Free parking to the side and the front of the store
Relied upon by the local community
Energy Rating D
A long-established leasehold convenience store located upon a busy main road. This business is fitted to a good standard. A rare opportunity to acquire a longstanding off licence and convenience store currently opening with short hours.
This site and has space for storage in the back of the property and a secure garage to the side. The site is fully staffed full time therefore it has huge potential to increase sales with onsite management and extending hours.
This would be ideal as a family run store or it would suit a hands on multi store operator.
INTERNAL DETAILS
The store is equipped with all required chillers, freezers, shelving and gondolas. The business sells a full range of products as would be expected for a convenience store, including, alcohol, tobacco, vapes, confectionery, and general items of convenience. This business has PayPoint and lottery.
External Details
The business benefits from having free parking to the front and side of the store for customer use.
FIXTURES & FITTINGS
We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.
LOCATION
This property is on a busy main road in Newcastle upon Tyne. The site benefits from being surrounded by a huge residential area and the shop could go from strength to strength. There is no immediate competition and the other shops complement each other.
THE OPPORTUNITY
This local convenience store is relied upon by the local community. This business is fitted to a good standard and is being offered on a leasehold basis. The current owner has decided to retire after 20 years and wishes to spend his time without being called away at short notice. There is huge potential for increasing sales by good management and or a new hands-on operator. The site could add lots of new items to the business, this opportunity has been missed by the current operator as he has now lost interest and wants to spend his time in the sun abroad. An opportunity NOT to be missed.
TRADING INFORMATION
Trading information shows average weekly sale of £ 18,000 per week.
BUSINESS RATES
The current owner has advised that the store benefits from 100% small business relief on business rates. Purchasers however should make their own enquiries with the relevant local authority.
VIEWING
No direct approach may be made to the property. For an appointment to view please contact the agent.
TRADING HOURS
Monday to Friday 07:30 - 22:00 (Alcohol license is 08:00 - 23:00)
Saturday 08:00 - 20:00
Sunday 09:00 - 19:00
