Convenience & Off Licence For Sale in South Shields
Popular convenience & off licence store located in a residential area on a main road on Boldon Lane, South Shields with parking spaces and a bus stop outside the shop.
This well established business is a popular choice with local customers with good passing trade and no direct competition. The trading area is re-fitted to a very good standard and includes 2 large 3.75m drinks chillers, a 2m chiller, standing chiller, a 2m chest freezer and 1.2m standing freezer. The store stocks a good range of convenience goods, chilled soft drinks, alcohol, frozen foods, newspapers and magazines.
The business makes commission from Pay Zone and DHL Parcels. Further revenue includes Lottery & Pay Point.
The business is well established and currently run by the owner and family. The business could be developed by extending the opening hours based on the current premises licence hours between 7am and 11:30pm and by spending more time running the business.
Trading Area 69.5m² (748ft²)
Stockroom Area 35.5m² (382ft²)
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
Commissions on Services
£250 monthly estimated
5 year lease expires in 02/05/2023
Licensing hours from 7:00am to 11:30pm
This is an owner run business
Monday to Saturday 7:00am - 8:30pm