REF 5857

Convenience Store & Off Licence, Reduced For Quick Sale

Gateshead

Location

Situated within a suburb of Gateshead, around 3.5 miles to the south east of the city and halfway between the town centre and Washington, the shop is in the heart of a popular residential area with an established local customer base.

Business

The shop trading area is equipped to a reasonable standard incorporating alcohol and soft drinks chillers, chest freezers, vinyl flooring and LED lighting. 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 till system. Ancillary areas to rear of the store include an internal stock area, kitchen and toilet facilities. F&Fs include three 2m chest freezers, one upright freezer and one 3.7m open chiller for alcohol.

The landlord and owner of the store no longer has the time or interest to run the business preferring instead to lease the business to someone who can invest the time needed to restore the sales to where they used to be.

Business Premises

The business premises consists of the ground floor retail trading area with rear access to three separate internal storage areas, incorporating the kitchen area and W.C.

Accommodation

No accommodation option.

Tenure

Leasehold only
No freehold option

Staff Employed

No employees, this is an owner run business

Trading Hours

Monday to Saturday 11:00am – 7:00pm
Sunday Closed

Measurements

Ground Floor
Retail area: 109.4m² (1,177ft²)
Internal storage area: 50.4m² (542ft²) inc. storage, cupboard and W.C. with rear access

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.

Business Rent
£9,600 (First month no rent payable)

Rateable Value
£7,600

* (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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