Fancy a career change? Discount Wine Centre in South Shields goes up for sale

Popular South Shields off licence Discount Wine Centre is up for sale – and a new owner is being sought to take it on.
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The business, based on Mortimer Road in the town, is on the market as the current owners hope to sell, freeing up time they wish to spend with their young children.

They hope that someone will take on the off licence so that it can remain open to customers.

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The business is up for sale through specialist property business adviser Christie & Co, for an asking price of £40,000 leasehold, plus stock, with an annual rent of £7,200.

Discount Wine Centre on Mortimer Road, South Shields, is looking for a new owner to take the business on.Discount Wine Centre on Mortimer Road, South Shields, is looking for a new owner to take the business on.
Discount Wine Centre on Mortimer Road, South Shields, is looking for a new owner to take the business on.

Although the business is currently an off licence, new owners would also be able to consider selling a wider range of convenience products and chilled foods, along with newspapers and magazines.

Located close to both Mortimer College and Primary School and the surrounding housing estates, it is in a prime position for passing and local trade.

Property adviser, Christie & Co said the store would be an ideal purchase for a first-time buyer in the town.

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Andy Birnie, director at Christie & Co added: “This is an ideal purchase for a first-time buyer looking to work for themselves at a relatively low initial investment.

“Fairly easy to run with little training or special skills required, this is likely to sell to someone local on a shop only basis.

“There is also the option to rent the flat above at additional rent for those needing accommodation.”