Retail premises for sale in Henderson Road, South Shields NE34
* Calls to this number will be recorded for quality, compliance and training purposes.
- Business For Sale
- Ground Floor Retail
- By way of new lease terms
- NIA 56.2m2 (605 sq ft)
Business for Sale!
The subject ground floor retail premises is occupied and traded by 'Simpsons News'. The business currently a business that serves the community with over 7 active paper rounds and in store the sales of lottery, cigerettes and day to day shopping. This business is at the heart of the community. Accounts available upon serious interest.
The subject property is well located along Henderson Road. This property is located within easy reach of local amenities, transport links and schools. The subject property is located approximately 3.1 miles from South Shields town centre and approximately 9.2 miles from Newcastle city centre.
Shop 7.6m x 5m, store 4.4 x 3, kitchen 1.7m x 2.5m, WC. NIA: 56.2m2 (605 sq ft).
The business currently trading as 'Simpsons News' is enjoying healthy profits with a turnover exceeding 130k. The business benefits from lottery, ciggarette and day to day snack sales, the business specialises in customer service around the area and has 3 x morning newspaper rounds, 1 x afternoon round and 3 x weekend rounds.
Business opening times - Monday - Saturday 06:30 - 18:00, Sunday 06:30 - 12:00.
Accounts can be made available upon serious interest.
We are verbally advised that our client is paying a rent of 216 pcm (2,592 per annum).
Our client has advised they are currently holding over on their lease terms and any new business owner will agree new terms with South Tyneside Local Authority.
The adopted rateable value is 3,300 as of 1st April 2017.
Sourced from voa.
Available upon request (rating C).
For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Pattinson - Commercial, NE1 on +44 191 686 1492 * (local rate)
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Pattinson - Commercial, and do not constitute property particulars. Please contact Pattinson - Commercial 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.