Summary - Off License & Convenience, County Durham DH2 2JP
1 bed 1 bath Convenience Store
Turn-key Post Office and convenience store with strong profits and growth potential..
- Long-established Post Office and convenience store, trading since 2010
- Adjusted net profits £51,040 (year to March 2025)
- Weekly retail turnover c. £7,000–£7,500
- Annual Post Office remuneration £10,000
- Secure leasehold premises with low rent
- Ground-floor double-fronted sales area and large rear storeroom
- Sale price £89,950; stock at £10,000 included
- Extension potential subject to consents; leasehold transfer costs possible
Established Post Office and convenience store in a prime, high-footfall parade in Chester-le-Street. The business posts adjusted net profits of £51,040 (year ended March 2025) with weekly retail turnover of approximately £7,000–£7,500 and annual Post Office remuneration of £10,000. The single-level, double-fronted ground-floor premises include a sales area, cash-out/Post Office combi till, walk-round store, large rear storeroom and WC.
Held on a secure lease with low rent and offered as a retirement sale after more than 15 years of continuous trading. The business currently trades easy hours over seven days (no very early mornings or late evenings), presenting straightforward scope to increase opening hours and staffing to materially boost takings. Stock at sale is stated as £10,000.
Practical considerations: the sale is leasehold and any physical extension of the sales area would require necessary consents. New owners should allow for takeover-related costs such as potential changes to staffing, lease assignment fees and any Post Office transfer requirements. Overall this is a turn-key, well-located retail business suited to an investor or owner-operator seeking immediate cashflow with clear growth potential.
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