High Street Newsagent & Card Shop
An opportunity to acquire this sizeable newsagent and card shop retail unit ideally positioned prominently on the high street of Chester-le-Street in County Durham.
A very well established newsagent and card shop with a loyal customer base on a central high street location in Chester-le-Street . The business has a large sized shop floor trading area of 1,200 sq/ft and lends itself to good potential to expand product range through the introduction of convenience and off licence goods. Lottery commissions are in excess of £2,000 a month and a loyal customer base. . The business is up for sale due to a change in the owners’ circumstances.
Open plan trading area with new fixtures and fittings. Recently a new £7,000 five metre open dairy chiller cabinet, new EPOS till system, new shelving, CCTV system and security door have been fitted.
There is the opportunity for a new owner to further develop the business and capitalise on its location and lack of direct competition.
Shop Trading Area: 111.4 m² (1,200 ft²)
Stockroom Area: 23.2² ( 254ft²)
Annual Business Rent
Current rateable value £17,000
(Business rates relief available please see below *)
Fixtures & Fittings Approximate Value
Available on Request
Annual Net Profit
Available on Request
Gross Profit Margin
* (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
No Premises Licence
Current Lease Term
Lease expiration 27/11/2027 (Renewable)
Currently 5 full time/part time employees
Commissions on Services
£2,000 per month
Stock Value Estimated
Monday – Saturday 7:30 pm – 5:30 pm
• High Street Location
• Open Plan Trading Area
• Well Established Business
• Renewable Lease
• No Premises Licence
The business is located on the high street in Chester-le-Street in County Durham. It is 7 miles south of Newcastle-upon-Tyne and 8 miles west of Sunderland.
Google Map Location
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