Retail premises for sale in High Street East, Wallsend NE28, £60,000

60,000.00

Offer Nr.:
64330177
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
A1 BUSINESSES FOR SALE
Phone(s):
01904 918748

* Low Rent Convenience Store & Off Licence in Wallsend, Tyne & Wear
* Leasehold price £60, 000
* Weekly Sales Avg. £6, 250
* Annual Rent £6, 200
* Newly refitted trading area
* Owner run
* No Lottery or PayPoint services
* Busy town location near Newcastle
Low Rent Convenience Store & Off Licence in Wallsend, Tyne & Wear
Key Features
Weekly Sales Avg. £6, 250
Closed Saturdays
Low annual rent £6, 200
Newly refitted trading area
No Lottery or PayPoint services
Busy town location near Newcastle
Viewings
Any viewings for the business are strictly by appointment only through the
agent and no approach should be made directly to the owner or any of their
employees.
Location
The shop is located in Wallsend, Tyne & Wear and lies 3 1⁄2 miles east of
Newcastle upon Tyne in the North East of England. Situated on the main street
running through the town with car parking to the side of the shop for passing
traffic and within close proximity to the Metro link and bus services.
Business
This well established convenience and off licence business incorporates a well
refitted and merchandised trading area with ceramic tiled flooring, LED
lighting and a state of the art 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 in addition to a
comprehensive range of e - cigarette products. Additional features include a
f’wip Ice Cream maker and coffee to go machine included within the sale
Ancillary areas to rear of the store include an internal stock area and staff
toilet.
Fixtures and Fittings
Fixtures & Fittings include 2 x 3. 7m open drinks chillers, 2 x 2m chest
freezers, walls ice cream freezer and 1m closed door drinks chillers. The
counter area has a one lane Retail Data Partnership epos system.
Accommodation
No accommodation available
On - Site Services
No Lottery (due to being closed on Saturday) or PayPoint Services
Trading Hours
Monday to Friday 7: 00am - 8: 00pm
Saturday closed
Sunday 8: 30am - 8: 00pm
Premises Licence
Monday to Saturday 8: 00am - 11: 00pm
Sunday 10: 00am - 10: 30pm
Employees
Husband & wife run business. No employees
Business Rates
The property is exempt from business rates due to a rateable value of under
£12, 000
Energy Performance Certificate
Energy Rating D valid until 3 February 2025
Property Type
A1/A2 Retail and Financial/Professional services
Lease
15 year lease commencement 2015
Rateable Value
£4, 100 Note: The rateable value is used to calculate your rates bill so this
is not the amount you will pay
Tenure
Leasehold only
Business Premises Measurements
Ground Floor
Retail area 54. 57m² (587ft²)
Internal storage 10. 52m² (113ft²)
Staff Toilets 3. 2m² (35ft²)
Total 68. 29m² (734ft²)
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.

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