Off Licences for sale in Prudhoe

View the "Convenience & Off Licence with 4 Bedroom Accommodation in Prudhoe, Northumberland" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Daltons offered a simple, low-cost and effective way to advertise our business for sale to a wide audience.  

David Binder (Nov 2017)
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Leasehold Price: £64,950 Annual Turnover: £364,000
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Business Description
Convenience store business in the village of Prudhoe with 5 bedroom accommodation overlooking Northumberland. We are advised there is potential to increase the sales if further time commitment is invested in the business. Best One branded and has recently refurbished to a good standard less than 2 years ago. The shop currently has coffee machine, E-cigs, lottery & paypoint and an internal cash machine giving commissions of £250 a week. Phone accessory business operates on the premises separately generating a further £350 weekly. The shop has a sizeable stockroom area with rear access. The 4 bedroom accommodation above is well presented and is suitable enough for a family or could be rented for £550 a month. There is a further room for extra living space but would require refurbishment to be habitable. The shop is running below its potential with the owner unable to spend enough time in it due to personal circumstances.

Leasehold Price: £64,950
Weekly Turnover (Excluding Services): £7,000
Annual Turnover: £364,000
Weekly Business & Property Rent: £276
Annual Business & Property Rent: £14,400
Business Council Rates: Zero Rateable
Fixtures & Fittings Estimated Value: Approx £15,000
Accounts: 1 Year Trading Accounts Available
Annual Net Profit: Available on Request
Gross Profit Margin: 25%

The premises has a licence to sell alcohol

Staff
1 contracted and 1 non-contracted

Commissions on Services: Approx £250 per week
Stock Value Estimated: £15-20,000

Ground Floor
Retail Area 70 m² (753 ft²)
Storerooms Total 56 m² (603 ft²) with rear access

Key Features

• Renewable lease
• Commissions on services
• 5 Bedroom Accommodation
• Lottery & Paypoint
• EPOS till system & CCTV

Accommodation

5 Bedroom House
4 Bedrooms (doubles)
1 Bedroom awaiting to refurbish
Kitchen with Fitted Units
Bathroom withToilet and Shower & Bath
W.C. & Wash Hand Basin separate
Rear yard area
Trading Hours:
Monday – Friday 7:30-9:00 pm
Saturday 8:00-9:00 pm
Sunday 8:00 – 9:00 pm

Number of Employees: 1 contracted and 1 non-contracted

Tenure: Leasehold

Number of bedrooms: 4

Accommodation Details:
5 Bedroom House 4 Bedrooms (doubles) 1 Bedroom awaiting to refurbish Kitchen with Fitted Units Bathroom withToilet and Shower & Bath W.C. & Wash Hand Basin separate Rear yard area The 4 bedroom accommodation above is well presented and is suitable enough for a family or could be rented for £550 a month. There is a further room for extra living space but would require refurbishment to be habitable.

Competition: No direct competition

Location Details:
Situated in south Northumberland, 11 miles west from the city of Newcastle. The shop is in a nice and safe residential area on a main road with magnificent view to the landscape around. There is no immediate competition nearby.

Leasehold Term: Renewable lease

Website:

Listed by: A1 Businesses For Sale

Find out more about this business opportunity.

 
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