Convenience & Off Licence Store with 4 Bedroom Property

Location

Situated along a main road in a suburb of Gateshead, North East England this business resides 2.5 miles south from the centre of Newcastle upon Tyne. It is located amongst a dense residential catchment area within proximity to other local amenities including the local park.

Business

This well established business incorporates a successfully laid out and stocked trading area fully equipped for the sale of grocery, chilled drinks, confectionery, domestic goods, cigarettes, vape and e-cigarettes, alcohol and newspapers. We have been advised that current weekly sales is £7,000 of which £1,500 is from vape and e-product sales.

Fixtures & fittings include 3.7m open chiller, 1.5m chest freezer, 1.5m ice cream freezer and 1m Coca Cola fridge. The business premises incorporates a suspended ceiling and tiled flooring.

The current owner has been running this business for over 32 years and is now retiring.

Accommodation

The four bedroom accommodation incorporates two upstairs flats with access opened internally in addition to two living rooms, two kitchens, a bathroom and a decked balcony to the rear. One of the bedrooms is a loft conversion with an on-suite bathroom. More information available on request.

Opportunity

A long established convenience and off licence store also includes the adjoining retail (ex Vape Shop) unit within the sale. This is currently used as a storage area but presents the opportunity to operate as a separate business.

On-Site Services

Lottery & Paypoint
UPS Excess point

Staff Employed

Family run business

Trading Hours

Monday to Sunday 7:00am-7:00pm

Premises Licence

Monday to Sunday 8:00am-11:00pm

Property Use Classification

A1 Retail

Tenure

Freehold

Retail Measurements

Ground Floor
Retail Zone 82.3m² (886ft²)
Internal storage 34.1m² (367ft²)

Total 116.4m² (1,253ft²)

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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.