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• Sales circa £4,000+ weekly with strong margins.
• 5 day trading week with weekend potential.
• Ideal opportunity for a couple or partnership.
• Forms part of a busy shopping parade.
• Prime retail, office and industrial estate location.
• Scope to introduce other services.
• Leasehold £49,950 plus stock at valuation.
We are verbally informed that the premises are held on a 10 year lease from August 2019 with a break clause at the 5th anniversary. The current rent is £7,500 including service charges and a copy of the lease will be available on request.
£7,500 per annum
The premises are located within the original shopping parade built to serve the ever popular Team Valley Trading Estate. The Estate is the North East’s premier commercial location covering 285Ha (704 acres) and providing in excess of 650,000 sq.m. of office, retail and industrial space.
The shopping centre is located on Kingsway which is the main road through the Estate and the shops have their own designated car park.
Comprise a self-contained ground floor shop which forms part of a busy shopping parade.
New owners could look into offering other services, such as outside catering or delivery rounds, and the business is a rare to the market opportunity with high profit margins and potential to grow in the right hands.
Monday - Friday 6.00am – 4.00pm
Saturday & Sunday Closed
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