£150,000

Retail premises for sale

  1.  Photo 0
Business
Leasehold

£150,000

Retail premises for sale

Off License & Convenience NE9, Gateshead, Tyne And Wear

Local area information

Property location

Nearby amenities

  • South Street Community Primary School 0.3 miles
  • Dryden School (SEN) 0.3 miles
  • Newcastle 1.6 miles
  • Heworth 1.6 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Gateshead to find out more about the local area.

Features and description

  • Leasehold
Fully licensed convenience store in Gateshead for Sale.

We have been instructed by a well-established and highly regarded national convenience store operator.

The business has a high turnover of £688,055 per annum (net of VAT) and occupies a busy trading location within its respective area and benefits from strong local footfall and passing trade. The business is currently operated entirely by staff, making it suitable for purchasers seeking a managed business opportunity.

This site is offered freehold for £525,000 or leasehold for £150,000 with new lease, rent £33,000 per annum.

Further comprehensive information will be made available to interested parties upon receipt of a signed Non-Disclosure Agreement (nda). This will include detailed financial accounts, full address particulars, photographic images, floor plans, and additional operational data.

Sales Area 4,413 sq ft, back of house 1,305 sq ft plus 882 sq ft first floor storage.
Ground floor large walk round convenience store with various departmental displays including substantial refrigeration and freezer departments, cash out facility. Multiple large store rooms, staff room, office, kitchen space and WC. First floor additional storage space and WC facilities.

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Ernest Wilson. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Ernest Wilson for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Tyne & Wear
  4. Gateshead
  5. Ellwood Gardens