Convenience Store for sale

Simms News, 75 Ellison Street, Jarrow

£64,995

Property Description

Full description

A very well established newsagents. Retail turnover circa £6,750 per week. Rent £11,500 per annum.
Situated in a busy South Tyneside location. National lottery, scratch cards, pay point & parcel service, generating an annual commission of £21,000+. Over 5,00 customer sales per week. No newspaper round. Scope to increase revenue by introducing an off licence and extending the current opening hours (up to 25 extra hours), creating the possibility of an additional 20% turnover. Not currently selling alcohol. Genuine retirement sale. Bus and metro station within 3 minute walking distance. Shop floor 98 sq. m. + store room 20 sq. m. Included in the sale are 3 double door, 1 x single door milk chillers, 1 x ice cream freezer, magazine and tight stand, 2 x greeting card display units, 1 x cigarette gantry, 2 x cash registers, 6 colour camera system and a GSM alarm. Open Monday - Saturday 06:30 - 18:00 and Sunday 7:00 - 14:00.
Leasehold £64,995 + (SAV)
Freehold purchase option also available 
Ref G326


More information from this agent

Nearest stations

  • Jarrow (0.3 mi)
  • Hebburn (0.9 mi)
  • Howdon (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB

0191 687 0112 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

  • Jarrow (0.3 mi)
  • Hebburn (0.9 mi)
  • Howdon (1.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Rook Matthews Sayer, Newcastle Upon Tyne - Commercial Properties

Newcastle House Albany Court, Newcastle Business Park, Newcastle Upon Tyne, NE4 7YB

0191 687 0112 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.

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