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REDUCED Convenience Store & Off Licence in South Shields Leasehold £19,950

South Shields, Tyne and Wear
Leasehold Price:
Advert ID
south-shields-news-convenience-5680 / Rightbiz

A popular newsagent and convenience shop within the heart of a local community near South Shields. The shop benefits from an indoor cash machine, lottery and paypoint. The shop floor has recently been increased in size and has a large stockroom area downstairs. The business has zero council rates, very low annual rent of only £4,150 and income from lottery commissions of around £700 per month.

The shop is at the centre of a local council regeneration programme to improve pathways and shop fronts within the community, attracting new businesses and opportunities.

Sales Details:

  • Leasehold Reduced to £19,950
  • Low Annual Rent of £4,150
  • Zero Council Rates
  • Weekly turnover £4,000

Key Features:

  • Well Merchandised Convenience Off License
  • Large Stock Room Cellar Space
  • Additional Lottery Commission £700/month
  • 1 1/2m Beer, Wine & Dairy Chiller
  • Hours Mon-Fri 6-9pm Sat 6-9pm Sun 7-1pm

A1 Stocktakers & Business Sales:
Please see our website for more info
or contact Mark McKee 07914 578733

Viewings strictly by appointment only

Listing Details
Leasehold Price: £19,950
Tenure: Leasehold
Location: South Shields, Tyne and Wear
Marketed By: A1 Stocktakers & Business Sales
Sector: Convenience Stores, Newsagents, Off Licences
Annual Turnover: £208,000
Annual Net Profit: Available upon request
Key Features
  • Accounts Available
  • Offers Invited
  • Small Business
  • Established Business
  • Close to Local Amenities
  • Price Reduced
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: south-shields-news-convenience-5680 / Rightbiz
What's nearby
Within 1 milei:
Viva Mile End Road (Night Club)
Sandancer Holiday Flat (Point Of Interest)
Noodle Noodles Chinese Takeaway (Meal Takeaway)
Thai Central (Restaurant)
Aisy (Clothing Store)
Anchor Guest House (Lodging)
Moonlight Indian (Meal Delivery)
Hairteria (Hair Care)
Ocean Road (Bus Station)
Veach News (Store)
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