We offer for sale a convenience store & off licence business within a popular shopping centre in Washington, Tyne & Wear situated close to local amenities with no direct competition nearby.
The business is located in Washington Village Centre and is situated just off the main road next to a local pub within a dense residential and with ample parking to the rear of the shop. Located close to local amenities there is a local pub, school, park and Inn within walking distance.
The shop has a sizeable open plan trading area with modern fixtures and fittings throughout including a 2 x 3.75 m chillers, 2 x 2 m chest freezers. Typical features include lottery, Paypoint, CCTV and rear delivery access. Increasing product lines and dedicating more hours to the shop could generate an increase in weekly sales. There is sufficient trading area that could accommodate more versatility offering potential to further developed the business. Ancillary areas comprise of two similar sized stockrooms and comes with a washing area that could be used as a kitchen complete with two W.C. units
Lease currently has 1 year remaining and is renewable with a 10 year term.
Trading Area: 84 m² (904 ft²)
Stockroom Area: 21.3 m² (229 ft²)
Business Annual Rent
Current rateable value £6,500
(Business rates relief available please see below *)
Fixtures & Fittings Approximate Value
Annual Net Profit
Gross Profit Margin
* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) Click here for more information
The premises has a licence to sell alcohol
1 non contracted member of staff
Commissions on Services
Available on Request
Stock Value Estimated
• No direct competition
• Located in a popular residential area
• Fully fitted business
• Car parking to the rear of the shop
• Opportunity to develop business
Monday – Thursday 7:00 am – 10:00 pm Friday – Saturday 7:00 am – 11:00 pm Sunday 8:00 am – 9:00 pm
The business is located in Donwell Village Centre in Washington just off the main road and close to local amenities and local pub with car parking outside. The shop benefits from being central to the surrounding popular residential area.
Expiration 01/10/2020 renewable with a 10 year term