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Property Listing Details

Property details

  • Floor area 1,167 sq. ft

Features

  • High turnover business
  • 25 year lease
  • Vibrant suburban location
  • Lottery & Pay Point
  • Epos till system & CCTV
  • Convenience Store & Off Licence
  • Leasehold business for sale

Listing view statistics

Last 30 days: 34 page views

Since listed: 537 page views

Description

Profitable Costcutter Convenience Store & Off Licence in Newcastle upon Tyne. The shop is situated on a busy high street alongside other businesses and benefits from a firm customer base and strong yearly turnover. The densely merchandised trading area is 860ft² with 2 central gondolas. Fixtures &fitting’s include 2m and 3.8m wine chillers, 2 x 1.8m drinks chillers & 2.3m freezer. The business has epos till system, Lottery & PayPoint and internal cash machine. The business is mainly self run and the current owner is selling due to other commitments.

Gross Annual Income
£832,000

Annual Rent
£14,000

Rateable Value*
£6,400
* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) click here for more information
Current Lease Term

Premises Licence
The premises has a licence to sell alcohol

Stock Value Estimated
£30,000

Shop Measurements
Retail Area 80 m² (860ft²)
Storerooms 28.5 m² (307 ft²) with rear access

Key Features:
High Turnover
25 year Lease
Busy Location
Lottery & Pay Point
CCTV system

Trading hours: Monday – Thursday 8am – 8:30pm
Friday – Saturday 8am – 9pm
Sunday 9am – 8pm

Location Details:Located on a busy street in an eastern suburban area of Newcastle upon Tyne in the North of England. The business is close to local amenities and generates a steady income.

Map & Nearby

Local Amenities

  • Heworth 1.6 miles
  • Manors 1.7 miles
  • Welbeck Academy 0.2 miles
  • St Lawrence's RC Primary School 0.5 miles

Local map of the area

Map View Map showing location of property

Local Amenities

  • Heworth 1.6 miles
  • Manors 1.7 miles
  • Welbeck Academy 0.2 miles
  • St Lawrence's RC Primary School 0.5 miles
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Property descriptions and related information displayed on this page are marketing materials provided by A1 BUSINESSES FOR SALE. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact A1 BUSINESSES FOR SALE for full details and further information.