Newsagent and 5 Bedroom Living Premises (Rent reduced) in Newcastle upon Tyne

  • £50,000
Newcastle upon Tyne, Tyne and Wear, England
Newsagent and 5 Bedroom Living Premises (Rent reduced) in Newcastle upon Tyne
Newcastle upon Tyne, Tyne and Wear, England
  • £50,000

Overview

  • Convenience Stores, General Stores, Newsagents
  • Tagline

Description

Key Features
Weekly sales circa. £5,500
Annual Rent £21,600
Spacious 5 bed property
Additional Council Premises
Established over 30 years
No current premises licence (new tenant can apply to council)

Business
A very well established newsagent and convenience store with and spacious 5 bedroom accommodation. Equipped for the sale of cigarettes, newspapers, magazines, confectionery, convenience goods, frozen & chilled products. F&F’s include a 2.5m Pepsi Max drinks chiller, 0.75m Pepsi Max drinks chiller, 1.2m drinks chiller and 2m chest freezer.

This business has been established for over 30 years with current ownership since 1992.

Premises
Ground floor business premises incorporating stockroom and bathroom to the rear. Internal access to first floor accommodation incorporating 5 bedrooms and a large bathroom.
Internal access to ground floor council owned premises.

Rent Breakdown
Total Annual Rent £21,600 (£1,800 per month)
Business and living premises £18,000 (£1,500 per month)
Council premises £3,600 (£300 per month)

Rateable Value
£6,400

On-Site Services
Lottery & Paypoint Services
Amazon parcels

Premises Licence
Monday to Saturday 8:00am-10:30pm
Sunday 10:00am-10:30pm

Property Type
A1 Retail

Accommodation
The accommodation incorporates five bedrooms, living room, kitchen and bathroom and is accessible through an external door separate from the business. Further details available on request.

Disclaimer Notice
Any financial information shown for the business shown is based on verbal information provided by the vendor. A1 Businesses for Sale makes no warranty as to the accuracy of this information and advise that any interested parties make the relevant enquires to satisfy themselves of any particulars related to the sale.
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.

Viewings
Any viewings for the business and/or property are to be made strictly by appointment only through A1 Businesses for Sale. No approach should be made directly to the owner or any of their employees.

  • Area England, Newcastle upon Tyne, Tyne and Wear

Details

Updated on February 2, 2025 at 5:10 pm
  • Price:

    £50,000

  • Property Type:

    Business, Convenience Stores, General Stores, Newsagents, Retail Businesses

  • Tagline:

    Convenience Stores, General Stores, Newsagents

  • Website:

    https://a1businesses.co.uk/property/5867/

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