£525,000
Retail premises for saleOff License & Convenience NE9, Gateshead, Tyne And Wear
Business
Freehold
About this property
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.
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.
Mortgage calculator
Monthly repayment
£2,626 per month
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