Convenience Stores for sale in Durham

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

Corner Shop And Newsagents - Co. Durham

Durham, County Durham, England

  • Freehold Price: £179,949  Price Reduced arrow_drop_down
  • Annual Turnover: £220,000
Seller Reference: KBT45003
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Business Description
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Seller Reference: KBT45003
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Business Description
• Extremely busy traditional corner shop and newsagents, sales increased from buy Newspaper round, Payzone, National Lottory & Health Lottory. Scope to increase sales with Alchohol.
• Family Accomodation compriseing of Two bedroom first floor, bathroom, kitchen.
• Excellent sale price for Retirment
• Viewing very highly recommended

Ref. 45003 Extremely busy, traditional corner shop and newsagents, excellent main road location, highly populated residential, quality footfall due to very busy main road that leads through to Durham – WEEKLY TURNOVER £TBC approx. Operated by the owners. Fantastic scope to increase turnover within the business, presented to good level, easily extended retail area, ** bedroom flat above, massive potential, bigger opportunity, viewing very highly recommended. Freehold.

This is an excellent and exciting opportunity to purchase a very well established traditional corner shop and newsagents, with huge potential to improve on the already impressive weekly turnover. This fantastic business is located on a prominent main road that is one of the major routes into Durham.

Having successfully operated as a retail outlet for over ** years and under the current ownership for the last ** years, this local newsagents has become an essential part of the community for offering the finest quality newspapers and magazines, as well as other general daily goods. The business enjoys an extensive, growing and loyal customer base attracting repeat trade from the immediate vicinity, as well as the high number of visitors to the area.

The business operates from a highly visible single fronted shop premises, which is presented to a good standard with a range of fixtures and fittings to go with the sale. There is an additional area to the rear of the trading space, that with a few modifications could extend the large existing retail area. The business comes with a ** bedroom flat above, complete with a kitchen, a bathroom and a living room.

Croxdale Corner Shop is a thriving and lucrative business which is run by the owners. This business is an essential piece within the local community and operates ** days of the week on limited hours.

The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic individual, couple or family that have the opportunity to extend and add to the stock already on offer at this excellent newsagents.

These enhancements will undoubtedly increase the already current weekly sales, whilst also enabling the additional staffing levels to be kept to a minimum, therefore maximising the overall profitability.

This is a first class, high turnover, rare business opportunity with fantastic potential that holds an exciting future for its next owner.

Summary. This is a very rare opportunity to purchase a profitable business with amazing potential to grow the retail section of the business to enhance for future growth and improvement. To avoid disappointment, a viewing is highly recommended.
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