Property Information
Address:
CONVENIENCE STORE, TYNE AND WEAR
, NE1
, TYNE AND WEAR
, United Kingdom
Price: Sale Price: £320,000
Size: 750 sq ft69 sqm
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH491496
Property Ref/Agent: NEY 73
*Please use the agent ref when calling the agent directly.
Property description
CONVENIENCE STORE LOCATED IN VERY POPULAR NORTHUMBERLAND TOWN.
NO IMMEDIATE COMPETITION.
BUSY MAIN ROAD LOCATION.
TWO SECONDARY SCHOOLS NEARBY.
BUSINESS BEEN ESTABLISHED FOR OVER 50 YEARS.
BUSINESS BEEN IN CURRENT OWNERS HANDS FOR 8 YEARS.
ADVISED TURNOVER ?11,000 PER WEEK INCLUDING TOBACCO SALES ?2500 PER WEEK.
NEWSBILL ?1200 PER WEEK.
LOTTERY ?1500 - ?2000 PER WEEK.
PAYPOINT SALES ?10,000 - ?12,000 PER WEEK.
WE ARE ADVISED THAT THE ACCOUNTS SHOW ?115,000 GROSS PROFITWITH NET PROFIT OF ?65,000 PA
FULL ACCOUNTS AVAILABLE FOR INSPECTION AT VIEWING APPOINTMENTS ONLY.
GROUND FLOOR SHOP SIZE APPROX 750 SQ FT WITH SALES AREA AND STORE ROOM.
FIRST FLOOR 3 BEDROOMS, 2 LOUNGES, KITCHEN, 2 BATHROOMS.
REAR YARD WITH LAND.
POTENTIAL TO EXTEND SHOP SALES AREA SUBJECT TO PLANNING APPROVAL.
OPENING HOURS - MONDAY ? SATURDAY 6.00AM - 9.00PM
SUNDAY ? 6.00AM - 2.00PM & 5.00PM - 9.00PM.
STAFF - OWNERS + 1 FULL TIME.
GUIDE PRICE ?90,000 LEASEHOLD.
RENT ?15,600 PA, NEW LEASE AVAILABLE.
OR ?320,000 FREEHOLD.
PLEASE NOTE THIS IS A HIGHLY CONFIDENTIAL SALE AND NO DIRECT APPROACH MUST BE MADE TO OWNERS OR STAFF
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