REF 5811

Freehold Convenience Store with 4 Bedroom Property

Guide Post

Location

Guidepost Convenience Store is situated prominently on a main road running through the village of Guide Post in South East Northumberland, England, about 17 miles north of Newcastle upon Tyne. It lies south of the River Wansbeck along with Stakeford. It has a prime trading location next to a pub thus creating heavy footfall and high potential to appeal to a multitude of both repeat and new customers.

Business

The shop floor trading area has an open plan sales area fully equipped for the sale of convenience goods, frozen and chilled products, a full range of off licence goods, cigarettes, confectionery and cards. The trading area is re-fitted to a good standard, F&Fs include 3.7m closed door fridge unit and 1.5m standing fridge. To the rear is the internal storage area and hand basin.

Due to the idyllic village location and the previous 33 years of ownership this business has gained strong relationships within the community and therefore enjoys a loyal customer base and a strong positive reputation. The current owners of this fantastic opportunity are a husband and wife team that are now looking to retire and allow someone to step in and further grow the business. The potential is evident with such rare possibilities as the development of the property into the rear yard, this would allow the extension of the trading area or stockroom thus increasing growth in an already established business creating further opportunity to drive increased sales.

The impressive owner run aspect also makes this the ideal business for families, on top of staff not being required the spacious accommodation makes it the perfect opportunity to raise a family whilst running a successful business. On the other hand, there is also the potential to rent out the accommodation and separate it from the business, which due to the prime village location, the well presented 4 double bedrooms, 2 garages and garden would generate approximately £650 per month.

Premises

The property consists of a four bedroom detached building, brick built under a pitched tile roof with the added feature of uPVC double glazing windows. The retail unit and internal storage areas occupy the business premises on the ground floor, with access to the accommodation from the trading area through the door behind the tills. This allows the opportunity to close off the access from the trading area to allow separation between the business and the house, to which restroom facilities would need to be added within the storage area.

Accommodation incorporates a living space to the front and living space to the rear, leading through to the kitchen and W.C. Rear door access from the kitchen leads to a private rear courtyard, providing access to the two garages and rear driveway. The internal stairway leads to the first floor incorporating four large double bedrooms, one with an en-suite and separate bath and shower room. The property benefits from reduced energy bills with two large solar panel units fitted to both the front and rear roof.

Trading Information

Sales reports and 3 years of audited accounts can be made available to interested parties following a viewing of the business.

Staff Employed

The business is run entirely by the owners, no staff are required to be taken on.

Trading Hours

Monday to Friday 9:00am-9:00pm
Saturday to Sunday 10:00am-9:00pm

Premises Licence

Licensed to sell alcohol 8:00am to 11:00pm

Services

Paypoint services
NO Lottery services

Lease Terms

Freehold opportunity only

Property Type

A1/A2 Retail and Financial/Professional services

EPC Rating

This property’s current energy rating is D

Tenure

Freehold

Business Measurements

Ground Level
Retail zone 49.5m² (533ft²)
Internal Storage 27.7m² (298ft²)

Total 77.2m² (831ft²)

Notice

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.

Viewings

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
£260,000

Estimated Stock Value
£20,000 at Wholesale Value

Rateable Value
£6,100

* (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

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