Convenience Store for sale

Spar, Lead Road, Greenside, Ryton, NE40 4SW

£155,000

Property Description

Commercial information

  • Business for sale

Key features

  • Average turnover 16,000 pw + Commissions
  • 15,000 PA local Post Office income
  • Lottery and PayPoint commissions
  • Ideal for family owner operation
  • Strong village community store
  • Retirement sale, same owner 17 years, Energy Rating C

Full description

Tenure: Leasehold

Description

A Spar branded convenience store with recently introduced local Post Office. Please note that this is not tied to Spar.

The store benefits from strong weekly sales and commissions, with trade from residents, commuters and passing footfall.

Location

The business is situated on the main road opposite a butchers and next to a hot food take away in an expanding village. There is a good mix of residential housing nearby. The area benefits from passing traffic leading to other local villages and is located to the south west of Newcastle upon Tyne.

Internal Details

An attractive convenience store which includes a news and magazine stand, fresh fruit and vegetables, chilled dairy products, soft drinks, chilled alcohol, frozen foods and two gondola aisles. Sales counter with two cash registers, local Post Office position and Lottery terminal. Tobacco gantry, wall mounted shelving for display of spirits and convenience products. Two upright freezers, and a triple ice cream freezer, modern suspended ceiling and tiled floor.

Ancillary areas include three spacious store rooms and a cellar.

Other Floors

On the first floor is an office, staff kitchen and toilet, and an additional room. The first floor may be able to be converted into a flat, subject to obtaining the relevant planning consent.

External Details

Car parking and a shared enclosed area at the rear.

The Opportunity

Our client has owned a number of businesses for many years and has now decided to reduce as future planning towards retirement. He has owned this store for 17 years which is now predominately run by staff. This is an ideal operation for a owner-operator or a family.

Staff

Our client works part time between this and another business. The store is run with a mixture of full and part time staff and our client is able to take several holidays each year and leaves the business in the hands of staff.

Trading Information

We hold weekly sales figures from the supplier. These can be made available to seriously interested parties.

Trading Hours

The business opens from 6:30am - 10pm Monday to Sunday.

Regulatory

The business is appointed as a National Lottery outlet and the purchaser will have to apply to Camelot Plc for the transfer of the lottery.

Premises Licence.


More information from this agent

Nearest stations

  • Wylam (1.9 mi)
  • Blaydon (2.8 mi)
  • Prudhoe (3.4 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.

Floorplans


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

  • Wylam (1.9 mi)
  • Blaydon (2.8 mi)
  • Prudhoe (3.4 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 6410934-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.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.