REF 5876

Premier Convenience Store & Off Licence in Coastal Area

Whitley Bay

Viewings

This is a discreet sale and any requests to view the business and premises are to be made strictly by appointment only. It is the vendors strict instruction that no direct approach should be made to the vendor or any of their employees.

Location

This shop is located within a dense residential area of Whitley Bay, a coastal town in southeast Northumberland in the North East of England. It lies on the coast, 3 miles north of Tynemouth and 10 miles east of Newcastle upon Tyne.

Business Description

This well established Premier branded convenience and off licence store incorporates a high specification, well refitted and merchandised trading area. The premises is fully equipped for the sale of all general convenience goods, frozen and chilled products, cigarettes, confectionery and off licence products. Services include Camelot National Lottery and PayZone services. The premises is fully alarmed with a Digicom internal security system including 16 cameras and 3 LED screens.

Acquired by our client in June 2019 who now wishes to sell the business and leasehold premises.

Fixtures and Fittings included within the sale

Fwip Ice Cream, Shake Stop and Hersheys & Reeses Slush machines.

Koolmax 5.7m open chiller
Arneg 4m 6 door chiller
Arneg 3.8m 6 door chiller
Arneg 1.9m 3 door chiller

2 EPOS tills

Fixtures and Fittings not included

Tango Ice Blast and My Coffee Station machine are on loan from the supplier.

Business Premises

Ground floor retail premises trading area incorporating internal storage with staff toilets.

On-Site Services

Camelot National Lottery & Payzone
External free to use ATM machine

Employees

The business is currently run by 2 directors and 1 full time employee, commencement date November 2023 working 30 hours a week.

Shop Trading Hours

Monday to Saturday 8:00am-9:00pm
Sunday 9:00am-8:00pm

Premises Licence Hours

Monday to Saturday 8:00am-11:00pm
Sunday 8:00am-10:00pm

Property Type

A1/A2 Retail and Financial/Professional Services

Tenure

Leasehold only (Freehold not available)

Lease Terms

15 year lease commencement 1 June 2019

EPC

EPC Rating C valid until 23 June 2030

Measurements

Ground floor retail area 97.3m² (1,047ft²)
Ground floor internal storage 38.63m² (415ft²)
Ground floor toilets 1.47m² (16ft²)

Total area   137.42m² (1,478ft²)

Disclaimer Notice

Any financial information shown for the business shown is based on information provided by the vendor. A1 Businesses for Sale makes no warranty as to the accuracy of this information and advise any interested parties to satisfy themselves of any specific aspects of the sale. All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. trading as A1 Businesses for Sale. (See our disclaimer page for further details)

Business Rent
£10,800

Rateable Value
£11,250

* (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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