£525,000
Retail premises for saleOff License & Convenience NE9, Gateshead, Gateshead
Just added
Business
Freehold
About this property
Click "business sales details with nda" in the supporting documents panel on the right to download the full particulars of sale with the non-disclosure agreement to be signed and returned to us.
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 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 pa.
Turnover £20,000 pw
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. 1st floor additional storage space and wc facilities
We have been instructed by a well-established and highly regarded national convenience store operator. The business 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 pa.
Turnover £20,000 pw
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. 1st floor additional storage space and wc facilities
Mortgage calculator
Monthly repayment
£2,626 per month
Whole of market comparison
70+ lenders and 10,000+ products
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

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