Convenience & Off Licence with 5 Bedroom Property
Located in a housing estate, the shop is in the heart of a popular residential area with a good local customer base. The current owner has been operating for 3 years and has increased trade since purchasing.
Excellent freehold opportunity to acquire a large detached 5 bedroom property with a well established convenience & off licence business trading within a residential suburb of Gateshead.
Fixtures and fittings include 3 x 2m chest freezer, 1 x chest freezer, 4 x 1 m drinks chillers. The shop floor is open plan with modern shelving units. Good sized stockroom area with WC and kitchen is located to the rear. There is a genuine reason for sale.
The property comprises of a large 5 bedroom accommodation on the first floor in good condition and ideal for a family residence. It is currently on a short term tenancy agreement and generating an income of £6,400 per annum.
Planning permission was granted to develop two separate units / accommodation upstairs.
Please contact us for further information on the accommodation.
Trading Area 101.82 m² (1,096 f²)
Stockroom Area Total 50.5 m² (543.5 f²) with rear access
Available on Request
All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale). See our disclaimer page for more details.
Any viewings for the business and/or property are to be made strictly by appointment only through A1 Businesses for Sale. No approach should be made directly to the owner or any of their employees.
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
Fixtures & Fittings Approximate Value
Annual Net Profit
Available on request
Current rateable value £8,700 * (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay)
Owner run business
Commissions on Services
Stock Value Estimated
Monday – Friday 9:00 am – 9:00 pm
Saturday 9:00 am – 9:00 pm
Sunday 9:00 am – 9:00 pm