REF 5736

Convenience Store & Off Licence

Blaydon-on-Tyne

Location

A well established convenience store, newsagent & off licence business for sale in Blaydon near Newcastle-upon-Tyne. An excellent location within a residential housing area and close to local amenities.

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.

Shop Measurements

Shop Trading Area: 97.6m² (1,051ft²)
Stockroom Area: 47.3m² (505ft²)

Notice

All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale). 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.

Price

£99,950

Tenure

Leasehold

Gross Annual Income

£728,000

Annual Rent

£12,000

Rateable Value*

£7,100

* (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

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

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

Employees
Owner and 6 members of staff

Commissions Income
Lottery £8,300
Parcel Collection £1,200
Paypoint £1,200
Cash Machine £924
(Annual figures stated)

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

Lease Terms
New lease available on application

Fixtures & Fittings Approximate Value
£20,000

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