 | News/Post Office - South Tyneside South Shields, Tyne and Wear, United Kingdom Advert ref: BP013 FINANCIAL DETAILS | Asking price: £195,000 Sales revenue: £12,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | Sales £12,000 weekly (£2,400 newsbill). Post Office Salary circa £43,000 p.a. Well established business. Parade location in a densely populated residential area. LEASEHOLD £195,000
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GENERAL INFORMATION | Years established: 27
Employees: The business is run by full time and part time members of staff. Wage bill £1,200 weekly.
Trading hours: Shop Post Office
Property: Leasehold
Lease terms
We are verbally informed that the premises are leasehold. Held on a Local Authority Lease. Current rental £5,500 per annum. Interested parties should seek legal confirmation of this.
Location
Located within a densely populated residential area just off the John Reid Road. Travelling east to west turn left onto Chesterton Road and then take second left onto Gaskell Avenue. The parade is on the left.
Reasons for selling
wish to pursue another commercial venture.
Financing available
We are able to refer interested parties to financial institutions for competitive quotes and products. Please ask for information when making a viewing appointment.
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The Business Partnership - North East | | | |
