Convenience Store and Off Licence in Tyne and Wear For Sale

End of terrace property, unopposed trading position, residential area, Tyne And Wear within 200 yards of a nursery/family hub, care home, and local clubs.

Turnover £ 8,750
Price £120,000

Features

Newly Fitted Convenience Store Plus Off Licence

FULL REFITTED JULY 2025
Free Parking: Space for up to 15 cars, convenient for customers.

Fully Equipped: All fittings and fixtures included, plus a cash machine.

DOUBLE FRONTED PREMISES in the region of 865 ft² WITH ELECTRIC SHUTTERS, industrial non-slip floor, suspended ceiling with LED lights, sales counter, EPOS till, cigarette draw, Additional VAPE Counter, modern adjustable shelving, Glas fronted 3 door freezer, 5 x drinks display fridge (glass fronted upright double-door), CCTV system (20 cameras, 1 monitor), fire alarm.

Staff room.

Kitchen.

Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,750 - £9,000 p.w. with a Gross profit of 25% approx.. Wholesale newsbill £100 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

PAY POINT £30 per week approx.
ATM £50 per month approx.

Staff

The business is at present operated by the vendor with family support and the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - SUNDAY 7am - 10pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Bathroom with bath, w.c. and wash hand basin.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2025 with reviews every 5 years (next review 2030) at a current rent of £20,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION (£15,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote