An immediately unopposed, good turnover convenience store within a row of businesses. The shop benefits from Lottery, Parcel delivery and Payzone. The shop floor is over 1,000ft². It has three large chiller units and two standing fridges. We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.
There is ample parking available at the front of the shop and the store is conveniently located within close proximity to other businesses and residential dwellings.
The business is run by the owner and staff. The business currently employs 2 part-time members of staff. This is a reluctant business sale and is being offered for due to our client’s retirement.
Shop Trading Area: 100m² (1,076ft²)
Stockroom Area: 15.7m² (169ft²)
Avg weekly sales £14,000
Central residential location
Sizeable open plan trading area
Annual Rent: £13,000
Rateable Value* is £7,600
* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay)
Premises Licence: Licensing hours from 8:00am - 11:00pm
Stock Value: Approximately £25,000
Owner run business with 2 part time staff
Lease Terms: New lease available for 10-20 year term
Interested in this Business?
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Monday to Sunday 8:00am - 7:00pm
Excellent convenience and off licence leasehold opportunity in a dense residential area of a housing estate in Glynfellis, a suburb of Gateshead in Tyne & Wear.
A new lease of between 10-20 years would be available with a passing rent of £13,000 per annum