Newsagents for sale in Tyne and Wear

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Newsagent and Off Licence in Tyne and Wear

Tyne and Wear, England

  • Freehold Price: £150,000
  • Leasehold Price: £35,000
  • Weekly Turnover: £7,000
Seller Reference: NB-C7794
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Business Description
 
 
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Seller Reference: NB-C7794
Request Details
Business Description
DOUBLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor, counter, electric cash register, shelving, glass topped chest deep freeze, 1 double door glass fronted display fridge (on loan from Coca Cola), 3 single door glass fronted display fridges (owned).

2 Stockrooms
Staff w.c.
Small kitchen

Situated in a parade of 3 shops, residential area, TYNE & WEAR

• ACCOMMODATION INCLUDED

The accommodation situated on the first floor, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted units

Turnover : £7,000 p.w. Wholesale newsbill £200 p.w.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £35,000 plus STOCK AT VALUAITON (£15,000 approx. canbe reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£15,000 approx. can be reduced).
SUBSTANTIAL MORTGAGE 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 : £35,000 Freehold : £150,000 (C7794)

www.NationwideBusinesses.co.uk

Trading hours:
Monday - Saturday inclusive - 8 a.m. - 10 p.m.
Sunday opening - 10 a.m. - 10 p.m.
Number of employees:
The business is at present operated under management. Staff employed 1 full time manager.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.
Tenure:
Leasehold, Freehold
Is accommodation included?:
The accommodation situated on the first floor, comprises:

2 Bedrooms (1 double, 1 single)
Bathroom with bath, w.c. and wash hand basin
Lounge
Kitchen with fitted unitsYard at rear with parking space for 1 car
Location Details:
Situated in a parade of 3 shops, residential area, TYNE & WEAR
Listed by:
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