Sunderland Convenience Store & Off Licence with Optional Accommodation for Sale
Sunderland, Tyne and Wear
- Status
SOLD / WITHDRAWN
- Date Submitted:
06/02/24
- Advert ID
606326
- Reference
5878 / Rightbiz
- Call Agent:
- Leasehold: £100,000 (Stock at valuation)
- Rent: £12,000
- Turnover: £494,000 (£9,500 Per week)
- Net Profit: On request
Key Features
- Open Plan Trading Area
- New Lease
- Fully Fitted
- Prime Location
- Established Business
- Close to Local Amenities
- With Car Park
Business Details
Well Established Convenience Store & Off Licence in Sunderland with Accommodation option
Key Features
- Weekly sales circ. £9,500 (TBC)
- Annual rent £12,000
- Optional 2 bed property
- Town/coastal residential location
- Lottery & PayPoint services
- Established since 1978
Viewings
Any viewings for the business and/or property are to be made strictly by appointment only and no approach should be made directly to the owner or any of their employees.
Location
This business is situated in the suburb of Hendon within Sunderland in the North East of England and lies 1 mile between the city centre and the coast. Located on a main through road with free parking to the side of the premises, within a residential area and in close proximity to local amenities.
Business Description
This well established Premier branded convenience and off licence store incorporates a well refitted and merchandised trading area with integrated chillers. The premises is fully equipped for the sale of all general convenience goods, frozen and chilled products, newspapers and magazines, cigarettes, confectionery and off licence products. The trading area incorporates a suspended ceiling with LED lights and integrated cameras and LED screen as part of the internal security system.
Additional services include National Lottery, PayPoint and an internal ATM cash machine. Under same ownership for over 40 years with current ownership since 1978.
Business Premises Rent£12,000
Rateable Value£3,950
The rateable value is used to calculate your rates bill so this is not the amount you will pay
Fixtures & Fittings
Coolmax 14 door closed chiller 8.6m
Capital Cooling 4 closed door 2.5m
Walls Ice cream and Slush Machine
Optional Living Premises
There is an option for a 2 bed living premises incorporating two bedrooms, living room, kitchen and bathroom and is accessible externally from the business. This option would not be included within the business premises lease. Further details available on request.
Commissions
Lottery commission £400 mth
ATM commission £130 mnth
Staff Employed
Owner run business
Trading Hours
Monday to Sunday 6:00am-9:00pm
Premises Licence
Monday to Sunday 5:00am-11:00pm
Property Type
A1 Retail
Lease Terms
New lease terms available
Tenure
Leasehold (Freehold not available)
Premises measurements
Ground floor retail 60.5m² (651ft²)
Ground floor internal storage 48.3m² (520ft²)
Total area 108.8m² (1,170ft²)
EPC
Not available
Disclaimer Notice
Any financial information shown for the business shown is based on verbal information provided by the vendor. A1 Businesses for Sale makes no warranty as to the accuracy of this information and advise that any interested parties make the relevant enquires to satisfy themselves of any particulars related to the sale.
All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale). See our disclaimer page for more details.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Advert pending deletion
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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