Convenience Stores for sale in Tyne and Wear

View the "WELL EQUIPPED NEWSAGENTS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

I can honestly say I was overwhelmed by the amount of interest and enquires.

Jo White (April 2016)
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Freehold Price: £159,995 Price Reduced
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Business Description
Situated in the desirable town of Dunston
High amount of regular and repeat trade
Scope to further develop the business
Advised annual turnover of £350,000
Alcohol licence (7 days till 10pm)
Genuine reason for sale
Walk in condition
Easy to run

Business History

Meridian Business Sales are delighted to offer to the market this brilliant newsagents which was established in 1929. The only reason this ideal business is being offered to the market is due to our clients desire to take a well deserved retirement.

Since the business was established our clients have continually developed and improved the business introducing new lines and income streams which have enhanced the business massively.

Our client informs us that annual turnover currently runs at £350,000 which is derived from offering a range of products such as food, drinks, newspapers, magazines, the national lottery and much more.

The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. Due to the superb location of the business it enjoys a large daily passing trade and high footfall.

The business has been run at a pace to suit our clients lifestyle meaning that there is scope for a future purchaser to further develop the business by introducing longer opening hours.

The business is well equipped throughout and is being sold with all fixtures and fittings included in the sale price which is a huge plus for a new owner as additional funds will not need to be spent on modernising for many years.

This is a superb opportunity to purchase a true lifestyle business which is a great base to build upon and as such early viewing is highly recommended as this fantastic business is not to be missed.
Trading Hours:
Monday: 6:00am - 6:00pm
Tuesday: 6:00am - 6:00pm
Wednesday: 6:00am - 7:00pm
Thursday: 6:00am - 6:00pm
Friday: 6:00am - 7:00pm
Saturday: 6:00am - 7:30pm
Sunday: 6:00am - 6:00pm

Tenure: Freehold

Accommodation Details:
Well signed property briefly comprising: GROUND FLOOR Secure entrance leading to: Shop floor Serving counter Various shelving/ display areas Drinks fridges FIRST FLOOR There is scope to create a 1 bedroom flat above the shop

Location Details:
This excellent newsagents is situated on a through road in the desirable town of Dunston, Gateshead, Tyne and Wear. The business is surrounded by complimentary businesses, residential properties, leisure facilities and much more deriving much of the businesses trade. Dunston is now split into two distinct areas separated by the well known A1 dual carriageway, which runs through Dunston, and provides transport links to almost anywhere. The town is easily reached via the A1, the A184 and the A692 making commuting easy for anyone who wishes to visit.

Listed by: Meridian Business Sales Limited
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