£99,950
Retail premises for saleOff License & Convenience DH2, County Durham
Business
Leasehold
About this property
Annual Post Office remuneration of £10,000
Prime trading position in this densely populated town
Retirement sale after over 15 years here
Showing adjusted net profits of £51,040
Post office and licensed convenience store in Chester le Street for Sale.
A wonderful opportunity to acquire this long established Post Office and convenience store occupying a prime trading position within a busy shopping parade in this densely populated town in County Durham. Our client has operated the business since 2010 and is now seeking a well earned retirement. Weekly retail turnover £7,000 to £7,500 with an annual Post Office remuneration of £10,000. The business trades in easy hours over seven days with no early mornings or late evenings – fantastic potential for enthusiastic new owners to increase opening times and significantly boost turnover. Showing adjusted net profits of £51,040 prior to motor expenses and loan interest on accounts for year ended March 2025. The ground floor lock-up premises are held on a secure lease with low rent and comprise double fronted sales shop providing cash out facility and Post Office combi till, spacious walk round store. WC and large store room to rear. Potential to extend store into part of the stock room (subject to any necessary consents).
Stock £10,000.
A wonderful opportunity to acquire this long established Post Office and convenience store occupying a prime trading position within a busy shopping parade in this densely populated town in County Durham. Our client has operated the business since 2010 and is now seeking a well earned retirement. Weekly retail turnover £7,000 to £7,500 with an annual Post Office remuneration of £10,000. The business trades in easy hours over seven days with no early mornings or late evenings – fantastic potential for enthusiastic new owners to increase opening times and significantly boost turnover. Showing adjusted net profits of £51,040 prior to motor expenses and loan interest on accounts for year ended March 2025. The ground floor lock-up premises are held on a secure lease with low rent and comprise double fronted sales shop providing cash out facility and Post Office combi till, spacious walk round store. WC and large store room to rear. Potential to extend store into part of the stock room (subject to any necessary consents).
Stock £10,000.
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