This Nisa Local branded business has been trading for over 30 years and has built a strong customer base together with good passing trade. The trading area is exceptionally well merchandised having had a full re-fit in 2015. Well laid out with a wide selection of alcohol, grocery & confectionery lines this is a one stop shop for many customers. The counter area has Post Office, Lottery and a good range of cigarettes & tobacco. The shop boasts strong sales circa. £19,500 per week with additional commissions of over £1,000 monthly from the Post Office and a further £7,500 Lottery commissions per annum.
The business is currently operated by the owner with an additional 3 contracted members of staff. The current leaseholder has no ties with Nisa, therefore any new purchaser would have the option to sign up to a new scheme.
Shop Dimensions
Trading Area 95.6m² (1,028f²)
Stockroom Area 37m² (398f²)
Key Features:
Average weekly T/O £19,500
Post Office Income £1,000 per month
Lottery £7,500 per annum
Full refit 2015
No ties with Nisa
Genuine reason for sale
Gross Annual Income: £1,014,000
Annual Rent: £17,000
Rateable Value* £5,600
* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) click here for more information
Premises Licence
The business is licensed to sell alcohol from 6:00am to 11:00pm
Post Office Commissions
Circa. £12,000 per annum
Commissions on Services
Lottery circa. £7,500 per annum
Staff Employed
Currently 3 contracted staff
Stock Value
Approx. £35,000-£40,000
Trading Hours
Monday - Sunday 6:00am - 9:00pm
Interested in this Business?
Call us +44 1904 867175
Email us sales@a1businesses.co.uk
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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 - Sunday 6:00am - 9:00pm
Location Details:
The property is in a prime location within a residential area of Sunderland on South Tyneside. Located towards the city and in close proximity to the A19 motorway the business is nearby local amenities. Parking is available outside the shop.
Leasehold Term:
Current lease expires in 2038