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Related Ads > Tyne and Wear Business for Sale > Leasehold Off Licences to Lease > Off Licences in Newcastle u Tyne for Sale 

The Local Off Licence 18 Pilgrim Street Newcastle

Newcastle u Tyne Tyne and Wear
Owned by our client for just over 1 year (as at August 2010). This is a genuine sale as our client has other business commitments. The business is a typical off licence which also retails a small selection of newspapers, crisps, soft drinks, confectionery, snacks and tobacco products. There is a wide range of wines, spirits and beers. There are many regular, daily customers as well as a huge amount of passing trade.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 72470
ADVERT IMPRESSIONS : 7,671 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Off Licences
SALE: Agent Sale

ASKING PRICE:

£100000

ANNUAL RENT:

£30000
 

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BUSINESS DETAILS:

LOCATION
This business is situated in the heart of Newcastle
upon Tyne. Close to the central retailing areas and on
one of the major routes into the city. Several bus stops
are just outside the premises and this creates a high
footfall.
DESCRIPTION
The business occupies the ground and cellar floors of
this multi-let, multi-storey property. A double fronted
shop unit with security roller shutters to the door. Shop
premises with a small office space to the rear. Stairs
down to cellar storage and w.c.
TRADING INFORMATION
The first years accounts have not been prepared at
the time of writing these particulars. However, our
client is keen to point out that books have been kept
up to date and he would be pleased to show figures
to any interested parties after viewing. Turnover is in
the region of £14,000 per week.
OPENING HOURS
The business is open
8am – 11pm Monday –Saturday
10am – 10:30 pm Sunday
STAFF
The business is operated by our client with the
assistance of 3 part time member of staff.
TENURE
The business occupies the premises on a leasehold
basis. The original term of the lease was 25 years and
expires in 2016. There are no further rent reviews during the remaining term.
   
  FOR SALE
   

REFERENCE:

RCL159 / RightBiz
   
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ENQUIRIES:

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