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Convenience & Off Licence with 6 Bedroom Property


FREEHOLD £229,000 (Ref 5741)


Excellent freehold opportunity to acquire a large detached six bedroom property with a well established convenience & off licence business trading within a residential suburb of Gateshead.


Located in a housing estate, the shop is in the heart of a popular residential area with a good local customer base. The current owner has been operating  for 3 years and has increased trade since purchasing.

Fixtures and fittings include 3 x 2m chest freezer, 1 x chest freezer, 4 x 1 m drinks chillers. The shop floor is open plan with modern shelving units. Good sized stockroom area with WC and kitchen is located to the rear. There is a genuine reason for sale.


The property comprises of a large 6 bedroom accommodation on the first floor in good condition and ideal for a family residence. It is currently on a short term tenancy agreement and generating an income of £6,400 per annum.

Please contact us for further information on the accommodation.

Shop Dimensions

Trading Area 101.82 m² (1,096 f²)
Stockroom Area Total 50.5 m² (543.5 f²) with rear access

Accommodation Dimensions

Available on Request

Financial Information

Freehold Price (Business & Property)

Leasehold Price
Not available 

Weekly Sales

Accommodation Rental Income

Business Rates
Current rateable value £8,700
(Business rates relief available please see below *)

Fixtures & Fittings Approximate Value

Accounts Available
3 years

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

Further Details

Premises Licence
The premises has a licence to sell alcohol 

Owner run business

Commissions on Services

Stock Value Estimated

Trading Hours
Monday – Friday 9:00 am – 9:00 pm
Saturday 9:00 am – 9:00 pm
Sunday 9:00 am – 9:00 pm

Key Features

• Freehold opportunity

6 bedroom accommodation

• Internal cash machine

• Car parking outside the shop


The property is located in a suburb of Gateshead within a residential area. 

Google Map Location

Convenience Store

Palmersville (Ref 5748)

Sales £7,000 PW

Rent £14,400

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Convenience Store & Post Office

Gateshead (Ref 5747)

Sales £10,000 PW

Rent £9,750

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Takeaway & 5 Bed Property

Durham (Ref 5745) 

Sales £4,500 PW

Gross profit 45-50%

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Profitable Convenience Store

Newcastle (Ref 5710)

Sales £16,000 PW

Annual Rent £14,000

Click Here For 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.

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Business Sales Ref 5741