Convenience Store and Off Licence for Sale in Newcastle upon Tyne
Newcastle upon Tyne, Tyne and Wear
- Status
FOR SALE
- Advert ID
651990
- Reference
5899 / Rightbiz
- Call Agent:
- Leasehold: £125,000 (Stock at valuation)
- or
- Freehold: £235,000 (Stock at valuation)
- Rent: £11,700 (£975 per month)
- Turnover: £484,432 (£9,316 per week)
- Profit: On request
Business Details
Freehold Leasehold Convenience Store & Off Licence in Newcastle upon Tyne
Key Features
- Weekly Sales £9,316 (Jan25 - Nov25)
- Option for Freehold OR Leasehold (Ground floor premises only)
- Employee/owner run business
- Lottery & Paypoint services
- Well established
Viewings
Any viewings for the business and/or property are by appointment only. Under no circumstances should any direct approach be made to the owner or their employees
Location
This shop is located in Newburn, Newcastle upon Tyne in the North East of England and by the main road and close to public transport links.
Business Description
Independent (no symbol group) convenience and off licence store fully equipped for the sale of all general convenience goods, frozen/chilled products, newspapers/magazines, cigarettes, confectionery and off licence products. The trading area incorporates chillers, suspended ceiling with integrated LED lights and CCTV internal security system.
Annual Rent: £11,700
Rateable Value: £2,275
Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay)
Fixtures and Fittings
Arneg 3.7m 6 door chiller
Husky 1.2m standing freezer
Husky 1.2m standing chiller
Single till lane PayPoint till system
Business Premises
Ground floor retail premises incorporating the trading area, internal storage and staff toilet
Living Premises
Not included
On-Site Services
National Lottery, PayPoint & Parcel Services
Employees
1 full time and 2 part time employee
Shop Trading Hours
Monday to Friday 8:00am-11:00pm
Saturday & Sunday 8:00am-10:30pm
Premises Licence Hours
Monday to Sunday 8:00am-11:00pm
Property Type
A1/A2 Retail and Financial/Professional Services
Tenure
Leasehold and Freehold
Lease Terms
New lease terms available
EPC
EPC Rating D valid until 21 September 2032
Floor Measurements
Ground floor trading area/storage 44.32m²
Ground floor toilet area 5.87m²
Total area: 50m²
Disclaimer Notice
The information shown for the business is based on a site assessment and financial documentation provided to us, A1 Businesses Ltd. by the vendor. We have been informed by the vendor that the financial information provided to us is correct and reliable at the time of marketing. We, A1 Businesses Ltd cannot accept liability as to the accuracy of this information and advise any interested parties to make their own enquires in order to satisfy themselves that all information provided, particularly financial, is satisfactory before making any commitment to purchase the business.
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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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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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
