REF 5854
Convenience Store & Off Licence with 3 Bedroom Accommodation
Newcastle upon Tyne
Key Features
- Weekly sales circa. £17,500
- 3 bedroom accommodation
- Annual rent £20,000
- Modern refitted trading area
Viewings
Any viewings for the business and/or property are to be made strictly by appointment through us and no approach should be made directly to the owner or any of their employees.
Location
Located within the village and civil parish of Dinnington on the outskirts of the city of Newcastle upon Tyne in the North East of England. Around 9 miles north of the city centre and situated 5 minutes' drive from Newcastle International Airport, the village boasts both ease of access to City Centre and beautiful countryside walks or drives. Close to local amenities and transport links with a bus stop outside the shop.
Business
Branded as a Premier store, this well established convenience and off licence business incorporates a well refitted and merchandised trading area. The premises is fitted to a good standard and includes alcohol and soft drinks chillers, upright freezers, vinyl flooring, LED lighting and integrated CCTV system.
The shop is fully equipped for the sale of all general convenience goods, frozen and chilled products, cigarettes, confectionery and off licence products. The counter area has a 1 lane EPOS system. Ancillary areas to rear of the store include an internal stock areas, kitchenette and toilet facilities.
Genuine reason for sale due to sellers other commitments.
Fixtures and Fittings
Arneg 2 x 3.75m open chiller, Arneg 1 x 1.9m open chiller, Coolcheck upright 3 door freezer 2m, Coolcheck upright 2 door freezer 1.25m, AHT ice cream freezers 1 x 1.5m and 1 lane EPOS till systems
Accommodation
Side doorway access to stairway leading to the first floor accommodation incorporating 3 bedrooms, lounge, kitchen and bathroom with shower unit.
On-Site Services
Camelot Lottery & PayPoint Services
Trading Hours
Monday to Saturday 7:00am-9:00pm
Sunday 8:00am-9:00pm
Premises Licence
Monday to Saturday 8:00am-11:00pm
Sunday 10:00am-10:00pm
Employees
Owner run with 2 full time and 1 part time employees. TUPE rules apply to all employees.
Business Rates
The property is exempt from business rates due to a rateable value of under £12,000
Energy Performance Certificate (EPC)
Energy rating D – Valid until 28 November 2031
Property Type
A1/A2 Retail and Financial/Professional services
Lease
21 year term commencement 17 February 2022
5 year review open market rent
Tenure
Leasehold only
Business Premises Measurements
Ground Floor
Retail area 96.6m² (1,039.8ft²)
Internal storage 4.5m² (48.4ft²)
Total 101.1m² (1,088.2ft²)
Disclaimer Notice
The financial information shown within the advertisement has been provided to us by the vendor of the business. A1 Businesses for Sale can offer no guarantee as to the authenticity of any information provided to us. Please see our disclaimer page for more details.
Business & Accommodation Rent
£20,000
Rateable Value
£6,300
* (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