Local Convenience & Off licence
Situated in a residential area 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 well established convenience, off licence, newsagent & tobacconist within a dense housing estate. The shop is run by the owner and staff and currently offers additional services including lottery and Payzone.
The business offers a good selection of goods including cigarettes, tobacco, news & magazines, grocery, confectionery, drinks, snacks and greeting cards. Additionally they offer a comprehensive selection of alcoholic wines, spirits & beers. There is an opportunity to develop the business further by introducing other services to the premises or extending the opening hours past the early closing time of 6pm.
We are advised that the sale is due retirement.
The business premises consists of the ground floor shop trading area with rear access to the internal W.C.
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
Monday to Saturday 6:00am to 6.00pm
Sunday 6:00am to 4.00pm
Alcohol licence Monday to Sunday 6:00am to 11:00pm
Commissions on Services
Lottery commissions circa. £5,000 per year
No lease, new terms available
Owner and 2 part time employees
(TUPE rules will apply to staff employed)
Shop Trading Area: 71.2m² (766²)