High Turnover Convenience Store & Off Licence
Newcastle upon Tyne
Situated on the high street of Wallsend, Newcastle upon Tyne. A town in the metropolitan borough of North Tyneside in the county of Tyne and Wear, North East England
This is a very well established Convenience Store & Off Licence which benefits from local and passing trade. The shop has a steady and reliable income from shop sales with additional income from lottery and Paypoint commissions. The business is currently owner run and could be developed by opening earlier or closing beyond the current 9:00pm closing time.
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Gross Annual Income
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Monday to Sunday 10:00am - 9:00pm
Licensed to sell alcohol Monday to Saturday 8:00am - 11:00pm
Sunday 10:00am - 10:30pm
Commission on Services
Lottery/Paypoint circa. £600 monthly
Family run with 1 part time member of staff
15 year lease renewable 2026
Cigs/Tobacco % Sales
Cigs/Tobacco are approx. 35% of overall sales
Shop Trading Area: 71.6m² (770ft²)
Stockroom Area 1: 32.5m² (350ft²) Area 2: 8.1m² (87ft²), Area 3: 7.3m² (78ft²)