REF 5874
Premier Convenience & Off Licence Store
Gateshead
Key Features
- Weekly sales 6 month avg. £19,750
- Dense residential location
- High profit business
- Premier symbol group
- External ATM services
Location
Located in Dunston, a western Borough of Gateshead, this business resides 3 miles from Newcastle upon Tyne and 2.7 miles from the centre of Gateshead. It is situated amongst a large residential area within close proximity to amenities such as pubs and an activity centre.
Business
This well established business incorporates an impressively stocked layout fully equipped for the sale of general convenience goods, frozen and chilled products, cigarettes, confectionery and off licence goods. It boasts an impressive selection of products with F&F's including Slush Monkeys, Tango Ice Blast, Shakes & Smoothies and Fwip Italian Ice Cream.
The trading area is refitted to a high standard with tiled flooring, CCTV system with monitors, fully fitted shelving units and LED lights. Side access to the trading area is a kitchen and toilet area with a large stockroom to the rear.
In 2016 the business was voted within the top 100 shops in the UK & Ireland.
Purchased in December 2022 the current owners now wish to sell the business and relocate.
Fixtures and Fittings
F&F's incorporated within the shop floor include a 5m open chiller, 3.7m open dairy chiller, 2.5m open chiller, 2m closed door freezer and 0.75m closed ice cream chiller and a 2 Lane Retail Data Partnership till system.
Additional equipment includes a slush monkeys unit, Tango Ice Blast machine, Shakes & Smoothies machine and Fwip Italian ice cream maker.
On-Site Services
National Lottery, PayPoint and external ATM
Opening Hours
Monday to Sunday 7:00am-9:00pm
Premises Licence
Monday to Saturday 8:00am-11:00pm
Sunday 10:00am-10:30pm
Staff Employed
TUPE rules apply to existing employees
EPC
Rating C valid until 26 September 2032
Property Type
A1 Retail
Tenure
Leasehold
Lease
30 year lease commencement December 2022. Rent review every fifth year.
Measurements
Ground Floor
Retail area 82.4m² (887ft²)
Internal storage 48.8m² (525ft²)
Total 131.2m² (1,412ft²)
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
£17,000
Rateable Value
£7,900
* (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