REF 5809

Branded Convenience Store Weekly Sales £29,000

Newcastle upon Tyne

Location

This is strictly a discreet sale. Please contact us for further details regarding this opportunity.

Retail Services

External ATM cash machine, WH Smiths News and Paypoint services.

Measurements

Ground retail area 128.34m² (1,381ft²)
Ground warehouse 60.7m² (653ft²) inc. storage, office and W.C.

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

£250,000

Tenure

Leasehold

Gross Annual Income

£1,500,000

Annual Rent

£18,000

Rateable Value*

£8,600

* (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

Trading Hours
Monday to Saturday 7am to 9pm
Sunday 8am to 9pm

Premises Licence
Monday to Sunday 8am to 10pm

Commission on Services
ATM Income of £185/monthly

Transfer of Undertakings
TUPE rules apply to 3 staff on 16hrs per week

Till System Information
2 Lane EPOS - Retail Data Partnership

Lease Terms
10 year lease commencement 01/11/2018 with 5 year rent review

Date Business Purchased
February 2019

Business Established
February 2019

Share

Search for a Business