Established Licensed Post Office And Newsagents In Durham For Sale

Business description

• Established Licensed Newsagents & Post Office
• Prime location – heavily populated area
• Scope for full convenience offer & longer hours
• Shop turnover currently £3,450 per week
• Post Office remuneration £23,000 per annum

Property information

Property:

Leasehold

Lease terms:

£11,000 per annum exclusive of rates, service charge and VAT (if applicable) 15 year lease from May 2002 with further rent reviews in 2011 and 2014

Leasehold rent:

£11,000 per annum

Living accommodation:

The premises are lock up and there is no owners living accommodation.

Location:

This business benefits from a prime location in a local shopping parade in the heart of Woodham Village – a well established residential area within Newton Aycliffe. The parade benefits from a number of complementary outlets including a public house, hairdressers, dentists and takeaways. The premises are highly visible from Woodham Way and there is ample free public car parking to the rear of the shops.

Premises details:

The business is located entirely on the ground floor of a purpose built unit in a parade of similarly constructed shops.

The main entrance gives access to a well equipped trading area with counter, various gondola shelving units, magazine and confectionery display and refrigerators. There is a two position post office at the rear of the store.

The premises are fully alarmed and benefit from security grilles to the shop front and elsewhere. The shop floor is tiled and is illuminated by fluorescent strip lights.

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday, Tuesday, Thursday, Friday: 5.30am-8.00pm;
Wednesday, Saturday & Sunday: 5.30am-12.30pm