REF 5856
Lifestyle Express Convenience & Off Licence
Gateshead
Key Features
- Weekly sales 5 month avg. £8,051
- National Lottery & PayPoint
- Located in residential area
- Owner run business
- Established over 30 years
Viewings
Any viewings for the business and/or property are to be made strictly by appointment through us and no approach should be made directly to the owner or any of their employees.
Location
Located in Felling within the town of Gateshead on the south of the river Tyne, the business is well positioned in a dense residential area on the main road to the metro station and central to a hub of other businesses and other local amenities. There are parking facilities on the main road outside the shop.
Business
Branded as a Lifestyle Express, this is a well established convenience and off licence business and premises. The shop trading area is equipped to a reasonable standard incorporating alcohol and soft drinks chillers, chest freezers, vinyl flooring, LED lighting and integrated CCTV system.
The shop is merchandised for the sale of all general convenience goods, frozen and chilled products, cigarettes, confectionery and off licence products. The counter area has a 1 lane EPOS system. Ancillary areas to rear of the store include an internal stock area, garage and toilet facilities.
Genuine reason for sale due to sellers other commitments.
Fixtures and Fittings
Arneg 2 x 3.75m open chiller, Coolcheck upright 2 door freezer 1.2m, Cool Rite 2 door chest freezer 1.5m, Millenium 2 door chest freezer 2m, AHT ice cream freezer 1.5m and 1 lane EPOS till system.
Accommodation
No accommodation option available
On-Site Services
Camelot Lottery & PayPoint Services
Trading Hours
Monday to Saturday 8:00am – 10:00pm
Sunday 9:00am – 10:00pm
Premises Licence
Monday to Saturday 8:00am – 11:00pm
Sunday 10:00am – 10:00pm
Employees
Owner run with 2 full time employees
Business Rates
The property is exempt from business rates due to a rateable value of under £12,000
Energy Performance Certificate (EPC)
Energy rating E – Valid until 14 October 2024
Property Type
A1/A2 Retail and Financial/Professional services
Lease
20 years commencement 17 February 2010
Tenure
Leasehold only
Business Premises Measurements
Ground Floor
Retail area 49.1m² (529ft²)
Internal storage 26.9m² (290ft²)
Internal garage 20.8m² (224ft²)
Total 96.8m² (1,042.2ft²)
Disclaimer Notice
The financial information shown within the advertisement has been provided to us by the vendor of the business. A1 Businesses for Sale can offer no guarantee as to the authenticity of any information provided to us. Please see our disclaimer page for more details.
Business Rent
£12,960
Rateable Value
£3,300
* (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