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Newsagency And Flat Wideopen In Newcastle Upon Tyne For Sale

Newcastle-upon-Tyne, Tyne and Wear, UK
Asking Price:
£29,950
Turnover:
£156,000
Net Profit:
Available on request

• Sales £2,500 - £3000 weekly plus commissions
• Long established and reputable business. Busy secondary retail parade.
• Self-contained retail unit with 2 bed flat above.
• Ideal owner operator business.
• EPC - C
• LEASEHOLD £29,950 plus stock at valuation.

Property Information

Property:

Leasehold

Lease Terms:

The premises are available on a new lease with full terms to be agreed. The asking rent is £10,500 per annum.

Leasehold Rent:

£10,500 per annum

Location:

Wideopen is a pleasant and expanding residential suburb located approximately 5 miles north of Newcastle just off the A1. The business forms part of a fully occupied retail parade with a range of occupiers including a coffee shop, hardware shop, beauty salon and a vets practice.

All the occupiers have the benefit of unrestricted pull in parking to the front and there is also on-street parking in the surrounding private residential estate.

Premises Details:

Comprising a self-contained ground floor retail unit with a 2 bed flat above;
Ground Floor
Sales Area extends to circa 300 sq.ft. (27.9 sq.m.)
Kitchen

First Floor
Lounge
2 x double bedrooms
Kitchen
Bathroom

External
W.C.
Small yard for bin stores

Staff:

The business is owner operated.

Energy Performance Rating:
C  View EPC Graph for this property

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday - Saturday 6.00 am - 6.00 pm
Sunday 6.00 am - 1.00 pm

Employees:
The business is currently operated by the owners.

Other Information

Contact North East Commercial

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