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Convenience Store Off Licence Post Office And Flat For Sale

Newcastle-upon-Tyne, Tyne and Wear, UK
Asking Price:
£375,000
Turnover:
£639,735
Net Profit:
Available on request

Camperdown Convenience Store 28-30 Station Road, Camperdown, Newcastle Upon Tyne NE12 5UX
Convenience store, off licence, newsagent and post office. Large 4 bedroom flat. Retail sales £639,735 (2020) £750,731 (2019 pre covid). Post office income £13,962. Retail unit 112 sq. m. (1,027 sq. ft.). Long established business 30 + years. Genuine retirement sale. Business recently refurbished.

Offers from £375,000 (Freehold) plus stock at valuation

Ref H319

Property Information

Property:

Freehold

Location:

The business is situated on Front Street the main road running
through the village of Camperdown and enjoys excellent passing
trade. Camperdown is approximately 8 miles north of Newcastle
City Centre. Transport links are also plentiful, A1 2 miles and
A19 only 1 mile. Metro stations are 5 minutes away making the
business an ideal location for commuters. The business also
benefits from being just around the corner from Cygnet Park a
new large housing development, which offers a range of 2, 3 & 4
bedroom homes.

Premises Details:

Business Description
The business is a busy well fitted convenience store, off licence
and Post Office on a busy main road location. The business has
been trading for 30 + years and is therefore well known and well
regarded with regular and long-standing customers. The
business sells associated confectionery, newspapers, wines,
beer, spirits, tobacco, dairy products, frozen foods, ice cream
and a wide range of convenience goods.
The business also offers a range of services including Post Office
services, National lottery, free standing cash point and pay
point. There is huge scope to increase trade by increasing the
opening hours.

Property
A well presented two storey mid terrace property with pitched
slate roof. The ground floor being 112 sq. m. (1,027 sq. ft.)
consists open plan retail area, store rooms and kitchen/W.C
facilities. The unit is very well presented having recently having
a full refurbishment and investment into new fridges and safety
flooring.
The first floor is a very well presented spacious 4 bedroom flat
with private access to the left of the building. It was recently
refurbished with new flooring and decoration throughout.
The property also benefits from a full CCTV system and electric
roller shutters.

Tenure
Freehold

Price
Offers from £375,000

Trading Information
Year ended 31st May 2020 £639,735
Year ended 31st May 2019 £750,731
Commission Year ended 31st May 2020
Post Office £13,962
Lottery £8,764
Cash Machine £2,880

Viewing
Strictly by appointment through this office.

Rateable Value
The 2020 Rating List entry is Rateable Value £7,800

Council Tax Band
Band A

Size in square feet:
1,027

Business Operation

Reasons for selling:

Retirement sale

Trading hours:

Monday – Sunday 6:00am – 8:00pm

Employees:
The business is family run.

Other Information

Related Documents:
Post office salary:
£13,962 per annum

Contact RMS Estate Agents

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