Q4 Retail Market Insight: North East

Demand for all North East retail opportunities remains strong. Opportunities continue to attract a steady stream of buyers from the South due to more perceived value in the North, making it essential to engage with our expert agents who can give you access to a national buyer network. 

Buyers remain a mix of independent and expanding multi-site operators, along with first-time and lifestyle purchases. As such, living accommodation is a key feature for owner-operators.

First time buyers prefer a symbol branded store, as this offers them a platform to independently run their own business with the support of a large brand, whereas more experienced buyers are seeking quality businesses with development potential.

Most buyers are funding their purchases using a mix of bank lending, together with cash deposits and equity in existing property in other regions.

We are currently marketing a number of excellent retail opportunities across the North East. Read on below to find out more.

Allendale Post Office

Excellent freehold post office and store in an ideal village setting. The store has been extended and improved over the past 16 years and features a maisonette/holiday letting rooms above.

Harrison's Newsagents

Established newsagents and off license, which benefits from a High Street position in Berwick-Upon-Tweed and generates excellent net profits for an owner-operator. The business has come to market due to retirement and is available on a freehold or leasehold basis.

Claire's Newsagents

Double fronted, family-run newsagents, off license and convenience store which enjoys a pleasant village location in Haydon Bridge. The current owner is selling the business to pursue retirement which presents a fantastic opportunity for an owner-operator to acquire a lifestyle business, with plenty of growth potential, in the Northumberland countryside. Also included in the sale is a one-bedroom and two-bedroom flat.

Ampleforth

Attractive village store and post office attached to a four-bed, stone-built house and large garden, which offers an ideal lifestyle business opportunity for someone looking to live and work in North Yorkshire. The store is regarded as a ‘hub’ in the village, alongside the local pub and remains unopposed, with the nearest competition in the next village, approximately five miles away.

Get in touch

To discuss selling your business, get in touch with our Retail Experts here.

Looking to buy a retail business or retail shop? Start your search here