Nationwide are proud to offer to the market SUBSTANTIAL CONVENIENCE STORE. Situated in a parade, excellent main road trading position, residential, office and commercial area, TYNE & WEAR.

Impressive DOUBLE FRONTED PREMISES in the region of 5,000 ft² with ELECTRIC SHUTTERS. CCTV system (32 cameras, 1 monitor). Tiled floor, suspended ceiling with LED lights. Sales counter, 2 EPOS tills, cigarette drawer, modern adjustable shelving, 15 meters glass fronted upright double door drinks display fridge, ice cream freezer, deep freeze, etc.

Stockroom in the region of 2,000 ft²

Office

2 Toilets with w.c. and wash hand basin

Turnover : WE ARE INFORMED by the owner the turnover currently averages £15,000 p.w. with a gross profit of 22% approx. Wholesale newsbill £600 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £150 per week approx.
PAY POINT £10 per week approx.
LOCKERS £2,000 per year approx.
VAPE DISPLAY Gantry £500 per year

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £160,000 plus STOCK AT VALUATION (£60,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT. (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £160,000 (G8981)

www.NationwideBusinesses.co.uk