Convenience Stores for sale in Sunderland

View the "Convenience & Off Licence Store For Sale in Sunderland" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Convenience & Off Licence Store For Sale in Sunderland

Sunderland, Tyne and Wear, England

  • Leasehold Price: £99,950
  • Annual Turnover: £650,000
Seller Reference: 5759
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Business Description
 
 
 
 
 
 
 
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Seller Reference: 5759
Request Details
Business Description
This well established business is situated in the popular Silksworth area of Sunderland. It is on a busy road, close to schools, churches, local parks and a cricket club.

Business
This is a Londis branded convenience store. It has been trading since 1984, during which time it has built a large, loyal customer base. The property has parking for up to 4 cars at the front, fully alarmed and has CCTV.

The business generates additional income from Lottery & Pay Point. It currently employs 3 part time members of staff. Fixtures include 3 open chillers, 4 standing freezers and the property is fully refitted to a high standard. To the rear of the property there is a large stockroom, a kitchen and a toilet.

The business has steady weekly sales and could be further developed by introducing longer opening hours under the new management. The owner's reason for sale is retirement.

Shop Dimensions
Trading Area 65m² (700f²)
Stockroom Area 36.6m² (394f²)

Annual Rent
£15,600

Rateable Value*
£5,300

* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) click here for more information

Commission on Services
Approximately £150 a week

Stock Value
£25,000 approx

Key Features
Sales £12,500 per week
Services commissions £150 a week
Well established
Fixtures & fittings inclusive
Excellent location
Londis branding
Trading hours:
Mon - Sat 6:30am - 8:30pm
Sunday 8:00am - 8:30pm
Number of employees:
4
Tenure:
Leasehold
Location Details:
This well established business is situated in the popular Silksworth area of Sunderland. It is on a busy road, close to schools, churches, local parks and a cricket club.
Leasehold Term:
New lease 10-20 year available
Listed by:
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