Shop for sale

Off Licence, 87 Stamfordham Road, Fenham, Newcastle upon Tyne, NE5 3JN

Offers in Region of £29,950

Property Description

Commercial information

  • Business for sale

Key features

  • Advised average weekly sales 5,000 to 6,000
  • Re-fitted & re-opened in 2016
  • Ideal for first time buyer, ready to trade
  • Lottery and scratch cards
  • Busy location, highly visible
  • Fully staff run. Energy Rating D

Full description

Tenure: Leasehold

Description

The business occupies the ground floor of a two storey end terraced property surrounded by densely populated housing on a highly visible main road.

Location

The business is situated on a main road near Newcastle city centre. The area is populated with a mixture of private and Local Authority housing, with a large supermarket near by, bus stop outside and pull in parking for the convenience of customers.

Internal Details

Our clients fully refitted the store in 2016 installing new flooring, suspended ceiling and CCTV system. Sales counter with National Lottery terminal and tobacco gantry, a range of chillers for soft drinks and alcohol, wall shelving, newspaper display box and small magazine display.

Storage to the rear with staff toilet facilities.

The Opportunity

We feel this business is ideal for a first time buyer, as it has been set up by an experienced operator and is currently managed and run by staff, and there is no tie to any symbol group.

The store is run predominantly as an off licence and there are commissions from Lottery and scratch cards.

Staff

The business is operated with one full time manager assisted by part-time staff.

TUPE regulations apply to the transfer of all staff.

Trading Information

No accounts are available at the moment, however we have been advised by our client that the average weekly sales are in the region of £5,000 to £6,000 per week and rising, projecting to be £8,000 per week by the end of year one.

Trading Hours

The business opens from 11.00am to 10.00pm seven days a week.

Regulatory

Premises licence.


More information from this agent

Nearest stations

  • Kingston Park (1.7 mi)
  • Bank Foot (1.8 mi)
  • Wansbeck Road (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Kingston Park (1.7 mi)
  • Bank Foot (1.8 mi)
  • Wansbeck Road (1.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Newcastle Upon Tyne

Shakespeare House 18 Shakespeare Street, Newcastle Upon Tyne, NE1 6AQ

0191 687 0826 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 6410895-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co , Newcastle Upon Tyne. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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