- Business ID:3044
- Price: £59,950+SAV
- Annual Turnover: £68,000
- Business Category: Post Offices
- Location: Tyne & Wear
- Tenure: Leasehold
- Living Accommodation: No
- EPC Rating: B
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
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