Convenience Stores for sale in Darlington

View the "REDUCED FOR QUICK SALE Convenience Store & Off Licence with 3 Bed Property in Darlington" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

REDUCED FOR QUICK SALE Convenience Store & Off Licence with 3 Bed Property in Darlington

Darlington, England

  • Leasehold Price: £3,000  Price Reduced arrow_drop_down
  • Annual Turnover: £182,000
Seller Reference: 5725
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: 5725
Request Details
Business Description
We offer this well re-fitted Convenience Store & Off Licence business with 3 bedroom accommodation. The shop floor is well merchandised with 2×3 m chiller, 2.5 m freezer & 2×1 m freezer. Currently operating on sales of around £3,500 per week. There is potential to increase sales through new owners dedicating more time to the business and extending opening times as there is an alcohol licence until 11pm. Introducing incentives such as a cash machine could increase sales.

The upstairs living space comprises of a lounge, kitchen, bathroom and 3 bedrooms. Two of which are situated on the ground floor and one in the converted loft space above. The house has a modern interior with triple glazed windows, carpets, curtains and blinds, along with a new central heating system. Further pictures of the property are available on request.

The business is currently staff run and managed. The owner has 2 businesses and does not have the time needed to spend on this business.

There is a Freehold option to purchase this property as well as the business.

Financial Information
Leasehold Price
£3,000

Weekly Sales
£3,500

Annual Business Rent
£9,600

Annual Accommodation Rent
£4,800

Business Council Rates
Zero Rateable

Fixtures & Fittings Value
£10,000

Annual Net Profit
Available on Request

Gross Profit Margin
18 %

Further Details
Lease Terms
Renewable lease with 4 years remaining

Premises Licence
The premises has an alcohol licence

Employees
2 Non-contracted

Commissions on Services
Available on Request

Stock Value Estimated
£17,500

Trading Hours
Monday – Saturday 7am – 10pm
Sunday 8am – 10pm

Ground Floor
Retail Area 55 m² (592 ft²)
Storeroom 25 m² (269 ft²) with rear access

Key Features
• 3 bedroom accommodation above the business

• 2×3 m chiller, 2.5 m freezer & 2×1 m freezer

• Renewable lease

• Large stockroom area

• Freehold option available

• Lottery & Pay Point

Location
The business is located in Darlington, County Durham on a busy road with good public transport links.
Trading hours:
Monday – Saturday 7am – 10pmSunday 8am – 10pm
Number of employees:
2 Non-contracted
Tenure:
Leasehold
Is accommodation included?:
The upstairs living space comprises of a lounge, kitchen, bathroom and 3 bedrooms. Two of which are situated on the ground floor and one in the converted loft space above. The house has a modern interior with triple glazed windows, carpets, curtains and blinds, along with a new central heating system. Further pictures of the property are available on request.
Location Details:
The business is located in Darlington, County Durham on a busy road with good public transport links.
Leasehold Term:
Renewable lease with 4 years remaining
Listed by:
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