Profitable Costcutter Convenience Store & Off Licence in Newcastle upon Tyne. The shop is situated on a busy high street alongside other businesses and benefits from a firm customer base and strong yearly turnover. The densely merchandised trading area is 860ft² with 2 central gondolas. Fixtures &fitting’s include 2m and 3.8m wine chillers, 2 x 1.8m drinks chillers & 2.3m freezer. The business has EPOS till system, Lottery & PayPoint and internal cash machine. The business is mainly self run and the current owner is selling due to other commitments.
Gross Annual Income
* (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
Current Lease Term
The premises has a licence to sell alcohol
Stock Value Estimated
Retail Area 80 m² (860ft²)
Storerooms 28.5 m² (307 ft²) with rear access
25 year Lease
Lottery & Pay Point
Monday – Thursday 8am – 8:30pm
Friday – Saturday 8am – 9pm
Sunday 9am – 8pm
Located on a busy street in an eastern suburban area of Newcastle upon Tyne in the North of England. The business is close to local amenities and generates a steady income.