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Off License & Convenience, County Durham

£99,950

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
SIZE

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SECTOR

Convenience store for sale

Key features

  • Annual Post Office remuneration of £10,000
  • Prime trading position in this densely populated town
  • Retirement sale after over 15 years here
  • Showing adjusted net profits of £51,040

Description

POST OFFICE AND LICENSED CONVENIENCE STORE in Chester le Street for Sale.

A wonderful opportunity to acquire this long established Post Office and convenience store occupying a prime trading position within a busy shopping parade in this densely populated town in County Durham. Our client has operated the business since 2010 and is now seeking a well earned retirement. Weekly retail turnover £7,000 to £7,500 with an annual Post Office remuneration of £10,000. The business trades in easy hours over seven days with no early mornings or late evenings – fantastic potential for enthusiastic new owners to increase opening times and significantly boost turnover. Showing adjusted net profits of £51,040 prior to motor expenses and loan interest on accounts for year ended March 2025. The ground floor lock-up premises are held on a secure lease with low rent and comprise double fronted sales shop providing cash out facility and Post Office combi till, spacious walk round store. WC and large store room to rear. Potential to extend store into part of the stock room (subject to any necessary consents).
Stock £10,000.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

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That’s exactly what you’ll find at Ernest Wilson.

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Disclaimer - Property reference 591109. 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 Ernest Wilson & Co Limited, EW Leeds. 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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