Freehold Convenience & Off Licence in Wallsend
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.
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.
The ground floor consists of the business premises and shop trading area with internal staff toilet.
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.
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.
Sales reports and 3 years of audited accounts can be made available to interested parties following a viewing of the business.
No employees. The business is operated by the owners and family
Monday to Saturday 6:00am – 6:00pm
Sunday 7:00am – 5:00pm
Licensed to sell alcohol 6:00am – 11:00pm
A1/A2 Retail and Financial/Professional Services
EPC Expired. Most recent energy rating is D
Ground Level Internal
Retail zone 45.3m² (488ft²)
No internal storage area
Total 45.3m² (488ft²)
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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.
Commissions on Services
Lottery commissions TBC per year
* (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