REF 5814

High Street Discount Store or Empty Unit Opportunity

Newcastle upon Tyne

Location

Located within the suburb of Byker, Newcastle-upon-Tyne in the North East of England. The business is situated in the middle of the high street with other businesses and the bus stop right outside the shop.

Business & Premises

Our client is offering a leasehold opportunity for the existing discount trading business OR with fixtures & fittings only OR as a standalone empty unit. The business is currently operating from the ground floor incorporating a 4,300ft² trading area with internal storage and kitchen/mess area on the first floor. The current business has been trading for over 20 years with an established customer base. The unit could be suitable as a different retail opportunity or small warehouse operation.

Please enquire for more details.

Staff Employed

No staff to be transferred under TUPE regulations

Trading Hours

Monday to Sunday 9:00am – 5:30pm

Premises Licence

N/A

Lease Terms

New leasehold terms

Property Type

A1 Retail use

EPC Rating

E classification

Tenure

Leasehold

Business Measurements

Ground Floor
Retail Zone 384.5m² (4,138ft²)
Internal Storage Area 16.2m² (175ft²)

First floor
Mess/Staff room 55.4m² (596ft²)

Total 456.1m² (4,909ft²)

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.

Business Rent
£50,000+VAT

Gross Annual Income
£416,000

Rateable Value
£24,377

* (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

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