REF 5833
City Centre Convenience & Off Licence Store
Newcastle upon Tyne
Key Features
- Weekly sales circa £7,000
- New lease terms available
- Prominent city centre location
- Cellar space beneath shop floor
- Option to introduce Lottery services
Location
Situated in Newcastle upon Tyne just off the A186 and 3.7 miles from the city centre, this business is located in a densely populated student area of the city amongst many local amenities that include the Discovery Museum and Newcastle Sixth Form College.
Business
This impressively presented and well stocked business opened in November 2021 and has been fully equipped for the sale of general convenience goods, frozen and chilled products, cigarettes, confectionery and off licence goods. Installed within the premises there is tiled flooring and a CCTV system with monitors located on the shop floor.
The current owners have refitted the trading area to a high standard with F&F's incorporating a 1.2m freezer, 3.7m closed door chiller fridge, two 2.5m closed door chiller fridges, Fwip ice cream maker, Smokin' Bean coffee machine and Fanta frozen slush machine.
The business does not currently have Lottery or Paypoint services.
Staff Employed
No staff to be transferred under TUPE regulations
Trading Hours
Monday to Sunday 8:00am-9:30pm
Premises Licence Hours
Monday to Sunday 10:00am-11:00pm
Property Type
A3/A4/A5 Restaurant and Cafes/Drinking Establishments and Hot Food takeaways
Lease Terms
New lease terms available
Tenure
Leasehold
The Freehold option is available, please call for further information
Retail Measurements
Ground Floor
Retail zone 58m² (624ft²)
Internal Storage & W/C 3.3m² (36ft²)
Cellar 58m² (624ft²)
Total 119.3m² (1,284ft²)
Notice
All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale).
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
£14,400
Annual Turnover
£416,000
Stock Estimated
£15,000
Rateable Value
£9,750
* (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