Convenience Store with Huge Potential, Short Hours, No Competition and Accommodation in Newcastle
Newcastle upon Tyne, Tyne and Wear
- Status
UNDER OFFER
- Advert ID
627443
- Reference
Premier in Newcastle upon Tyne / Rightbiz
- Call Agent:
- Leasehold: £210,000 (Stock at valuation)
- Rent: £25,000 (£2,083 per month)
- Turnover: £936,000 (£18,000 per week)
- Net Profit: On request
Key Features
- Attractive Business
- Incentives May Be Available
- High Turnover
- Large Business for Sale
- New Lease
- Prime Location
- Price Reduced
- With Car Park
- Established Business
- Accounts Available
- Small Business
- Offers Invited
- Close to Local Amenities
- Central Position in Affluent Village
- Fully Fitted
Business Details
£18k Convenience Store with NO competition, short hours, huge potential and accommodation above.
A leasehold convenience store located upon a busy main road in Newcastle upon Tyne. This business is fitted to a good standard. A rare opportunity to acquire a longstanding off licence and convenience store. A rare business with short hours as there is no immediate competition
This site and has space for storage in the back of the property and a secure garage to the side. The site is fully staffed all day everyday therefore it has huge potential to increase sales with onsite management. This shop is open short hours and has potential to increase hours and increase turnover.
This would be ideal as a family run store or it would suit a hands on multi store operator.
This property is on a busy main road in Newcastle upon Tyne. The site benefits from being surrounded by a huge residential area and the shop could go from strength to strength.
The store is equipped with all required chillers, freezers, shelving and gondolas. The business sells a full range of products as would be expected for a convenience store, including, alcohol, vapes, tobacco, confectionery, and general items of convenience. This business has PayPoint and lottery.
The business benefits from having free parking to the front and side of the store for customer use.
We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.
This local convenience store is relied upon by the local community. This business is fitted to a good standard and is being offered on a leasehold basis and has two flats above a two bedroom and a three bedroom that could be offered to the buyer if they wanted.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
