Featured Brokers
CONFIDENTIAL
FOR SALE
638514
6104 / Rightbiz
Key Features
Viewings
Any viewings for the business and/or property are by appointment only. Under no circumstances should any direct approach be made to the owner or their employees
Location
This shop is located in South Shields in the North East of England within a dense residential area.
Business Description
A non branded convenience and off licence store fully equipped for the sale of all general convenience goods, frozen/chilled products, cigarettes, confectionery and off licence products. The trading area incorporates a high spec refit and incorporates EPOSG till system, integrated chillers, freezers, suspended ceiling with integrated LED lights and CCTV internal security system
Fixtures and Fittings
1 x 2 metre 1 door dairy chiller
2 x 2 metre 4 door chiller
1 x 1.4 metre four door chiller
1 x 1.5 metre chiller
1 x 2 door freezer
Business Premises
Retail premises incorporating the trading area on the ground floor and internal storage and staff toilet within the basement
On-Site Services
PayZone services
NO Lottery services
Employees
The business is owner run with one part time member of staff
Shop Trading Hours
Monday to Saturday 6:30am-9:30pm
Sunday 7:30am-9:30pm
Premises Licence Hours
Monday to Sunday 6:00am-10:00pm
Business Premises Rent: £7,200
Rateable Value: £6,400
The rateable value is used to calculate your rates bill so this is not the amount you will pay
Property Type
A1/A2 Retail and Financial/Professional Services
Tenure
Leasehold sale only (Freehold not available)
Lease Terms
TBC
EPC
EPC Rating D valid until 27 June 2031
Business Measurements
Ground floor retail 50.63m²
Lower ground floor internal storage 39.96m²
Total floor area 90.59m²
Disclaimer Notice
The information shown for the business is based on a site assessment and financial documentation provided to us, A1 Businesses Ltd. by the vendor. We have been informed by the vendor that the financial information provided to us is correct and reliable at the time of marketing. We, A1 Businesses Ltd cannot accept liability as to the accuracy of this information and advise any interested parties to make their own enquires in order to satisfy themselves that all information provided, particularly financial, is satisfactory before making any commitment to purchase the business.
All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale). See our disclaimer page for more details.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
The data showed regarding this advert 'Convenience & Off Licence Store in South Shields with Weekly Sales £9,374 - 6104 / 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.