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149 Rushyrig 1,275 SF of Assignment Available in Washington NE37 1LN

Assignment Highlights
- VAT is advised as not applicable on the transaction.
- Alcohol licence, PayPoint and CCTV in place.
- Sunderland is approximately 8 miles east and Newcastle upon Tyne is approximately 9 miles north.
- Reported weekly turnover of £14,000 and annual turnover of £728,000
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,275 SF | Negotiable | $12.66 /SF/YR $1.06 /SF/MO $16,145 /YR $1,345 /MO | TBD |
Ground
The opportunity comprises the sale of Blackfell Store, Off Licence and Post Office, a trading convenience store business situated in a single-storey building within a residential estate in Washington. The business benefits from an alcohol licence, PayPoint, CCTV, allocated parking and a reported weekly turnover of £14,000. The property is offered at £175,000 with new lease terms at £12,000 per annum, and VAT is advised as not applicable.
- Use Class: Class 1A
- Assignment space available from current tenant
- Located in-line with other retail
- Off Licence and Post Office
- Allocated parking
- Alcohol licence
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Property Facts
| Total Space Available | 1,275 SF | Gross Leasable Area | 1,275 SF |
| Property Type | Retail | Year Built | 1975 |
| Property Subtype | Storefront |
| Total Space Available | 1,275 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,275 SF |
| Year Built | 1975 |
About the Property
The property comprises a retail convenience store business known as Blackfell Store, Off Licence and Post Office, positioned within a single-storey building in a residential estate in Washington. The accommodation includes a shop front, storage space and W.C.s, with a stated net internal area of 1,275 sq ft. The business is currently trading and benefits from tobacco and alcohol sales, post office services, an alcohol licence, PayPoint and CCTV.
- Energy Performance Rating - B
- Storage Space
Presented by
149 Rushyrig
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