Convenience Stores for sale in Sunderland

View the "Post Office, Convenience Store & Off Licence with two 2 Bedroom Flats Freehold or Leasehold" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Post Office, Convenience Store & Off Licence with two 2 Bedroom Flats Freehold or Leasehold

Sunderland, Tyne and Wear, England

  • Freehold Price: £380,000  Price Reduced arrow_drop_down
  • Leasehold Price: £125,000
  • Annual Turnover: £780,000
Seller Reference: 5758
Request DetailsEmail email
Business Description
 
 
 
 
 
 
 
 
 
Image 1 of 9 video_library
Seller Reference: 5758
Request Details
Business Description
A well refitted Premier branded business with fixtures & fittings including a 3.7m alcohol chiller, two drinks chillers, two 4m open chillers, two upright freezers, three chest freezers and an ice-cream freezer. The business further benefits from an internal cash machine, coffee machine and CCTV system.

Established for over 40 years and the business/property is now for sale due to retirement after having been with the current owner since 2005. The business is mainly staff run and there is scope to increase the sales via extending opening hours.

The 1,500f² open plan trading area leads to ancillary areas including stock area to the rear with delivery access on the ground floor and a further stockroom area upstairs with WC on the first floor.

The freehold purchase option includes the retail store, two upstairs 2 bedroom flats and external garage.
The leasehold purchase option includes the retail store only.

Please contact us for more details on the property.

Shop Dimensions
Trading Area 140m² (1,506f²)
Stockroom Area 34m² (366f²)

Gross Annual Income: £780,000
Annual Rent: £15,000
Rateable Value*: £15,250
* (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

Post Office Commission: £18,000 per annum
Staff: 3 contracted & 3 non contracted
Stock Value: Approximately £50,000

Key Features
Average sales over £15,000 inc VAT PW
Post Office income £18,000 PA
Two 2 bed flats & garage (freehold only)
Large 1,500 f² trading area
Well established business
Retirement sale after 15 years
Trading hours:
Mon - Sat 7:00am - 9:00pm Sunday 8:00am - 9:00pm
Number of employees:
6
Tenure:
Leasehold, Freehold
Is accommodation included?:
The two 2 bedroom upstairs flats are currently let on 6 months Assured Shorthold Tenancy Agreements, income of which yields £5,400 each per annum. The accommodation and garage are available as a freehold option only.
Number of bedrooms:
2x2
Location Details:
This post office, convenience & off licence business is located on Thorndale Road within a suburb of Sunderland. In a dense residential area of Thorney Close and situated just off the main road within a parade of shops the store has no direct competition and has parking spaces in front of the shop. Close to local amenities and easy access to the main city via the local bus route or car.
Leasehold Term:
A new 10-20 year lease is available
Listed by:
Request Details

Find out more about this business opportunity.

* REQUIRED

Finance Services

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?

You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.

Legal Services

Would you like a free no-obligation quote from a commercial law firm who could help you to buy this business?

You will be contacted by a specialist commercial solicitor from the Legal Marketing Works Network.

Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
You may also like...
loder imageloder image