Simms News, 75 Ellison Street, Jarrow £64,995

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Simms News, 75 Ellison Street, Jarrow £64,995

 

On Market

Simms News, 75 Ellison Street, Jarrow

 

 

Retail business for sale. 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 5,000 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 07:00 – 14:00.
Freehold purchase option also available
Leasehold £64,995 + (SAV)

Ref G326

 


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  • Area: Simms News, 75 Ellison Street Jarrow Jarrow Tyne & Wear NE32 3JU South Shields 
  • Price Range: £64,995 
  • Branch: South Tyneside 
  • Type: Commercial 
  • Commercial Property: Businesses For Sale 
  • Type of Property: Retail 
  • Business Type: Retail 
  • main_advert: Retail business for sale. 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 5,000 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 07:00 - 14:00.

    Freehold purchase option also available

    Leasehold £64,995 + (SAV)


    Ref G326