High-turnover unit with diverse income streams and main-road visibility.
Long-established Best-One convenience store with strong local profile
A long-established Best-One convenience store in a prominent NE4 main-road position, generating strong weekly takings from retail, pay point and national lottery income. Passing footfall is excellent and recent additions — coffee contract, slush machine and ice-cream freezer — diversify the income mix and boost in-store dwell time.
The property offers an overall area of 4,230 sq ft with a 393 sq ft ground-floor retail frontage ideal for high-visibility sales and impulse purchases. Reported weekly revenues are: retail £14,000–£15,000, pay point £3,500–£4,000 (additional) and lottery £1,500–£1,800, supporting healthy turnover for a convenience operation.
The business is sold as a leasehold with new lease terms available and a current rent of £25,000 per annum. Asking price is offers in excess of £149,950. EPC rating C, no flooding risk, low crime and fast broadband are practical positives for continued trading.
Material considerations: the sale is confidential with no direct approach to staff; purchasers should allow for rent and lease negotiations, operational transition and ongoing business costs. Prospective buyers should verify the trading figures and examine the full lease before committing.
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