Freehold Convenience & Off Licence in Wallsend

The Location

Located in Howdon in a residential area of Wallsend this well established Newsagent and premises is situated in the metropolitan borough of North Tyneside in Tyne and Wear, North East England.

Business

The well established newsagent & off licence business and premises has been under the ownership of our clients since 1987. The newsagent, convenience store offers a range of grocery, news & magazines, confectionery, drinks, snacks, greeting cards and cigarettes with a comprehensive selection of wines, spirits & beers. Fixtures and fittings include a 1.3m two door standing freezer, 3m open chiller, 1m alcohol chiller, Lucozade 0.6m drinks chiller, 0.2m closed door chiller and Walls 1.2m ice cream freezer. Additional services include lottery and PayZone.

The business and premises are now being sold due to retirement.

Business Premises

The ground floor consists of the business premises and shop trading area with internal staff toilet.

Accommodation

To the side of the property the gate leads to a large open secluded driveway area with a large double door garage. An external doorway to the side of the property leads to the first floor incorporating one bedroom, lounge, kitchen and bathroom. There is access via hatch to the loft area which has been renovated to a high standard with 2 Velux windows, dry walls, carpeting and storage. All rooms are to a very good standard and recently been redecorated with new carpeting throughout.

Opportunity

There is opportunity to develop the business further by introducing other services to the premises or extending the opening hours past the current closing time of 6:00pm to take advantage of the premises licence, valid until 11:00pm.

Trading Information

Sales reports and 3 years of audited accounts can be made available to interested parties following a viewing of the business.

Staff Employed

No employees. The business is operated by the owners and family

Trading Hours

Monday to Saturday 6:00am – 6:00pm
Sunday 7:00am – 5:00pm

Premises Licence

Licensed to sell alcohol 6:00am – 11:00pm

Services

National Lottery
PayZone services

Property Type

A1/A2 Retail and Financial/Professional Services

EPC Rating

EPC Expired. Most recent energy rating is D

Tenure

Freehold

Business Measurements

Ground Level Internal
Retail zone 45.3m² (488ft²)
No internal storage area

Total 45.3m² (488ft²)

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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.