FOR SALE
657175
6115 / 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.
The Location
The business is located in Hebburn, Jarrow in the North East of England.
Business Opportunity
An excellent opportunity to acquire a well established convenience store and off-licence, occupying a highly desirable trading position within a densely populated and residential area. The business benefits from strong local footfall, excellent visibility and an increasing customer base drawn from the surrounding neighbourhood.
The store offers a wide range of everyday convenience products together with a well-stocked off-licence featuring beers, wines and spirits. The 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-positioned retail operation in a sought-after 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 2 small internal storage rooms and W.C. to the rear.
Living Premises
No living premises.
Business Premises Rent: £35,100
Rateable Value: £8,200
The rateable value is used to calculate your rates bill so this is not the amount you will pay
Fixtures & Fittings
Refrigeration incorporates 2 x Husky 3.7m chiller, Husky 2.5m chest freezer, 2 x Coolrite 1,8m freezer, 2 x 1m Coca Cola fridges, 2 x 1m Drench fridges, Walls 1.5m ice cream freezer and Walls 1m ice cream freezer.
Staff Employed
Employees include the owner and 1 employee. Each working 40hrs approx. TUPE rules do not apply.
Trading Hours
Monday to Saturday 8:00am to 10:00pm
Saturday to Sunday 9:00am to 9:00pm
Premises Licence Hours
Monday to Sunday 8:00am to 11:00pm
Sunday 10:00am to 10:30pm
Additional Services
Paypoint and Lottery Services
Property Type
A1/A2 Retail and Financial/Professional Services
EPC Rating
Energy Rating Not Yet Available
Tenure
LEASEHOLD only
Business Measurements
Ground floor retail zone 115.77m²
Ground floor staff toilets 4.24m²
Ground floor staff toilets 4.22m²
Ground floor internal storage 29.63m²
Ground floor internal storage 26.54m²
Ground floor internal storage 6.4m²
Ground floor internal storage 6.9m²
Ground floor internal storage 5.71m²
Total Ground floor Area 199.35m²
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 SolicitorThe data showed regarding this advert 'Well Established Convenience Store & Off Licence in Prime location, Hebburn - 6115 / 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.