A well established convenience store, newsagent & off licence leasehold business for sale in Blaydon near Newcastle-upon-Tyne.
This well established business has a loyal customer base derived from its firmly rooted values in good friendly customer service. The shop has a regular news round which delivers newspapers to the community. Located in a densely populated area of the town, the shop is well positioned in the community and central to a hub of numerous other local businesses and amenities.
Upstairs area consists of a large and three room suites and three more offices, two toilets and a kitchen. Rental income is approximately £1,200 per calendar month.
The shop floor comprises of a good sized trading area and re-fitted to a high standard 2 x 2m open chillers, a 2m chest freezer and display gondolas. Ancillary areas include an office space, 3 stockrooms, W.C. and rear delivery access. The business further benefits from car parking outside the shop. The business has been established since 1937 and run by the current owners’ family since.
Shop Trading Area: 83 m² (893 ft²)
Stockroom Area: 62.6 m² (674 ft²)
Rental income from offices upstairs
Current rateable value £7,100
(Business rates relief available please see below *)
* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay)
Fixtures & Fittings Approximate Value
Annual Net Profit
Available on Request
The premises has a licence to sell alcohol
Owner & 6 members of staff
Annual Commissions on Services
Parcel Collection £1,200
Cash Machine £924
Stock Value Estimated
£30,000 – £35,000
• Well established business
• Close to local amenities
• Popular town location
• Established for over 80 yrs
Monday – Saturday 6:30 am – 7:30 pm Sunday 7:00 am – 7:00 pm
The business is located in the centre of Blaydon-on-Tyne situated next to other local businesses and local amenities.