Durham Road, Low Fell, Gateshead
- PROPERTY TYPE
Terraced
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- SHOP FOR SALE
- PRIME HIGH STREET LOCATION
- OFFERED WITH A NEW 5 YEAR LEASE
- OPPORTUNITY TO GROW & DEVELOP BUSINESS
- PROMINENT TRADING POSITION
- BUSINESS ONLY FOR SALE NOT BUILDING
Description
Belle Vue Estates are delighted to present this superb opportunity to acquire a well-established and highly regarded retail business.
Occupying a prominent position towards the southern end of the busy Low Fell High Street this long-standing business has an exceptional trading history, having proudly served the local community for over 100 years and earning its reputation as Gateshead's oldest established shop.
The ground-floor premises currently operate as a successful and well-established newsagent and convenience store benefiting from an established customer base built over generations.
The principal retail area is well presented and comprehensively equipped, currently offering a broad range of products and services including:
Parcels - Drop Off & Collection
National Lottery facilities
Alcohol sales licence
Greetings cards
Newspapers
Stationary
Pay Point
Cigarettes and tobacco products
Confectionery and sweets
Five commercial refrigeration units for food and chilled products
A selection of everyday convenience goods
In addition to the main retail shop, the premises provide a useful storage area, private office, CCTV security system, alarm system and shutters also WC offering practical ancillary support to the day-to-day running of the business.
This is a particularly exciting opportunity for an existing operator seeking to expand or for an ambitious purchaser looking to acquire a genuine, established and highly recognizable local business with significant trading history.
Please note: The sale relates to the business only. The building is not included.
CURRENT RENT £1200
per calendar month.
Early enquiries are strongly recommended to fully appreciate the longevity, position and potential of this unique business opportunity.
MAIN RETAIL UNIT
46' 0" x 17' 8" (14.034m x 5.405m)
STORAGE AREA
18' 1" x 13' 7" (5.522m x 4.149m)
OFFICE
11' 2" x 5' 2" (3.425m x 1.589m)
WC
8' 6" x 4' 3" (2.604m x 1.312m)
DISCLAIMER
These details have been prepared by our agency staff using both information provided to us by the vendor and following internal inspection. Please be advised particulars may still be awaiting verification and approval from the vendors and therefore should not be relied for anything other than general information. Fixtures and fittings included are to be agreed with the vendor and any photographs or mention of fitted appliances does not imply they are in working order. Internal measurements are taken as a guide only for prospective purchasers and may not be precise.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- On street
- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ground floor
Energy performance certificate - ask agent
Durham Road, Low Fell, Gateshead
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Visit our security centre to find out moreDisclaimer - Property reference Socketts, 578 Durham Road. 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 Belle Vue Estates, Low Fell. 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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