Convenience & Off Licence Weekly Sales £13,500 with 5 bed accommodation in Sunderland

  • Leasehold Price: £150,000
  • Weekly Turnover: £13,500
Sunderland, Tyne and Wear, England
Seller Ref:5864
For Sale

Convenience & Off Licence Weekly Sales £13,500 with 5 bed accommodation in Sunderland

Sunderland, Tyne and Wear, England
Seller Ref:5864
  • Leasehold Price: £150,000
  • Weekly Turnover: £13,500

Overview

Seller Ref: 5864

Description

Key Features
Weekly Sales £13,500
Large open plan trading area
5 bedroom accommodation
Internal ATM machine
New 15-20 year lease available

Business Description
This well established Premier branded convenience and off licence store incorporates a well merchandised trading area. The business is situated on the ground floor incorporating retail trading area with rear access to 2 internal stock storage areas and staff toilets.

The shop is fully equipped for the sale of all general convenience goods, frozen and chilled products, cigarettes, confectionery and off licence products. Business services include Lottery, Paypoint and an internal ATM machine. Ancillary areas to rear of the store include 2 internal stock areas and staff toilets facilities.

The business has been under the ownership of our client since 2014 and the sale opportunity is due to their retirement.

Business & Living Premises Rent
Annual £25,200 (£2,100 per month)

Commissions on Services
Lottery £250/month
ATM machine £90/month

Rateable Value £14,500
The rateable value is used to calculate your rates bill so this is not the amount you will pay

Fixtures and Fittings
Arneg chiller fridge 1 x 3.75m, Coolcheck chiller fridge 1 x 3.75m, Staycold fridge 2 x 1.2m, Double door freezer 1 x 1.4m, AHT chest freezers 2 x 1.8m , Walls ice cream freezer 1 x 1.5m and 1 lane PayPoint EPOS till system.

Accommodation Premises
A new tenant will have the option to lease the business premises on the ground floor with an option to include the first floor accommodation if required.

External access leads to the first floor incorporating two separate flats. Both units include two bedrooms, lounge, kitchen and bathroom. The properties are in good condition with one having recently been renovated with a new kitchen and washroom.

On-Site Services
Lottery & PayPoint Services
Internal ATM cash machine

Staff Employed
Owner run business with 1 part time member of staff on 12 hrs a week. TUPE rules apply.

Premises Licence
Monday to Sunday 8:00am-11:00pm

Property Type
A1/A2 Retail and Financial/Professional Services

Tenure
Leasehold only (Freehold not available)

Measurements
Ground Floor
Retail zone 114.4m² (1,231ft²)
Internal storage including toilets 30.7m² (330ft²)

Total 145.10m² (1,562ft²)

Disclaimer Notice
Any financial information shown for the business shown is based on verbal information provided by the vendor. A1 Businesses for Sale makes no warranty as to the accuracy of this information and advise that any interested parties make the relevant enquires to satisfy themselves of any particulars related to the sale.
All information provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale). See our disclaimer page for more details.

Viewings
Any viewings for the business and/or property are to be made strictly by appointment only through A1 Businesses for Sale. No approach should be made directly to the owner or any of their employees.

Leasehold Terms:
New 15 to 20 year lease available.
Trading Hours:
Monday to Saturday 7:00am-9:00pm Friday to Saturday 8:00am-9:00pm Sunday 8:00am-9:00pm
Number of Employees:
1
Number of Bedrooms:
5
Location Details:
This shop is situated within a suburb of Sunderland between Hylton Castle Estate and Town End Farm. Central to a dense residential area, the store is close to a local school and bus links nearby. Located 5 miles to the west of Sunderland City Centre and quickly accessible from the A19 and A1231 trunk roads.
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
Yes
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation
Website address:
https://a1businesses.co.uk/property/5864

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