Scroll To Top

Convenience Store & Off Licence in Hebburn with low rent. Great leasehold opportunity

Hebburn, Tyne and Wear
Leasehold Price:
£24,950
Status
FOR SALE
Advert ID
252045
Reference
5749 / Rightbiz

A council lease convenience & off licence business located in Hebburn, Tyne and Wear situated within a residential area with no direct competition. 

Business

This long established business is within a residential area in Hebburn nr Jarrow close to public transport links and recreational institutions . The shop benefits from being central to a residential area within a hub of other small businesses, with ample car parking outside and no direct competition.

The business has a generous sized shop floor with open plan trading area. Well equipped with modern shelving system. Fixtures & fittings include a 3 x 1.2m double door drinks chiller and 2m open chiller, 2.5 m chest freezer and 2 ice cream freezers. The business has services which include National Lottery, Paypoint and CCTV. Ancillary areas include stockroom and W.C. with a back door for rear delivery access.

Our client is selling to look for a new business opportunity. With some development, expenditure and promotion we are advised that the current business has got potential to increase the sales further.

The council lease is due to expire in 2021 and is renewable on terms of 5 or 10 years.

Shop Dimensions

Trading Area: 92.5 m² (996 ft²)
Stockroom Area: 44 m² (474 ft²) 

 

Financial Information

Leasehold Price
£24,950

Weekly Sales
£5,500

Annual Business Rent
£6,000

Business Rates
Current rateable value £5,500
(Business rates relief available please see below *)

Fixtures & Fittings Approximate Value
£5,000

Accounts Available
2 years

Annual Net Profit
Available on Request

Gross Profit Margin
20 %

* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) Click here for more information

Further Details

Premises Licence
The premises has a licence to sell alcohol 

Lease Terms
Council lease expiring in 2021 and is renewable on terms of 5 or 10 years

Employees
1 non contracted member of staff  

Commissions on Services
Available on Request

Stock Value Estimated
£10,000

Trading Hours
Monday – Friday 8:15 am – 8:30 pm
Saturday 10:00 am – 8:30 pm
Sunday 10:30 am – 1:00 pm & 5:00 pm – 8:30pm

Key Features

• Low rent

• Located in a residential area

• Fully fitted business

• Car parking outside the shop

• Opportunity to develop business

Location

The business is located within a residential area in Hebburn near Jarrow. It is close to public transport and recreational institutions with car parking outside. The shop benefits from being central to a residential area without direct competition.

Listing Details
Leasehold Price: £24,950
Tenure: Leasehold
Location: Hebburn, Tyne and Wear
Sector: Convenience Stores, Off Licences
Financials
Annual Turnover: £286,000
Annual Net Profit: Available upon request
Key Features
  • Established Business
  • With Car Park
  • Fully Fitted
  • Prime Location
  • Open Plan Trading Area
  • Accounts Available
  • Close to Local Amenities
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: 5749 / Rightbiz
What's nearby
Within 1 milei:
J G Plumbing (Store)
Durham Court (Premise)
Dawson & Sanderson - Hebburn (Travel Agency)
Tyneside Pet Stores (Pet Store)
Amore Coffee House (Store)
LloydsPharmacy (Pharmacy)
DAIZY'S kitchen (Cafe)
The Flower Mill (Florist)
Hebburn Central (Point Of Interest)
MarTec Marine & Technical Sub Aqua Club (Store)
Listing Statistics
Impressionsi: Upgrade to view
Enquiriesi: Upgrade to view
Interestedi: Upgrade to view
Watchingi: Upgrade to view
Date Ad Submitted: Upgrade to view
Last Viewedi: Upgrade to view
Last Updatedi: Upgrade to view
Last Enquiry Received: Upgrade to view
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing

Related Businesses for Sale

Convenience Stores
Disclaimer
The data showed regarding this advert 'Convenience Store & Off Licence in Hebburn with low rent. Great leasehold opportunity - 5749 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller