Convenience Stores for sale in Tyne and Wear

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Mr & Mrs Campbell (Jan 2015)
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Freehold Price: £289,995
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Business Description
Long established and highly reputed business
Situated in the desirable town of Gateshead
Advised annual turnover of £450,000
Ideal lifestyle opportunity
Genuine reason for sale
Post Office counter
Walk in condition
Off licence sales

Business History
Meridian Business Sales are delighted to offer to the market this well established convenience store which has been in our client’s careful hands for 25 years. The only reason this excellent business is being offered to the market is due to our clients desire to take well deserved retirement. Since the business was established our clients have continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively. Our clients advise us that the annual turnover currently runs at £450,000 which is derived from the sale of a variety of goods and services including newspapers, magazines, cards, general convenience items, and chilled, frozen foods and alcohol. The business offers Post office services, an ATM and lottery which attracts further custom. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. With the benefit of owners accommodation, which could be let, this is a superb opportunity to purchase a true lifestyle business in a semi rural area in the UK and as such early viewing is strongly advised as this excellent business is not to be missed.
Trading Hours:

Monday: 6:30am - 9:00pm
Tuesday: 6:30am - 9:00pm
Wednesday: 6:30am - 9:00pm
Thursday: 6:30am - 9:00pm
Friday: 6:30am - 9:00pm
Saturday: 6:30am - 9:30pm
Sunday: 6:30am - 9:30pm

Tenure: Freehold

Accommodation Details:

Detached well signed premises briefly comprising: GROUND FLOOR Sales area comprising: Post Office Counter ATM machine Lottery and Pay point facility Well equipped for business including: Central shelved area Newspaper/magazine/card display Alcohol/refreshment display area – 2 large drinks fridges Chilled food display – dairy cabinet Frozen Food area – 2 large chest freezers, 2 small chest freezers Double and single wine cabinet Compressor (air conditioning) Store room with 2 back up fridges Two further storerooms WC FIRST FLOOR – Excellent owners’ accommodation briefly comprising: Landing Boiler/airing cupboard Kitchen/diner Sitting room Fitted Bedroom Bathroom EXTERNAL Car park to the front Double gates to rear

Listed by: Meridian Business Sales Limited
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