A council lease convenience & off licence business located in Hebburn, Tyne and Wear situated within a residential area with no direct competition.
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.
Trading Area: 92.5 m² (996 ft²)
Stockroom Area: 44 m² (474 ft²)
Annual Business Rent
Current rateable value £5,500
(Business rates relief available please see below *)
Fixtures & Fittings Approximate Value
Annual Net Profit
Available on Request
Gross Profit Margin
* (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
The premises has a licence to sell alcohol
Council lease expiring in 2021 and is renewable on terms of 5 or 10 years
1 non contracted member of staff
Commissions on Services
Available on Request
Stock Value Estimated
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
• Low rent
• Located in a residential area
• Fully fitted business
• Car parking outside the shop
• Opportunity to develop business
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.
- Established Business
- With Car Park
- Fully Fitted
- Prime Location
- Open Plan Trading Area
- Accounts Available
- Close to Local Amenities