REF 5833

City Centre Convenience & Off Licence Store

Newcastle upon Tyne

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 2017 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 been running the store for 3 years and have refitted 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

Sunday to Thursday 10:00am-11:00pm
Friday to Saturday 10:00am-12:00pm

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
£12,000

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

Share

Search for a Business