Convenience Stores for sale in Newcastle-upon-Tyne

View the "Convenience Store & Off Licence with 1 Bed Accommodation in Palmersville" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Convenience Store & Off Licence with 1 Bed Accommodation in Palmersville

Newcastle-upon-Tyne, Tyne and Wear, England

  • Freehold Price: £224,950
  • Leasehold Price: £65,000  Price Reduced arrow_drop_down
  • Annual Turnover: £364,000
Seller Reference: 5748
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Business Description
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Seller Reference: 5748
Request Details
Business Description
A well established business located on a busy road in Newcastle upon Tyne with no direct competition and close to Palmersville metro station.


A medium sized convenience & off licence store with a 1 bedroom accommodation with separate access from the side. Well refitted throughout with F&Fs which include a 1.5 m chiller cabinet, two 3m chest freezers and a 4m drinks chiller. Ancillary areas include kitchen/lounge area leading to a bedroom, bathroom and outside to the garage.

There is good car parking availability outside the shop and rear delivery access. The shop has further income from lottery, Pay Point and parcel delivery.

The business has been run by the current husband and wife for the last 7 years and they are selling due to personal circumstances.

Shop Dimensions

Trading Area: 67 m² (721 ft²)
Stockroom Area + Garage: 50 m² (538 ft²)

Weekly Sales

Business Annual Rent

Business Rates
Current rateable value £5,700
(Business rates relief available please see below *)

Fixtures & Fittings Approximate Value

Accounts Available
3 years

Annual Net Profit
Available on Request

Gross Profit Margin
23 %

* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay)

Further Details
Premises Licence
Monday to Sunday 8:00am-11:00pm

Stock Value Estimated

Key Features
• Freehold and leasehold business

• 1 bedroom accommodation

• Close to local metro transport link

• Located on a busy main road

• Well established business
Trading hours:
Monday – Saturday 10:30 am – 8:30 pm Sunday 11:00 am – 7:00 pm
Number of employees:
Leasehold, Freehold
Is accommodation included?:
The downstairs 1 bedroom accommodation is available to purchase or rent. Please contact us for more information .
Number of bedrooms:
No direct competition
Location Details:
The property is located on a very busy road, Great Lime Road in Palmersville, Newcastle and near to local transport link Palmersville metro station.
Leasehold Term:
New terms will be available on a leasehold purchase.
Listed by:
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