Main Town Centre Post Office in Tyne & Wear Area Up for Sale, Expansion Potential
Undisclosed, Tyne and Wear
- Status
FOR SALE
- Date Submitted:
18/04/24
- Advert ID
610015
- Reference
3044 / Rightbiz
- Call Agent:
- Leasehold: £59,950 (Stock at valuation)
- Turnover: N/A
- Net Profit: Not Applicable
Key Features
- Town Centre location
- Potential for Alternative Use
- Offers Invited
- Prime Location
- Established Business
- Accounts Available
Business Details
Main Town Centre Post Office For Sale Tyne & Wear Area
Discover an outstanding business opportunity with the sale of this Post Office, located in a bustling town, Tyne & Wear. This well-established branch sits on a high-visibility corner of the main high street, complemented by ample roadside parking—a draw for both commercial and residential customers.
We are advised by our client that the branch is on the cusp of exciting developments, having been put forward to become a Banking Hub, with a decision expected very soon. In anticipation, a full refurbishment of the retail area, which spans 77.19 m², is planned to modernise and enhance service capabilities. This strategic update promises to elevate customer experience and expand service offerings.
The operation of the business demands minimal oversight from the owner, thanks to the efficient management by four competent part-time staff members. This ease of management makes it an attractive prospect for those looking for an investment that doesn’t require day-to-day involvement.
Currently, the Post Office operates from 09:00 to 17:00 Monday through Friday and from 09:00 to 13:00 on Saturdays, providing a good work-life balance. Additionally, there is significant potential to expand into alcohol sales (STPP) and further develop the convenience sales aspect of the business, offering numerous avenues for growth.
This sale represents a unique chance to acquire a key community asset with vast potential for expansion and improvement. If you’re seeking to invest in a turnkey operation within a thriving community, this Post Office presents a perfect opportunity. For more information or to arrange a viewing, please contact our office.
- Vast scope to increase turnover
- Prime town centre location
- Ample customer parking
- Proposal for Banking Hub status
- Genuine reason for sale
Contact Agent
Listing Statistics
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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