REF 5858

Convenience & Off Licence Store in Coastal Area

South Shields

Viewings

Any viewings for the business are strictly by appointment only through the agent and no approach should be made directly to the owner or any of their employees.

Location

Located within the town of South Shields, Tyne & Wear, a coastal town located on the south bank of the mouth of the River Tyne and about 3.7 miles downstream from Newcastle upon Tyne in the North East of England. Situated centrally in the heart of a dense residential area with car parking nearby for easy access and close to the Chichester area with very close proximity to the Metro Station.

Business

Branded as a Best One store, this well established convenience and off licence business incorporates a well refitted and merchandised trading area with ceramic tiled flooring, LED lighting and integrated CCTV system.

The shop is fully equipped for the sale of all general convenience goods, frozen and chilled products, cigarettes, confectionery and off licence products. The counter area has a one lane Paypoint EPOS system. Ancillary areas to rear of the store include an internal stock areas, kitchenette and toilet facilities.

Genuine reason for sale due to sellers other commitments.

Fixtures and Fittings

Fixtures & Fittings include 2 x 3.7m open drinks chillers, 2 x 2m chest freezers, Walls ice cream freezer and 2 x 1m closed door drinks chillers and 1m open dairy chiller.

Accommodation

No option for accommodation

On-Site Services

Camelot Lottery & PayPoint Services, DPS Parcels

Trading Hours

Monday to Sunday 8:00am-9:00pm

Premises Licence

Monday to Sunday 6:00am-11:00pm

Employees

Owner run

Energy Performance Certificate (EPC)

No EPC

Property Type

A1/A2 Retail and Financial/Professional services

Lease

15 year lease from 4/8/2014 to and including 26/6/2029

Tenure

Leasehold only

Business Premises Measurements

Ground Floor
Retail area 83.8m² (902ft²)
Internal storage 19.12m² (205.8ft²)

Total 102.92m² (1,107.8ft²)

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 Premises Rent
£11,900

Stock Estimated
£25,000

Business Rates
The business is exempt from paying business rates and due to a rateable value of under £12,000

Rateable Value
£10,500

* (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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