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News, Convenience & Off Licence with 3 Bedroom Flat

Jarrow, Tyne & Wear

£15,000 Leasehold (Ref 5686)

Business Description

Well established, News, Convenience and Off Licence shop on the outskirts of Jarrow with option for accommodation upstairs . The business has a good sized trading area of around 500 sq/ft and stockroom area. The shop benefits from an internal cash machine, lottery & paypoint. Business has been reduced for a quick sale. 

Financial Information

Leasehold Price
£15,000

Sales Turnover Weekly
£4,500

Sales Turnover Annual
£260,000

Business Rent Annual
£10,400

Accommodation Rent Annual
£5,400

Council Rates
Current rateable value £4,350
(Business rates relief available please see below *)

Fixtures & Fittings Estimated Value
£7,000

Annual Net Profit
Available on Request

Gross Profit Margin
Available on Request

Accounts Available
3 Years

* (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

Further Details

Premises Licence
The premises has a licence to sell alcohol

Commissions on Services
Available on Request

Stock Value Estimated
Available on Request

Trading Hours
Monday – Sunday 6:00am – 9:30 pm

Ground Floor
Retail Area 70 m² (500 ft²)

Upper Floor
Available on Request

Key Features

•  2 bedroom accommodation

•  10 years remaining on lease

•  Business well established

•  Private Landlord

•  Lottery & Paypoint

•  EPOS till system & CCTV

Location

Located on the outskirts of Jarrow, Tyne & Wear. The business has a good position within the town and a firm customer base.

Location on Map

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Convenience Off Licence & 2 Bed Flat 5686