£89,000

Retail premises for sale

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Business
Retirement

Fixed price

£89,000

(£66.11/sq. ft)

Retail premises for sale

Westgate Road, Newcastle Upon Tyne NE4

1,437 sq. ft

Local area information

Property location

Nearby amenities

  • Trinity Academy Newcastle 0.2 miles
  • Wingrove Primary School 0.2 miles
  • MetroCentre 1.3 miles
  • Newcastle 1.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Newcastle to find out more about the area.

Features and description

  • City Centre Convenience Store & Off Licence Store in Newcastle upon Tyne
  • Leasehold Price £89,000
  • Business Annual Rent £17,000
  • Weekly sales circa. £11,500
  • Busy city centre location
  • Very well established
  • Close to local amenities
City Centre Convenience Store & Off Licence Store in Newcastle upon Tyne

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

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.

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

Trading Hours
Monday to Saturday 8:00am-11:00pm
Sunday 10:00am-11:00pm

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

Property Type
A1 Retail

Lease Terms
New lease terms available

Tenure
Leasehold only

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.

More information

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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.

  1. Zoopla
  2. Commercial for sale
  3. Tyne & Wear
  4. Newcastle upon Tyne
  5. West Road

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