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No longer on the market

This property is no longer on the market

Retail property (high street)

Sold STC
Retail property (high street)
460
Added > 14 days

Features and description

  • 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)
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.

Rooms

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).

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About this agent

Pattinson - Commercial
Pattinson - Commercial
2 Hill Street, Gateshead Tyne and Wear NE8 2AS
0191 392 0913
Full profileProperty listings
Pattinson Estate Agency is an award-winning family-run business that was Launched in 1977 on Independence Day. This is no coincidence, as independence is central to our company ethos. We are the most recognised estate agency in the North East, and in that time we have grown from 1 office to 28, with 300 members of staff, and we officially sell more properties in the North East, than any other estate agency. However, we don’t just sell houses! Our many property services include sales, lettings (property management), auction, commercial, financial services, conveyance and surveys, and we have it all under one roof! We can be contacted 6 days a week at extended hours, as we have a dedicated Regional Team who take the overspill calls from our 28 branches, so all client relationships are built and maintained. At Pattinsons, we are innovative leaders in the property industry, with pro-active selling, a reliable reputation, and substantial repeat business. Our national secure sale department, ‘Pattinson Auction’, was launched 33 years ago, and is going from strength to strength. As serious players in the field of digital marketing, we successfully utilise the social media platforms TikTok, Facebook and Instagram as part of our extensive marketing process. We have a wealth of knowledge and an expansive network to help find the best solution for you and your property requirements. You can trust Pattinsons, the North East’s leading estate agency.
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