Retail premises for sale in Fairfield Crescent, Gateshead NE10, £140,000

140,000.00

Offer Nr.:
59071018
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Cornerstone Business Agents
Phone(s):
0131 268 8358

Freehold Mains Post Office. Good retail area c. 700 square feet. Retirement
sale after 25 years ownership. Family run plus one other staff member. Scope
to develop and expand retail offering. Main street location.
This Mains Post Office is located on Fairfield Terrace in Pelaw, a heavily
populated residential area at the eastern edge of Gateshead, Tyne and Wear.
Newcastle upon Tyne is just 4 miles to the north west, with Sunderland 11
miles to the south east and Durham 17 miles to the South.
The northern border of Pelaw sits on the banks of the River Tyne with the main
A185 routing running through Pelaw which is where most of the commercial
businesses are located including the Post Office. There are two large car
parks opposite the property and it is also located close to the Metro.
Our client has owned and operated Pelaw Post office since 1996. He moved the
business into its current premises in 2009 when the opportunity to buy the
freehold arose.
Trading as a traditional Mains Post Office offering all the usual services
this three counter office also has good retail space to offer a varied
selection of products. Along with a wide range of greeting cards, stationary,
toys and games and gifts, our client also offers soft drinks, crisps and
confectionary.
An external cash machine is in place and lotto is also available. There is
certainly potential to expand on what is currently on offer on the retail side
with the space available in the premises.
Our client runs the business with his son and 1 additional staff member on
normal Post Office trading hours.

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