Retail premises for sale in Harriett Street, Blaydon On Tyne NE21

Fixed price £24,950 (£29.64/sq. ft)
Retail premises for sale 78 sq. m*
Interested in this property? Call +44 1904 918748 * or Request Details

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

Property features

  • Convenience & Off Licence with 2 Bed Accommodation
  • Leasehold £24,950
  • Sales £4,500 weekly
  • 2 bed accommodation included
  • Internal cash machine
  • No staff employed
  • Excellent location

Property description

This well established business is situated in a residential area on Blaydon-on-Tyne near Newcastle and Gateshead. It is close to local businesses and amenities such as takeaways, pubs, schools and a retirement home. Located near transport links with a bus stop nearby and in close proximity to the A1 motorway.

Business
This well presented convenience store & off licence business with a modern re-fit has an established local customer base and good passing trade. The shop is merchandised to a very good standard but could benefit further through introducing new services to the business. The shop is equipped with a 3m and 1.76m chiller cabinet, CCTV which are all included within the leasehold price.

The business is newly refitted and has a cash machine inside the shop. Commissions income from Lottery & PayPoint.

A 2 bedroom accommodation is inclusive with the leasehold purchase. The property to a very good standard and situated directly above the business. A new tenant could have the option to live on the premises or rent the property out.

The business is currently run by the owner without staff. Premises license hours are 8am to 11pm and sales could be further increased under new management through possibly extended opening hours to 11pm.

Shop Measurements
Trading Area 38.5 m² (141.4 ft²)
Stockroom Area 29.7 m² (319.7 ft²)
Gross Annual Income
£220,000

Annual Rent
£13,000

Rateable Value*
£4,350

* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) click here for more information
Lease Information
Current lease expires in 2037

Premises Licence Hours
8:00am to 11:00pm

Staff Employed
Owner run business

Stock Value
Approximately £15,000

Trading Hours
Monday to Saturday 9:00am - 9:00pm
Sunday 4:00am - 9:00pm

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

Arrange Viewing

For more information about this property, please contact
A1 BUSINESSES FOR SALE, YO10 on +44 1904 918748 * (local rate)

Contact A1 BUSINESSES FOR SALE about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by A1 BUSINESSES FOR SALE, and do not constitute property particulars. Please contact A1 BUSINESSES FOR SALE 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.

Properties on the market nearby

10 more properties like this

View all Harriet Street commercial properties for sale