Premier - Ashington Convenience Store, 45 Station Road, Ashington, Northumberland, NE63 9XE

A large three storey end terrace property, the property benefits from a spacious basement, first floor & the ground floor convenience store. The store is located in the centre of the town with a new cinema being built and a new square being built in place of the old Wilko property.

The property could benefit from a refit to the trading area, the first floor & basement are currently vacant but with the relevant planning permission these could both be redeveloped.

Superbly located at the top of Station Road with the new metro station opposite. This should drive new footfall to the area, also importantly located with car parks situated nearby.

The store benefits from a busy high street with numerous national and local brands around. Ashington is approximately 20 miles north of Newcastle city centre, on the North East coast of England.

Trading as a Premier convenience store with one central gondola aisle, sales counter with Epos till, lottery terminal and scratch cards, small vapes display, tobacco gantry. Newspapers, magazines, greeting cards display. Open chiller for fruit and veg., milk and dairy. Chiller display of beers, ciders, and wines. Chillers for soft drinks, triple upright freezer, Rijo coffee machine, shelving for sale of convenience foods, breads, cakes, confectionery, crisps, and household goods.

Basement:
A large area with its own pedestrian door access, to the rear service lane and it is currently vacant .

First floor:
Formerly used as commercial unit, currently requiring refurbishment, and used as storage, there are toilets.

Subject to planning permission and building works including altering the staircase and doorway considered, this could become a self-contained commercial unit or residential use.

All fixtures and fittings are to be included within the sale however, any items that are owned by a third party or personal to our clients will be exempt.

The store benefits from various store rooms and staff facilities, with internal staircases to the basement & first floor.

Our client's family run the convenience store together with staff. Ashington Town Centre is benefiting from large amounts of investment, the town has a brand new Metro line, a cinema and square are to be built in front and behind the property, this will in turn drive even more footfall past the store.

The trading hours could be extended to increase the weekly turnover, the potential to develop with the relevant planning the basement and the first floor, these could be developed into commercial or residential units.

Our client's family member works part-time in the business together with one full-time, and one other part-time staff.

Turnover to the 1 January 2022 to 31 December 2022 was £424,347 including VAT, producing £75,762 gross profit. There are also commissions from the Lottery.

Monday to Saturday: 08:00am - 7:00pm
Sunday: 09:00am - 5:00pm

The property is available on a freehold basis only.

The Rateable Value is £13,750 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Premises licence.