Convenience Store and Off Licence with 2 Bed Property in Tyne and Wear
Undisclosed, Tyne and Wear
- Status
FOR SALE
- Advert ID
653443
- Reference
6116 / Rightbiz
- Call Agent:
- Leasehold: £210,000 (Stock at valuation)
- or
- Freehold: £439,000 (Stock at valuation)
- Turnover: £743,340 (£14,295 per week)
- Profit: On request
Business Details
FREEHOLD Convenience Store & Off Licence with 2 Bed Property, Tyne and Wear
Key Features
- Weekly sales 6 months Avg. £14,295 (1/12/25 to 31/5/26) (TBC)
- Well refitted hi-spec trading area
- 2 Bedroom living premises
- Well established business
- Dense residential area
- Lottery & PayZone
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.
The Location
The business is located in a suburb of Newcastle in the North East of England and close to local amenities and public transport links.
Business Opportunity
An excellent opportunity to acquire a fully refurbished convenience store and off-licence, occupying a highly desirable trading position within a densely populated residential area. Situated in a housing estate, the business benefits from strong local footfall, excellent visibility and an well established customer base drawn from the surrounding neighbourhood.
Presented to a high standard following recent investment and refurbishment, the store offers a wide range of everyday convenience products together with a well-stocked off-licence featuring beers, wines and spirits. The modern retail environment provides an attractive shopping experience and is ideally suited to serving the day-to-day needs of local residents.
The business enjoys the significant advantage of having no direct competition within the immediate area, creating a strong platform for continued growth and repeat trade. Its convenient location, quality fit-out and popular product offering make it a valuable community asset with excellent future trading potential.
This is an ideal opportunity for an owner-operator seeking a well established and well positioned retail operation in a residential location with scope to further increase sales through extending product lines, local deliveries and promotions.
Business Premises
Ground floor premises incorporates shop trading area with ancillary areas incorporating internal storage and W.C. to the rear.
Living Premises
First floor living premises incorporates 2 bedroom, lounge, kitchen and bathroom and rear garden. Fully furnished flat includes dining table, leather electric reclining sofas, fridge freezer and washing machine. Bedrooms incoroprate fitted wardrobes, bed frames, wardrobe, curtains and blinds.
Fixtures & Fittings
Refrigeration incorporates;
- Arneg 3.7m 6 door alcohol chiller
- Arneg 2.5m 4 door alcohol chiller
- Arneg 3.7m 6 door alcohol chiller
- Krneg 3.7m 6 door chiller
- Arneg 3.7m 6 door drinks chiller
- Arneg 1m standing freezer
- Coolmax 1m standing freezer
- Jordan 1m standing freezer
- 2 x Jordan 1.5m upright freezer
- Walls Ice Cream chest
- Coffee Machine (leased)
Rateable Value: £10,500
The rateable value is used to calculate your rates bill so this is not the amount you will pay
Employees
Employees include the owner on 15 hours, full time manager on 45 hours, 1 part time 20 hours and 1 part time staff 6 hours.
TUPE rules apply to 1 employee working 20 hours.
Trading Hours
Monday to Saturday 8:00am to 8:00pm
Sunday 9:00pm to 7:00pm
Premises Licence Hours
Monday to Sunday 8:00am to 11:00pm
Sunday 10:00am to 10:30pm
Additional Services
Snappy Shopper £300 per week
In Post Locker £1,100 per year
Yip Locker £750 per year
EVRI Delivery Service 2.6m income £1,100 per year
Fully managed ATM
Lottery & Payzone
Property Type
A1/A2 Retail and Financial/Professional Services
EPC Rating
Energy Rating C valid until 1 May 2027
Tenure
FREEHOLD only
Business Measurements
Total Ground floor retail zone 148.47m
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.
Contact Agent
Listing Statistics
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Contact the seller for more details, or book a viewing
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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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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
Contact seller
Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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
