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Ashington Freehold Convenience Store and Investment Property for Sale, Prime Location

Ashington, Northumberland
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Freehold Convenience Store and Investment Property in Ashington Photo 1
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Freehold Convenience Store and Investment Property in AshingtonFreehold Convenience Store and Investment Property in AshingtonFreehold Convenience Store and Investment Property in AshingtonFreehold Convenience Store and Investment Property in AshingtonFreehold Convenience Store and Investment Property in AshingtonFreehold Convenience Store and Investment Property in AshingtonFreehold Convenience Store and Investment Property in AshingtonFreehold Convenience Store and Investment Property in AshingtonFreehold Convenience Store and Investment Property in AshingtonFreehold Convenience Store and Investment Property in AshingtonFreehold Convenience Store and Investment Property in AshingtonFreehold Convenience Store and Investment Property in Ashington
  • Freehold: £395,000 (Stock at valuation)
  • Turnover: £338,000 (£6,500 Per week)
  • Net Profit: On request

Key Features

  • Town Centre location
  • Close to Local Amenities
  • Prime Location
  • Attractive Business
  • Open Plan Trading Area
  • Established Business

Business Details

Freehold Convenience Store and Investment Property in Ashington

Key Features

  • Weekly Sales 6 month avg. £6,500
  • Prime town centre location
  • Property investment opportunity
  • Refurbished basement area 139.1m²
  • Lottery services (No Paypoint/PayZone)
  • Nearby train station opening Summer 2024

Viewings

Any viewings for the business and/or property are to be made strictly by appointment only through A1 Businesses for Sale and no approach should be made directly to the owner or any of their employees.

Location

This business and premises are located in Ashington a town within Northumberland in the North East of England. Situated centrally within the town and within close proximity to local businesses, the premises is 2 minutes walk from the new Northumberland Line train station opening in Summer 2024.

Business Premises

This well established convenience and off licence is fully equipped for the sale of general convenience goods, frozen and chilled products, cigarettes, confectionery and off licence goods. In store services include National Lottery and with no Paypoint or PayZone there is scope to introduce further services. Established for over 40 years with current ownership.

Please contact us for further information on the business.

Non Business Premises

The ground floor leads to the first floor via an internal stairway within the left hand side storage area and via the rear stairwell and incorporates a large open plan area of 1,248ft² with access to 2 separate toilets each with separate washroom. Access to the rear stairwell leads to both the ground floor and basement. The basement is a large unused area with separate rooms with floor space similar to the ground floor. Further details available on request.

On-Site Services

Lottery Services

Staff Employed
Owner run with 2 part time employees 20 hrs and 30 hrs. TUPE rules apply.

Trading Hours

Monday to Saturday 8:00am-7:00pm, Sunday 9:00am-5:00pm

Premises Licence

Monday to Sunday 8:00am-7:00pm

Rateable Value

£13,750
(The rateable value is used to calculate your rates bill so this is not the amount you will pay)

Property Type

A1 Retail

Tenure

Freehold only

EPC

EPC Rating D expired 13 May 2020

Measurements

Ground floor trading area 86.87m² (934ft²)
Ground floor internal storage 31.43m² (338ft²)
Ground floor staff room 4.7m² (50ft²)

Ground floor total area 134.5m² (1,323ft²)

First floor total area 137.5m² (1,479ft²)

Basement total area 139.1m² (1,496ft²)

Total area 411.25m² (4,425ft²)

Disclaimer Notice

Any financial information shown for the business shown is based on verbal information provided by the vendor. A1 Businesses for Sale makes no warranty as to the accuracy of this information and advise that any interested parties make the relevant enquires to satisfy themselves of any particulars related to 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 more details.

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Listing Statistics

Contact the seller for more details, or book a viewing

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Freehold Convenience Store and Investment Property in Ashington - 5880 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.