CALL 01904 867175

News, Convenience & Off Licence

Washington, Tyne & Wear

£95,000 Leasehold | £450,000 Freehold (Ref 5711)

Business Description

Well established and positioned News, Convenience & Off Licence business with strong sales turnover is now for sale due to owners retirement. Best One branded with a modern refitted large open plan trading area of over 1200 ft² with stockroom and office areas. It is well situated within a busy town with a large car park directly adjacent to one of the 2 entrances with further parking in front of the second. The shop benefits from the latest WHSmith REPOS till system, National Lottery, PayPoint and internal cash machine. F&F’s comprise of modern shelving throughout, a 3 door freezer, 2 x3.8m drinks chillers and large card display units. Freehold option is available on this business.

Financial Information

Leasehold Price
£95,000

Weekly Sales Average (Excluding Services)
£13,500

Annual Sales
£715,000

Annual Business Rent
£15,000

Business Council Rates
Available on Request

Accounts
3 Year Accounts Available

Annual Net Profit
Available on Request

Gross Profit Margin
23 %

Further Details

Premises Licence
The premises has a licence to sell alcohol 

Staff
3 full time & 3 part time, non-contracted

Commissions on Services
National Lottery £900 avg per month
Cash Machine £300 avg per month

Stock Value Estimated
£35,000

Trading Hours
Monday – Saturday 6am – 8pm
Sunday 6am – 6pm

Ground Floor
Trading Area 115 m² (1,243 ft²)
Stockrooms  29 m² (313 ft²)

Key Features

•  Strong sales turnover over £13,000

•  New 15 year lease available

•  Over 1,200 ft² open plan trading area

•  Freehold option available

•  Lottery & Paypoint

•  REPOS till system & CCTV

Location

Located in a vibrant town centre location with Washington, South Tyneside in the North East of England.  

Location on Map

Similar Businesses for Sale

Please call us on 01904 867175 for more information on these or any other businesses

Londis Convenience & Off Licence

Gateshead

 

more details »

Costcutter Convenience Store

Newcastle-Upon-Tyne

 

more details »

Arrange a viewing or contact us for more information

Please call us on 01904 867175 for more information on this or any other business or alternatively fill in our enquiry form below.

Business Enquiry Form

Please enter your details below and we will contact you with more information or to arrange a viewing

Convenience Store & Off Licence Ref 5711