Convenience & Off Licence
Excellent convenience and off licence leasehold opportunity in a dense residential area of a housing estate in Glynfellis, a suburb of Gateshead in Tyne & Wear.
An immediately unopposed, good turnover convenience store within a row of businesses. The shop benefits from Lottery, Parcel delivery and Payzone. The shop floor is over 1,000ft². It has three large chiller units and two standing fridges. We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.
A new lease of between 10-20 years would be available with a passing rent of £13,000 per annum. There is ample parking available at the front of the shop and the store is conveniently located within close proximity to other businesses and residential dwellings.
The business is run by the owner and staff. The business currently employs 2 part-time members of staff. This is a reluctant business sale and is being offered for due to our client’s retirement.
Shop Trading Area: 100m² (1,076ft²)
Stockroom Area: 15.7m² (169ft²)
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
Licensing hours from 8:00am - 11:00pm
Owner run business with 2 part time staff
New lease available for 10-20 year term
Monday to Sunday 8:00am - 7:00pm