retail in NE31

Finchale Road, Hebburn, Tyne and Wear, NE31 2JT

£30,000

Alternatively call 0191 580 1587 or email commercial@pattinson.co.uk

  • Post Office Business For Sale
  • Fixture and Fittings Included With Sale
  • Prominent Position
  • By way of an assignment of lease
  • NIA 42.7m2 (460 sq ft)

retail in NE31

POST OFFICE BUSINESS FOR SALE!!!!

The subject premises is a busy profitable post office located in Hebburn, South Tyneside. We are pleased to offer to the market this post office business for sale, 'Finchale Road Newsagents'. The business occupies a ground floor unit ideally located along Finchale Road retail parade, Hebburn. The business has been successfully established for many years and generated sales of over £100,000 and post office salary of £24,000 for the year ending Febuary 2022. All fixtures and fittings are to be included in the sale. Further business details and full accounts can be provided upon serious enquiry.

Summary

  • Property Type: Retail
  • Tenure: Leasehold
  • Parking: On Street

Location

The subject property is well located along Finchale Road. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 1.8 miles from Hebburn town centre and approximately 6.7 miles from Newcastle city centre.

Accommodation

Retial area 4.3 x 6.7m, storage area 3.9 x 3.3m and WC facilities. NIA approximately 42.7 m2 (460 sq ft).

Business Details

The subject business is operating as 'Finchale Road Newsagents', a long-established post office serving a wide catchment area. The business benefits from lottery, stationery, newspapers, cards and sweets, Fixtures and fittings are to be included in the sale. This is a post office benefiting from an open plan till position, as well as a spacious sorting/stock room, kitchen and WC facilities. Accounts available upon serious request.

Lease Details

By way of an assignment of lease. We are advised a six year term was agreed on Nov 21 at an annual rent of £3,380.

Rateable Value

The adopted rateable value is £2,250 as of 1st April 2017.

Sourced from VOA.

EPC

Available upon request (rating D).

Additional Information

For further information please contact our office direct on 0191 737 1154, or alternatively via e-mail on commercial@pattinson.co.uk. With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.