Convenience Store & Off Licence
(Optional 2 Bed Accommodation)
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 1980 and run by the current owner for 5 years. Weekly turnover offering further potential to increase in the right hands. The shop floor is extendable and has potential to increase sales through introducing services or further product lines, alternate use or earlier opening hours in the morning.
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.
The shop comes with accommodation option of a 2 bedroom flat above the business. Please contact us for more information on this.
Trading Area 36.1 m² (388.5 ft²)
Stockroom Area 22.18 m² (238.7 ft²) with rear access.
Business Annual Rent
Accommodation Annual Rent
Current rateable value £4,500
(Business rates relief available please see below *)
Fixtures & Fittings
Annual Net Profit
Available on Request
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
Owner plus 1 non contracted staff
Commissions on Services
Available on Request
Stock Value Estimated
Monday – Sunday 11:00 am – 9:00 pm
• Very Low Rent
• 2 Bedroom property
• Potential for alternative use
• Well established business
Located in South Shields in South Tyneside. The shop is in a dense residential area with a regular customer base.
Google Map Location
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Please call us on 01904 867175 for more information on this or any other business or alternatively fill in our enquiry form below.
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