CALL 01904 867175

Convenience Off Licence & 1 Bed Flat

Newcastle upon Tyne

£49,950 Leasehold
(REF: 5703)

Financial Information

Leasehold Price
£49,950

Weekly Turnover
£7,500

Weekly Business & Property Rent 
£250

Annual Turnover
£390,000

Annual Rent Business & Property
£13,000

Council Rates
Zero Rateable

Accounts
1 Year Available

Annual Net Profit
1 Year Available

Gross Profit Margin
21%

Business Description

A well established convenience store in a village within the Tyne Valley area of Newcastle. The business comes complete with a beautifully presented modern 1 bedroom property with lounge, kitchen and bathroom. Shop floor has a 3.75m large standing chillers and 1m freezer. The property has a large room downstairs which is currently used as a stockroom but could be used as further accommodation. Other features include an EPOS till system, electric shutters, CCTV & alarm system. The shop is currently owner operated with 2 non-contracted employees.

Further Details
Premises Licence
The premises has a licence to sell alcohol

Staff
2 part time non-contracted

Commissions on Services
Approx £100 per week

Stock Value
Approx £8,000

Trading Hours
Monday – Friday 07:30-09:30 pm
Saturday 07:30-10:00 pm
Sunday 07:30 – 10:00 pm

Ground Floor
Retail Area 39 m² (420 ft²)
Storeroom 35 m² (377 ft²) with rear access

 

Key Features
•  New 10 year lease available

•  Business established 30 years

•  Good size stockroom area downstairs

•  Lottery & Paypoint

•  EPOS till system & CCTV

Location
Located in Newburn, a pleasant village in the Tyne Valley area of Newcastle upon Tyne in the North East of England
Location on Map

Similar Businesses for Sale

Please call us on 01904 867175 for more information on these or any other businesses

2 Bedroom Property with Convenience Store & Off Licence

Hartlepool (Ref 5717)

Sales £7,500 PW

Prime Location

Click For More Details »

Two 3 Bedroom Properties & Convenience Store

Witton Gilbert (Ref 5722)

Sales £3,500 PW

Rent Income £10,800

Click For More Details »

2 Bedroom Property with Convenience Store & Off Licence

Darlington (Ref 5684)

Sales £9,000 PW

Nearby Development

Click For More Details »

3 Bedroom Property with Convenience Store & Off Licence

Darlington (Ref 5725)

Sales £3,500 PW

Annual Rent £9,600

Click For More Details »

Arrange a viewing or contact us for more information

Please call us on 01904 867175 for more information on this or any other business or alternatively fill in our enquiry form below.

Business Enquiry Form
Please enter your details below and we will contact you with more information or to arrange a viewing

Convenience Store/Off Licence Ref 5703

Any viewings strictly by appointment only

For further details on any of our businesses or to arrange a viewing please contact us