Retail premises for sale in Kensington Terrace, Gateshead NE11

Fixed price £124,999 (£124,999/sq. ft)
Retail premises for sale 1 sq. ft*
Interested in this property? Call +44 1204 911870 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Ref: 4352


Well equipped newsagents - tyne and wear


Leasehold option available for £10,000 plus sav
Situated in the desirable town of Dunston
High amount of regular and repeat trade
Scope to further develop the business
Good turnover
Alcohol licence (7 days till 10pm)
Genuine reason for sale
Walk in condition
Easy to run

Freehold


Business History

Meridian Business Sales are delighted to offer to the market this brilliant newsagents which was established in 1929. The only reason this ideal business is being offered to the market is due to our clients desire to take a well deserved retirement.

Since the business was established our clients have continually developed and improved the business introducing new lines and income streams which have enhanced the business massively.

The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. Due to the superb location of the business it enjoys a large daily passing trade and high footfall.

The business has been run at a pace to suit our clients lifestyle meaning that there is scope for a future purchaser to further develop the business by introducing longer opening hours.

The business is well equipped throughout and is being sold with all fixtures and fittings included in the sale price which is a huge plus for a new owner as additional funds will not need to be spent on modernising for many years.

This is a superb opportunity to purchase a true lifestyle business which is a great base to build upon and as such early viewing is highly recommended as this fantastic business is not to be missed.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Meridian Business Sales Ltd, BL1 on +44 1204 911870 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Meridian Business Sales Ltd, and do not constitute property particulars. Please contact Meridian Business Sales Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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