Shop for sale

Best One - Choppington, 3-4 North Crescent, Choppington, Northumberland, NE62 5JH

£90,000

Property Description

Commercial information

  • Business for sale

Key features

  • Sales 13,000 per week & rising + Lottery
  • Lotto sales 1,500pw & P/Point sales 3,000pw
  • Excellent refit in Dec 2016, zero rates
  • Owner operated, ideal for new family buyer
  • Private car park to front
  • Potential for freehold to include house behind. Energy Rating C

Full description

Tenure: Leasehold

Description

An extremely well fitted Best One branded convenience store which was fully updated in December 2016. Following the major rebrand and refit the average weekly sales have risen from £13,000.

Our client will consider either a freehold or leasehold sale. There is also a house which is available by separate negotiation.

Location

Situated in a Northumberland village leading on to a small town on a busy commuter route, the store is well served with passing traffic and regular trade from nearby residents.

There is a public house opposite and located just off a mini roundabout, it is highly visible from the road, with off street parking.

Internal Details

Ceramic tiled floor, modern suspended ceiling with LED lighting, four gondola aisles, which are well stocked. Sales counter with two cash registers with EPOS. Lottery terminal, PayPoint terminal, Lottery Scratch Cards. Tobacco gantry, shelving for spirits, upright freezers, modern dairy display, chillers for beers, wines and soft drinks. Ice cream freezer, newspaper and magazines display, stationery section and convenience section. Large store room to the rear.

Tenure Details

The price for the freehold of the shop is £250,000. A new lease option is available at £90,000 with an annual rental of £13,000. An option to buy the freehold after an initial lease begins can be considered. Please ask for further details.

Our client also owns a three bedroomed semi-detached house to the rear of the store, with a gate between the store and rear garden of the property.

This may be available by separate negotiation, for the freehold.

External Details

Six parking spaces to the front, and external ATM.

The Opportunity

Our client has developed this store from a cold start in 2012 when it was previously used for alternative use. It was converted to a convenience store and then modernised and re-branded as a Spar more recently.

This is an excellent opportunity for an owner operator to make cost savings and continue to see turnover rise, as locals appreciate the changes inside the store.

Staff

Our client works in the business with the assistance of his wife, three family members and three part time staff.

Trading Information

The average turnover per week is approximately £13,000 plus £1,500 for Lottery sales, £3,000 Pay Point and c. £200 per month ATM.

Trading Hours

The business opens from 6am - 10pm, Monday to Saturday and 7am - 9:30pm, Sunday.

Planning Permissions

Our client informs us that there is planning consent for a flat above the store under the below reference numbers:
PP/04211632
15/01708/FUL


More information from this agent

Nearest stations

  • Pegswood (2.8 mi)
  • Morpeth (4.1 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

  • Pegswood (2.8 mi)
  • Morpeth (4.1 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.

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