Off Licences for sale in Newcastle upon Tyne

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Off License & Convenience

Newcastle upon Tyne, Tyne and Wear, England

  • Leasehold Price: £289,000
  • Weekly Turnover: £19,000
Seller Reference: 583127
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Business Description
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Seller Reference: 583127
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Business Description


This is one of the best convenience stores seen for some time – the premises have been fitted and equipped to the HIGHEST OF STANDARDS more usually associated with the corporate national traders. Situated in this delightful residential area, surrounded by houses. The business continues to provide the opportunity for future growth and have been approved by the Post Office for the installation of a sub Post Office which is to be introduced during the first quarter of 2019. This presents an exciting opportunity for a new owner to further develop the business and increase the very healthy profits even further. The business is run in relatively standard hours for the trade by our client with a small team of competent staff, achieving a VERY IMPRESSIVE WEEKLY TURNOVER OF £18,000 TO £20,000 and has proved to be very successful for our clients. VIEWING IS A MUST. The premises were purpose built in 2011 and are offered on a new, secure lease and comprise detached store with two customer car parks and external ATM. The store is beautifully presented throughout and offer a spacious retail area of approximately 1,830 sq ft which are well fitted and equipped, benefitting from extensive refrigeration, two position cash out counter with full EPOS system. Stock room with walk in fridge, freezer and delivery bay. Staff WC, office with kitchen area and CCTV monitoring station. Managers private shower room and WC.
Stock £80,000 to £90,000. EPC Band C.
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