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Successful Convenience Store For Sale In North Shields, Whitley Bay & Wallsend

North Shields, Whitley Bay & Wallsend, Tyne and Wear

Asking Price £21,000
Turnover £100,000

Business overview

Newly moved Post office, Lottery, Off licence and 24/7 Cash Machine with 2 bedroom flat upstairs.
Financially stable business for sale as the owner is moving to London.

Business details

  • Property type
  • Net profit
  • Accommodation
  • Staff
  • Rent per annum

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Business description

This business has a lot of potential to grow as there is a huge demand of newspapers in the area but as the owner is not living there anymore so he is not doing the newspaper sale. The weekly turnover can easily cross £5000- £6000 (minimum).
Also, it has got a 2bedroom flat upstairs which is currently on rent which makes the annual rental income of £6000 p.a.
Cash machine provides £3600 p.a (for just to be sitting there) plus commission on every transaction.
PO annual salary is somewhere between £15K - £20K
It is an excellent business opportunity with renewable lease.

Contact if your need more information.

Business location

Tyne and Wear

Sector specific information

  • Newsheet per week
  • Payzone/Paypoint per week
  • SAV
  • Square footage (if known)
  • EPOS
  • CCTV
  • Air conditioning
  • Opening times
  • Post office salary
  • ATM Commission

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