REF 5854

Convenience Store & Off Licence with 3 Bedroom Accommodation

Newcastle upon Tyne

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

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