Convenience Stores for sale in Tyne and Wear

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Convenience Store and Post Office in Tyne and Wear

Tyne and Wear, England

  • Leasehold Price: £20,000
  • Weekly Turnover: £2,000
Seller Reference: NB-G7894
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Business Description
 
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Seller Reference: NB-G7894
Request Details
Business Description
MEDIUM SIZED SALES SHOP. The equipment includes shelving, 2 open cool display units, 1 single door glass fronted display fridge (on loan), counter, electronic cash register. Post Office combination counter etc.

Stockroom
Staff w.c. & wash hand basin

End of terrace, residential area NEWCASTLE-UPON-TYNE

• ACCOMMODATION INCLUDED

The accommodation in the for of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy & provides a rental income of £500 per month, however we understand that vacant possession can be given on completion, if required. The FLAT comprises:

2 Bedrooms (1 double, 1 small double)
Bathroom with bath, w.c. & wash hand basin
Lounge with kitchen area

Turnover : £2,000/£2,500 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the post office income is in the region of £11,000 p.a. (including the rental income from an external ATM machine).

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £20,000 plus STOCK AT VALUATION (£2,500/£3,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Lease : £20,000 (G7894)

www.NationwideBusinesses.co.uk

Trading hours:
Monday - Friday inclusive - 8 a.m. - 6.30 p.m.
Saturday opening - 8 a.m. - 4 p.m.
Sunday opening - 8 a.m. - 3 p.m.
Number of employees:
The business is at present operated by the vendor with the assistance of 1 part time staff.
Tenure:
Leasehold
Is accommodation included?:
The accommodation in the for of a SELF CONTAINED FLAT over is at present let on a shorthold tenancy & provides a rental income of £500 per month, however we understand that vacant possession can be given on completion, if required. The FLAT comprises:

2 Bedrooms (1 double, 1 small double)
Bathroom with bath, w.c. & wash hand basin
Lounge with kitchen area
Location Details:
End of terrace, residential area NEWCASTLE-UPON-TYNE
Listed by:
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