CALL 01904 867175

Convenience Store & Off Licence

Blaydon-on-Tyne

LEASEHOLD £130,000 (Ref 5736)

Description

A well established convenience store, newsagent & off licence leasehold business for sale in Blaydon near Newcastle-upon-Tyne.

Business

This well established business has a loyal customer base derived from its firmly rooted values in good friendly customer service. The shop has a regular news round customer base which delivers newspapers to the community. Located in a densely populated area of the town, the shop is well positioned in the community and central to a hub of numerous other local businesses and amenities.

The shop floor comprises of a good sized trading area and re-fitted to a high standard 2 x 2m open chillers, a 2m chest freezer and display gondolas. Ancillary areas include an office space, 3 stockrooms, W.C. and rear delivery access. The business further benefits from car parking outside the shop. The business has been established since 1937 and run by the current owners’ family since.

New terms will be available on application for the leasehold.

Accommodation

No accommodation option available.

Shop Dimensions

Trading Area: 97.7 m² (1,052 ft²)
Stockroom Area: 47.9 m² (515 ft²)

Financial Information

Leasehold Price
£130,000

Freehold Price 
Not currently available for freehold

Weekly Sales
£12,194

Business Annual Rent
£14,900

Accommodation Annual Rent
N/A

Business Rates
Current rateable value £7,100
(Business rates relief available please see below *)

Fixtures & Fittings Approximate Value
£20,000

Accounts Available
5 years

Annual Net Profit
Available on Request

Gross Profit Margin
21%

* (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 

Employees
Owner & 6 members of staff  

Annual Commissions on Services
Lottery £8,300
Parcel Collection £1,200
Paypoint £1,200
Cash Machine £924

Stock Value Estimated
£30,000 – £35,000

Trading Hours
Monday – Saturday 6:30 am – 7:30 pm
Sunday 7:00 am – 7:00 pm

Key Features

• Well established business

• Close to local amenities

• Popular town location 

• Established for over 80 yrs

Location

The business is located in the centre of Blaydon-on-Tyne situated next to other local businesses and local amenities.

Google Map Location

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

LEASEHOLD £17,500

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

Business Sales Ref 5734