Convenience Stores for sale in Durham

View the "Premier Convenience & Off licence shop with good turnover in Gilesgate, County Durham" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Premier Convenience & Off licence shop with good turnover in Gilesgate, County Durham

Durham, County Durham, England

  • Leasehold Price: £75,000
  • Annual Turnover: £520,000
Seller Reference: 5715
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 5715
Request Details
Business Description
Excellent opportunity to purchase a Premier convenience & off licence shop with good sales located in a prime location near Durham city centre. This very well established business is re-fitted to a high standard with modern shelving, 3 large chiller cabinets, counter with 2 registers, ceramic tiled floor and suspended ceiling. The large open plan shop floor area offers an excellent range of products typical of a mini-supermarket. Ancillary area includes back stock area with an external room for additional storage along with office and staff toilet.

We are advised this a profitable business, with a strong regular customer base and good commission structure. Well situated on a busy road within the student catchment zone and car parking to the front of the shop. The business is currently owner run with 4 staff members.

Viewing is recommended to fully appreciate this opportunity.

Financial Information
Leasehold Price
£75,000

Weekly Sales
£10,000

Annual Sales
£520,000

Annual Business Rent
£15,000

Business Council Rates
£1,056

Fixtures & Fittings Value
£25,000

Accounts Available
5 Years

Annual Net Profit
£30,000

Gross Profit Margin
16%

Further Details
Premises Licence
The premises has a licence to sell alcohol

Employees
4 employees

Employee Information
Available on Request

Annual Commissions on Services
£10,296

Stock Value Estimated
£25,000

Trading Hours
Monday – Sunday 7:00 am – 10:00 pm

Ground Floor
Retail Area 94.2 m² (1,014 ft²)
Storerooms Total 53.4 m² (575 ft²) with side access

Key Features
• Excellent location near Durham city centre

• Good turnover profitable business

• Large trading area over 1,000 ft²

• Re-fitted to a high standard
Trading hours:
Monday – Sunday 7:00 am – 10:00 pm
Number of employees:
4
Tenure:
Leasehold
Location Details:
Well positioned in Gilesgate to the east of Durham on a busy road linking directly into the city centre.
Listed by:
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