Convenience Store & Off Licence
Gateshead, South Tyneside
Double fronted medium sized Convenience & Off Licence store in South Shields. The business has the option of a 2 bedroom accommodation above the shop. There is very low council rent applicable of £3,500 per year.
Business established since 1983 and run by the current owner since 1993.
Trading area is medium sized open plan and leads to the stockrooms at the back with rear access for deliveries and W.C. Fixtures & fittings include 2 chest freezers, 1 x 3.75 m & 1 x 1 m drinks chillers all included in the price. Other features are modern shelving units, wooden floor, EPOS tills, CCTV and front security shutters.
The business is operated by the owners and a single member of staff. There is a genuine reason for sale as the current owner have other businesses and do not have the time to dedicate to the shop.
Trading Area 36.1 m² (388.5 ft²)
Stockroom Area 22.18 m² (238.7 ft²) with rear access.
Business Annual Rent
Current rateable value £7,600
(Business rates relief available please see below *)
Fixtures & Fittings
Annual Net Profit
Gross Profit Margin
* ( 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
The premises has a licence to sell alcohol
1 contracted staff
Commissions on Services
£130 per week
Stock Value Estimated
Monday – Sunday 8:00 am – 9:00 pm
• Good weekly turnover
• Business established since 1983
• Internal cash machine
• Accounts available
• Car parking outside the shop
• EPOS till system & CCTV
Located in Gateshead in South Tyneside. The shop is in a dense residential area with a regular customer base.
Google Map Location
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