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Well Presented Convenience Store - Tyne & Wear for Sale

Rowlands Gill, Tyne and Wear

Freehold : £ 250,000


WELL PRESENTED CONVENIENCE STORE - TYNE & WEAR
Long established and highly reputed business
Situated in the desirable town of Gateshead
Advised annual turnover of £392,168
Ideal lifestyle opportunity
Genuine reason for sale
Walk in condition
Off licence sales
FREEHOLD

Business History
Meridian Business Sales are delighted to offer to the market this well established convenience store which has been in our client’s careful hands for 25 years. The only reason this excellent business is being offered to the market is due to our clients desire to take well deserved retirement. Since the business was established our clients have continually developed and improved the business, introducing new lines and income streams which has enhanced the business massively. Our clients advise us that the annual turnover currently runs at £392,168 which is derived from the sale of a variety of goods and services including newspapers, magazines, cards, general convenience items, and chilled, frozen foods and alcohol. The business offers an ATM and lottery which attracts further custom. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. With the benefit of owners accommodation, which could be let, this is a superb opportunity to purchase a true lifestyle business in a semi rural area in the UK and as such early viewing is strongly advised as this excellent business is not to be missed.

Location

This superb, high turnover business is situated on a main through road in the picturesque village of Rowlands Gill, in the large town of Gateshead which is in Tyne and Wear, Rowlands Gill is located on the north bank of the River Derwent with open space and views across the valley. The business is surrounded by many residential properties and as such benefits from a lot of footfall and passing trade. Gateshead is within easy reach via the A184 and the area is served by the A694 which connects to the extensive motorway networks beyond.

Tenure

We are advised Freehold

Opening Hours

Monday: 6:30am - 9:00pm

Tuesday: 6:30am - 9:00pm

Wednesday: 6:30am - 9:00pm

Thursday: 6:30am - 9:00pm

Friday: 6:30am - 9:00pm

Saturday: 6:30am - 9:30pm

Sunday: 6:30am - 9:30pm

Accommodation

Detached well signed premises briefly comprising:

GROUND FLOOR

Sales area comprising:

ATM machine

Lottery and Pay point facility

Well equipped for business including:

Central shelved area

Newspaper/magazine/card display

Alcohol/refreshment display area – 2 large drinks fridges

Chilled food display – dairy cabinet

Frozen Food area – 2 large chest freezers, 2 small chest freezers

Double and single wine cabinet

Compressor (air conditioning)

Store room with 2 back up fridges

Two further storerooms

WC

FIRST FLOOR – Excellent owners’ accommodation briefly comprising:

Landing

Boiler/airing cupboard

Kitchen/diner

Sitting room

Fitted Bedroom

Bathroom

EXTERNAL

Car park to the front

Double gates to rear

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27 Advert ID 49189    Sellers Ref : 4383/BSOL

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