Counter Newsagency In Longbenton For Sale

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a rolling Nexus lease at a monthly rent of £740 (£8,800 per annum which includes electricity.

Leasehold Rent:

£8,800 per annum

Location:

This business forms part of Longbenton Metro Station which is located within a residential housing estate just off the A191, Benton Park Road.

Longbenton is a popular residential suburb to the north east of Newcastle city centre and home to a broad demographic of residents. Longbenton is also home to Benton Park View which is currently home to one of the largest DWP and HMRC departments outside of London. This Metro station is one of the nearest public transport hubs to this facility.

Premises Details:

Longbenton Station originally formed part of the local rail network before being incorporated into the Metro network in 1980. The station is an attractive building dating back to 1947, and the kiosk sits adjacent to the southern platform.

The shop is a traditional CTN outlet but also offers a range of hot and cold sandwiches together with teas and coffees. Please note that the retailing of hot food from the on-site kitchen is restricted till 2pm.

As you would expect, most of the trade comes from the Metro passengers, but they comprise a broad range of people that include commuters, students and workers from the government offices and Freeman Hospital.

The current owner only trades weekdays by choice and does not open in the evenings either.

This is a rare-to-the-market business opportunity ideal for owner-operators to grow. The trading hours can certainly be extended, and some additional lines could be added.

Energy Performance Rating:

D

Business Operation

Reasons for selling:

Retirement sale.

Trading hours:

Monday - Friday 6.30 am - 5.30 pm
Saturday & Sunday closed

Permitted trading hours are 6.30am to 10pm Monday to Saturday.

Employees:

The business is operated by the owner