REF 5826
High Street Discount Store in Bedlington
Northumberland
Key Features
- Weekly sales circa. £6,000
- New 10 year lease available
- High street location
- No direct competition
- Large open plan trading area
Location
This business is situated along the high street of Bedlington in South East Northumberland, about 14 miles north of Newcastle upon Tyne. It is close to many other local amenities and businesses including pubs and a community centre.
Business
This discount store incorporates a well stocked trading area with items including groceries, confectionery and domestic goods. The premises has carpeted flooring and LED lights. Currently, it is an owner-run business with the assistance of a member of staff.
The owner has been running the store for the past three years and is now looking to spend more time with his family, hence the reason for sale. This provides a unique opportunity for the purchaser to extend the current trading hours, meaning the sales could be increased beyond their current scope.
We've also been advised that there is no direct competition and due to the high street location it has created less opportunity for competitors to move into the area.
Fixtures & Fittings
Incorporate all fitted shelving and manual till system
Staff Employed
No staff to be transferred under TUPE regulations
Trading Hours
Monday to Friday 9am-4pm
Saturday 9am-2pm
Sunday Closed
Premises Licence
N/A
Property Type
A1 Retail
Lease Terms
New lease available
Tenure
Leasehold
Retail Measurements
Ground Floor
Retail zone 125.9m² (1,355ft²)
Internal storage 31.2m² (336ft²)
Total 157.1m² (1,691ft²)
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.
Annual Business Rent
£10,000
Estimated Stock Value
£20,000
Gross Annual Income
£234,000
Rateable Value
£9,300
* (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