City Centre Convenience Store & Off Licence Store in Newcastle upon Tyne

  • Leasehold Price: £89,000
  • Weekly Turnover: £11,500
Newcastle-upon-Tyne, Tyne and Wear, England
Seller Ref:5848
For Sale

City Centre Convenience Store & Off Licence Store in Newcastle upon Tyne

Newcastle-upon-Tyne, Tyne and Wear, England
Seller Ref:5848
  • Leasehold Price: £89,000
  • Weekly Turnover: £11,500

Overview

Seller Ref: 5848

Description

Key Features
Weekly sales circa. £11,500
Busy city centre location
Very well established
Lottery & Paypoint services
Close to local amenities

Business
This well established business is fully equipped for the sale of general convenience goods, frozen and chilled products, cigarettes, confectionery and off licence goods. F&F’s include a 3.5m chiller, 1m dairy chiller, 1m drinks chiller, 3 x 2m chest freezers and 6m alcohol chiller.

Established for over 30 years with the current owner running the business since 2006, this is a retirement sale and provides a good opportunity for a new owner.

Business Rent
£17,000

Rateable Value
£16,500
Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay

On-Site Services
Lottery & Paypoint Services

Staff Employed
Owner run with 2 part time staff members

Premises Licence
Monday to Saturday 8:00am-11:00pm
Sunday 10:00am-11:00pm

Property Type
A1 Retail

Tenure
Leasehold only

Lease Terms
New lease terms available

Shop Dimensions
Trading Area: 96.1m² (1,034ft²)
Stockroom Area including Kitchen & Toilet: 37.4m² (403ft²)

Total 133.5m² (1,437ft²)

Disclaimer Notice
The financial information shown within the advertisement has been provided to us by the vendor of the business. A1 Businesses for Sale can offer no guarantee as to the authenticity of any information provided to us. Please see our disclaimer page for more details.

Viewings
Any viewings for the business and/or property are to be made strictly by appointment only through A1 Businesses for Sale. No approach should be made directly to the owner or any of their employees.

Leasehold Terms:
25 year lease commencement 2006
Trading Hours:
Monday to Saturday 8:00am-11:00pmSunday 10:00am-11:00pm
Number of Employees:
2
Location Details:
The business premises is prominently located on Westgate Road in the west end of the city of Newcastle upon Tyne. Situated in a densely populated residential area alongside other businesses and within close proximity to many local amenities.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA
Website address:
https://a1businesses.co.uk/property/5848/

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