Well Established Convenience Store & Off Licence in Sunderland with Accommodation option

  • Leasehold Price: £100,000
  • Weekly Turnover: £9,500
Sunderland, Tyne and Wear, England
Inactive

Well Established Convenience Store & Off Licence in Sunderland with Accommodation option

Sunderland, Tyne and Wear, England
  • Leasehold Price: £100,000
  • Weekly Turnover: £9,500

Description

Key Features
Weekly sales circ. £9,500 (TBC)
Annual rent £12,000
Optional 2 bed property
Town/coastal residential location
Lottery & PayPoint services
Established since 1978

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

Business Description
This well established Premier branded convenience and off licence store incorporates a well refitted and merchandised trading area with integrated chillers. The premises is fully equipped for the sale of all general convenience goods, frozen and chilled products, newspapers and magazines, cigarettes, confectionery and off licence products. The trading area incorporates a suspended ceiling with LED lights and integrated cameras and LED screen as part of the internal security system.

Additional services include National Lottery, PayPoint and an internal ATM cash machine. Under same ownership for over 40 years with current ownership since 1978.

Business Premises Rent£12,000

Rateable Value£3,950
The rateable value is used to calculate your rates bill so this is not the amount you will pay

Fixtures & Fittings
Coolmax 14 door closed chiller 8.6m
Capital Cooling 4 closed door 2.5m
Walls Ice cream and Slush Machine

Optional Living Premises
There is an option for a 2 bed living premises incorporating two bedrooms, living room, kitchen and bathroom and is accessible externally from the business. This option would not be included within the business premises lease. Further details available on request.

Commissions
Lottery commission £400 mth
ATM commission £130 mnth

Premises Licence
Monday to Sunday 5:00am-11:00pm

Property Type
A1 Retail

Premises measurements
Ground floor retail 60.5m² (651ft²)
Ground floor internal storage 48.3m² (520ft²)
Total area 108.8m² (1,170ft²)

EPC
Not available

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.

Leasehold Terms:
New lease terms available
Trading Hours:
Monday to Sunday 6:00am-9:00pm
Number of Employees:
Owner run business
Number of Bedrooms:
There is an option for a 2 bed living premises incorporating two bedrooms, living room, kitchen and bathroom and is accessible externally from the business. This option would not be included within the business premises lease. Further details available on request.
Location Details:
This business is situated in the suburb of Hendon within Sunderland in the North East of England and lies 1 mile between the city centre and the coast. Located on a main through road with free parking to the side of the premises, within a residential area and in close proximity to local amenities.
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/5878/

Listed By:

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