1,000
  • Prime trading position, village centre, spacious commercial unit
  • Neatly fitted, owner retiring, rare opportunity, viewing highly recommended

Full description

Tenure: Freehold

DESCRIPTION
This is a rare opportunity to purchase a lucrative post office/non-licensed convenience store, which is located in the desirable village of Whitburn which lies to the North of Sunderland in Tyne and Wear.

Shirley's occupies a prime trading position on a busy main road at the heart of the village, amongst a number of other local businesses with quality residential dwellings in the immediate vicinity, ensuring the business attracts high levels of regular local and passing trade throughout the day.

Having served the locality for many years, this heavily relied upon business has forged strong relationships with the local community and therefore boasts an extensive and loyal customer base.

Shirley's operates from a highly visible and imposing double fronted commercial unit, offering a deceptively spacious and versatile retail space across two floors.
The good size sales area is neatly fitted with a good range of fixtures and fitments, creating a bright and welcoming environment.

The business retails a range of newspaper and magazine titles, greetings cards, confectionery, tobacco products, soft drinks, groceries, national lottery and a selection of hardware lines, as well as offering the usual post office local services with the added benefit of a heavily used external ATM.

Shirley's is a thriving and highly lucrative business, yet still offers genuine scope for future growth and development. With this in mind, the business represents an ideal purchase for a family unit who have the opportunity to significantly extend the trading hours, introduce an off licence, a wider range of convenience lines, sandwiches and dairy products, as well frozen foods.

These additions will significantly increase the already healthy trading figures, whilst ultimately enhancing the overall profitability of the business.

To fully appreciate this excellent business which is only now being offered for sale due to retirement, a viewing is strongly recommended to avoid disappointment.

WEEKLY SALES
Currently shop sales average 2,700 approximately.

POST OFFICE SALARY
Annual PO income approximates to 17,354 excluding National Lottery Commission.

LOTTO
Weekly lottery sales approximate to 2,500.

OTHER
News sheet 1,000.

ACCOUNTS
Available accounts are to year end 30th November and are summarised below:
2015 - Sales 141,271 GP 25,615

TRADING HOURS
Monday - Saturday 06:00 - 17:30
Sunday 06:00 - 12:30

STAFF
Managed by the owners with 1 part time member of staff.

PROPERTY
The highly visible and imposing double fronted commercial property, offers a deceptively spacious and versatile business accommodation over 2 floors.

TRADING AREAS
The spacious sales area is light and airy with a good range of fixtures and fittings, creating a welcoming environment. There is also an office, a stockroom, a kitchenette and a staff toilet. To the first floor of the property there is an additional retail area, which is currently not utilised, an office and a storage area. Externally there is parking available for one car.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is available as a freehold.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This is an excellent opportunity to purchase a successful business, with fantastic potential for future growth which is only now being offered for sale due to retirement. To avoid disappointment, a viewing is highly recommended.

More information from this agent

Nearest stations

  • Seaburn (1.3 mi)
  • East Boldon (2.2 mi)
  • Stadium of Light (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Seaburn (1.3 mi)
  • East Boldon (2.2 mi)
  • Stadium of Light (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Kings Business Transfer, 7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399199 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 44921. 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 ALTIUS GROUP LIMITED, Kings. 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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