Established Post Office and Newsagent with Freehold Premises in Sunderland for Sale, Upstairs Living Space
Sunderland, Tyne and Wear
- Status
FOR SALE
- Advert ID
615873
- Reference
5888 / Rightbiz
- Call Agent:
- Leasehold: £15,000 (Stock at valuation)
- or
- Freehold: £185,000 (Stock at valuation)
- Rent: £15,000 (£1,250 per month)
- Turnover: £77,000 (£1,481 per week)
- Profit: On request
Key Features
- Price Reduced
- Established Business
- Price Further Reduced
- Attractive Business
Business Details
Post Office and Newsagent 2 Storey Freehold or Leasehold Premises in Sunderland Price Reduced
Key Features
- Post Office comm. £18,770 (annual)
- Weekly sales £1,478 (avg. 6 mths)
- Freehold & Leasehold Opportunity
- Lottery commissions
- Dense residential area
- Coastal location
Viewings
Any viewings for the business and/or property are to be made strictly by appointment only and no approach should be made directly to the owner or any of their employees.
Location
The premises is located in the village of Whitburn within the borough of Sunderland in the North East of England and lies 1/3 of a mile from the City Centre and 1 mile from the east coast and halfway between South Shields and Sunderland. There are parking restrictions to the front of the shop, however short term parking is available nearby.
Business Description
This well established post office and newsagent is prominently located on the main street within a residential area and within close proximity to all local amenities. The business is equipped for the sale of all newspapers and magazines, cigarettes, confectionery and general convenience goods including grocery, household and stationery items.
The Premises
The business premises is located on the ground floor incorporating the trading area with rear access to ancillary areas including internal storage and W.C. Access to the first floor is via the internal stairway leading to an open plan room with a room to the rear.
Opportunity
The first floor area is currently used for storage but with suitable planning permission could be developed into living premises. The owner is not local and not involved with running the business and hence does not have the means to develop the business further hence the sale. There is scope to further increase revenue by introducing alcohol, vapes and additional grocery lines including dairy and frozen goods.
Fixtures & Fittings
1.5m Pepsi Max drinks chiller and 1m chest freezer.
Staff Employed
1 full time employee and 1 paperboy
Trading Hours
Mon-Friday 6am-6pm
Saturday 8am-3pm
Sunday 8am-12pm
Premises Licence
No Premises license
Property Type
A1 Retail
Tenure
Freehold and Leasehold
Lease Terms
New lease terms available
Living Premises
No current living premises. New owner would have to develop the premises into accommodation.
Premises measurements
Total area 180m² (1,936ft²)
EPC
Rating C valid until 24 August 2027
Disclaimer Notice
Any financial information shown for the business shown is based on verbal information provided by the vendor. A1 Businesses for Sale makes no warranty as to the accuracy of this information and advise that any interested parties make the relevant enquires to satisfy themselves of any particulars related to the sale.
All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale). See our disclaimer page for more details.
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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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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
Contact seller
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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