Description
Poundworld Newcastle has traded successfully from 53 Main Street for in excess of twenty years and represents the second retail operation within Holmes Poundworld Ltd.
Occupying a prominent position within Newcastle town centre, the store provides the business with an established presence in one of Northern Ireland's most popular coastal destinations, serving both the resident population and the significant seasonal visitor economy throughout the year.
Extending to approximately 3,038 sq ft, the premises provide an open plan retail sales area together with ancillary storage, staff facilities and a dedicated footwear department, allowing the business to offer a wide and diverse product range. The premises are occupied under a long-standing leasehold arrangement with a new long term lease available subject to contract.
Rooms
BUSINESS HIGHLIGHTS:
- Long-established retail operation
- Trading from the same location for over 20 years
- Approx. 3,038 sq ft retail accommodation
- Prominent Main Street location
- Leasehold premises
- Strong local and seasonal customer base
TERMS OF SALE:
The business is being offered For Sale by Private Treaty. However, the vendor reserves the right to conclude the sale via auction or “Best and Final” bids at a date and time to be confirmed.
The criteria required from interested parties in placing an offer must include:
Confirmation of name and address of proposed purchaser
Confirmation of offer level
Proof of funds from Bank to confirm that adequate funds are available to complete the purchase at offer level
Timescale to complete the purchase post acceptance of offer
Confirmation of solicitor who will represent purchaser
10% deposit of agreed purchase price shall be payable upon agreement of sale
Further information pack to be provided at this point