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30-year Established Convenience & Off Licence Store Plus 2 Bedroom Property in Thornley, County Durham

Thornley, County Durham
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Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham Photo 1
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Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham Photo 4
Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham Photo 5
Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham Photo 6
Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham Photo 7
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Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham Photo 9
Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham Photo 10
Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham Photo 11
Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham Photo 12
Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham Photo 13
Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham Photo 14
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Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County DurhamPrice Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham
  • Status

    FOR SALE

  • Date Submitted:

    31/01/24

  • Advert ID

    606008

  • Reference

    5828 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £110,000 (Stock at valuation)
  • Turnover: £130,000 (£2,500 Per week)
  • Net Profit: On request

Key Features

  • Retirement Sale
  • With Car Park
  • Price Reduced
  • Established Business
  • Prime Location
  • Attractive Business
  • Fully Fitted
  • Close to Local Amenities
  • Accounts Available

Business Details

Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham

Key Features

  • Weekly sales circa. £2,500
  • Two bedroom accommodation
  • Reduced trading hours, closed Sunday
  • Pleasant village location
  • Established over 30 years
  • Semi-retirement sale

Location

Located on the main through road in the village of Thornley, about 6 miles to the east of Durham and 5 miles west of Peterlee. This business resides amongst a residential catchment area with local amenities including a local library and Thornley village centre nearby.

Business

This well established business stocks a variety of general convenience goods, including frozen and chilled products, confectionery, off licence goods and a selection of food produce from the deli counter. The trading area has been kept to a good standard and has been fitted with laminate flooring. To the rear of the store there is a good sized stockroom fitted with shelving, sink unit and W.C.

The current owner has been running the business since 1986 which they are now ready to sell due to semi-retirement.

Accommodation

To the rear of the property is an external entrance leading directly to a spacious living room, kitchen, bathroom and two bedrooms which are currently unfurnished.

Fixtures & Fittings

Two 2m chest freezers
Ice cream freezer
Closed drinks chiller
Closed standing chiller
Deli counter & equipment
Fitted shelving units

On-Site Services

Paypoint & Internal ATM machine

Staff Employed

Family run business

Weekly Salescirca £2,500

Stock Estimate£7,000

Rateable Value£3,150
Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay

Trading Hours

Monday to Friday 9:00am – 4:30pm
Saturday 9:00am – 12:30pm
Sunday Closed

Premises Licence Hours

Monday to Saturday 8:00am – 11:00pm
Sunday 10:00am – 10:30pm
Christmas Day 12:00pm – 3pm and 7.00pm – 10:30pm
Good Friday 8am – 10:30pm

Property Type

A1 Retail

Tenure

Freehold

Retail Measurements

Ground Floor
Retail zone 52.1m² (561ft²)
Internal storage 24.2m² (260ft²)

Total 76.3m² (821ft²)

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.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Price Reduced Freehold Convenience & Off Licence Store with 2 Bedroom Property in County Durham - 5828 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.