Newsagents for sale in Sunderland

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Profitable Newsagent, CTN with Good Commissions in Sunderland

Sunderland, Tyne and Wear, England

  • Leasehold Price: £34,950
  • Annual Turnover: £364,000
Seller Reference: 5779
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Business Description
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 5779
Request Details
Business Description
The business is located in a suburb of Sunderland, Tyne and Wear. It is situated on a busy main road that has a variety of shops and businesses, which results in a high volume of passing trade. This main road runs through a residential area so also sees reliable and returning customers. It is also within a short distance from a student village and both a primary and secondary school. The shop is easily accessible and has parking available at the front.

This is a well established convenience store within a popular location and on a row of other businesses. The shop is currently being run by the owner and only one additional member of staff. The business offers additional services which include lottery and PayPoint with extremely good earnings on the commissions.

Fixtures and fittings are included within the sale which comprises of 1m standing chiller unit and a 3.5 metre open drink chiller, a EPOS PayZone Till System, integrated LED lighting and a suspended ceiling which gives a spacious feel to the trading area.

Please note this is not a convenience store and there is no currently no sale of alcohol.

Opportunity
The reason for sale is due to the owner having other business commitments and this is an ideal opportunity for an individual or couple looking for a new starter business opportunity.

The business currently closes at 3pm due to covid restrictions, should a new owner decide to extend these opening hours the sales could be increased beyond current scope.

There is currently no lease in place and thus offering an opportunity for a new lease with flexible terms.

Annual Rent
£12,000

Premises Licence
Licensed Mon to Sat 8:00am - 11:00pm
Sunday 10:00am - 10:00pm

Staff Employed
Owner and 1 staff on 30 hours/week

Estimated Stock Value
£15,000

Shop Measurements
Shop Trading Area: 40.6m² (437ft²)
Stockroom Area: 29m² (312ft²)

Audited Accounts
3 years available following an appointment

Key Features:
Average weekly sales £7,000-£8,000
Lottery/PayPoint commissions £20,000-£25,000
No Off-Licence
Parking to the front of store
Energy Rating C

Interested in this Business?
Call us +44 1904 867175
Email us sales@a1businesses.co.uk

Notice
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.
Trading hours:
Monday to Saturday 5:00am-3:00pm, Sunday 5:00am-1:00pm
Tenure:
Leasehold
Location Details:
The business is located in a suburb of Sunderland, Tyne and Wear. It is situated on a busy main road that has a variety of shops and businesses, which results in a high volume of passing trade. This main road runs through a residential area so also sees reliable and returning customers. It is also within a short distance from a student village and both a primary and secondary school. The shop is easily accessible and has parking available at the front.
Leasehold Term:
No lease in place. Option for 10 to 20 year lease
Listed by:
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