Traditional store in prime area of Newcastle for sale

A traditional gift store in a prime high street location has come up for sale on a leasehold basis. Sparkles, 232 Chillingham Road, Newcastle, is on the ground floor of a mid-terraced property

Sparkles gift store for sale in Chillingham Road, Heaton
Sparkles gift store for sale in Chillingham Road, Heaton

A traditional gift store in a prime high street location has come up for sale on a leasehold basis.

Sparkles, 232 Chillingham Road, Newcastle, is on the ground floor of a mid-terraced property. There is an internal area of 442 sq ft, made up of an open-plan sales area, small store room to the back and toilet facilities. There is also a small yard to the back of the premises.

The gift shop has traded from this location for many years. The owner took it over eight months ago. Since then the shop has had a complete refit with new signage, flooring, ceiling and overall fixtures and fittings.

Since taking over the business, the owner-operator has worked with the help of one part-time member of staff to build up an excellent reputation offering a selection of cards, gifts, balloons, confectionary and other goods.

The premises, which has a large window frontage, is priced £12,500 plus SAV. Rent is £16,000pa. The business has a current turnover of around £1,000pw.

Chillingham Road is sought-after by both corporate and private retailers. The main thoroughfare through Heaton and links the A1058 Coast Road to Byker.

Heaton has the advantage of having a large student population and also has good public transport links.

For more information, contact selling agents Rook Matthews Sayer, tel: 0191 212 0000.

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