Convenience Stores for sale in Durham

View the "Convenience Store - Co. Durham" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 Unbelievable, as I've saved hundreds on agents fees, by doing it myself. 

Anjam Hussain (Jun 2017)
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Leasehold Price: £240,000 Annual Turnover: £1,300,000
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Business Description
• Highly profitable convenience store, annual turnover in excess of £1,000,000
• Current weekly shop sales average £23-25k,weekly, lottery sales approximate to £2,500, PayPoint between £5,000-£7,000 per week on average
• Busy main road location
• New FRI lease will be granted with annual rent of £22,000

Ref. 43584 Highly profitable Spar convenience store in prime location in a busy main road position. Turnover for year in excess of £1 million including Lotto Sales and Paypoint. Long Established, family run business. Leasehold.

We are pleased to introduce to the market this Spar on Front Street in Durham, which has been under the very caring ownership of our client since 1990 and has been owned by the family for over 45 years. The business is located on a busy main road which runs through the village of Langley Park.

The business trades with a high turnover of over £1,000,000 which is derived from a selection of general grocery and convenience items, including confectionary, food, juice, crisps and bread etc as well as cigarettes and alcohol sales. Additional revenue is generated through Lotto ticket sales and scratch cards and the business benefits from Paypoint. Spar also offers a selection of hot and cold snacks/lunches from the deli counter which are made to order.

Current weekly shop sales average £23-25k approximately, weekly lottery sales approximate to £2,500 and PayPoint lies between £5,000-£7,000 per week on average.

Spar is well supported locally and relied upon by local residents, but also benefits from passing trade due to its prime main road location. This is an excellent opportunity to purchase an easily managed business with an exceptionally high turnover.

Summary. Excellent opportunity to purchase a hugely successful business with high turnover, which trades with a great reputation and reliable customer base. Potential to increase turnover by introducing new retail lines or utilise living space above premises.
Tenure: Leasehold

Listed by: Kings Business Transfer

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