Post Office and Convenience Store with 4 Bedroom Property in Gateshead Tyne and Wear
Gateshead, Tyne and Wear
- Status
FOR SALE
- Advert ID
656841
- Reference
6118 / Rightbiz
- Call Agent:
- Leasehold: £150,000 (Stock at valuation)
- or
- Freehold: £400,000 (Stock at valuation)
- Rent: £21,000 (£1,750 per month)
- Turnover: £505,336 (£9,718 per week)
- Profit: On request
Business Details
Post Office, Convenience Store & Off Licence with a 4 Bedroom Property, Gateshead
Key Features
- Weekly Sales £9,718 (12/5/26 to 5/7/26)
- Freehold and Leasehold
- Post Office Commissions circa. £32,000 (TBC)
- First floor flat incorporating 4 bedrooms, lounge, kitchen and bathroom
- Lottery Commissions Income circa. £3,600
- New Lease 15-20 years available
Viewings
Any viewings for the business and/or property are by appointment only. Under no circumstances should any direct approach be made to the owner or their employees.
The Location
The location serves as a vital community hub in the Bensham area, combining daily grocery shopping with the Post Office. The immediate area features a diverse and densely populated neighbourhood. The surrounding blocks host a varied mix of businesses, including independent grocers, bakeries, clothing outlets, local retail shops and eateries. Coatsworth Road intersects directly with Bensham Road (B1426) just a short distance north, providing a direct link straight into Gateshead town centre and toward the A1(M). bus stops situated along Coatsworth Road and Bensham Road, offering frequent, direct services to the nearby Gateshead Interchange (for quick access to the Tyne & Wear Metro network) and across into Newcastle city centre.
Business Opportunity
Operates as both a Premier convenience store and the Coatsworth Road Post Office. The building itself houses the convenience store and Post Office, making everyday mailing and retail services instantly accessible. A fantastic opportunity to acquire a dual-income business combining a modern Premier branded convenience store, off-licence, and an integrated Post Office. Currently under owner-operation for the past year with no contracted staff to inherit, this turn-key business offers an exceptional baseline of secure revenue alongside a spacious, 4-bedroom residential property on the upper floor
The proposed lease structure provides strong operational security with a total annual rent of £21,000, breaking down to £1,750 per month.
Annual Rent: £21,000
Rent Living Premises: £9,600
Business Premises: £11,400
Rateable Value: £5,400
The rateable value is used to calculate your rates bill so this is not the amount you will pay
Business Premises
Ground Floor Business Premises comprises a bright high specification fully-fitted retail zone optimised for high-volume footfall, internal storage space, and customer/staff toilet facilities.
Living Premises
First floor living premises incorporate a 4 bedroom residential flat incorporating a lounge, a dedicated kitchen, and a family bathroom—ideal for an owner-operator family or to generate secondary rental income. Combining generous proportions with a highly functional layout, this first-floor premier flat serves perfectly as a comfortable private residence for an owner-operator or as a high-yield asset generating robust secondary rental income.
F&Fs
8 door standing chiller
3 x 4 door standing chiller
6 door standing freezer
Employees
Owner run. No TUPE applies.
EPC Rating
EPC Rating ‘D’ valid until 29 August 2034
Trading Hours
Monday to Sunday 8:00am to 10:00pm
Premises Licence Hours
Monday to Sunday 6:00am to 11:00pm
Additional Services
Post Office Commissions Annual: £32,000
Lottery Annual Commissions: £3,640
Property Type
A1/A2 Retail and Financial/Professional Services
Tenure
Leasehold
Business Measurements
Total Ground floor retail zone 78m2
Disclaimer Notice
The information shown for the business is based on a site assessment and financial documentation provided to us, A1 Businesses Ltd. by the vendor. We have been informed by the vendor that the financial information provided to us is correct and reliable at the time of marketing. We, A1 Businesses Ltd cannot accept liability as to the accuracy of this information and advise any interested parties to make their own enquires in order to satisfy themselves that all information provided, particularly financial, is satisfactory before making any commitment to purchase the business.
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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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.
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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.
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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.'.
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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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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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