Busy Off Licence In County Durham | | Ferryhill County Durham | | Popular Off Licence Ferryhill, County Durham T/O: 190,000 GP: 20% Scope to develop Loyal customer base Well-quipped Town centre location | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 61866
ADVERT IMPRESSIONS : 6,716 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Off Licences | | SALE: | Agent Sale | FREEHOLD: | £124,999 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
Ferryhill Off Licence occupies end parade premises and is ideally situated on the main road in a busy shopping area in Ferryhill, County Durham. The business is situated within a densely populated area and benefits from ample parking in the vicinity. There are a wide variety of shops, businesses and amenities to the immediate area. The business boasts an excellent trading position, from which it enjoys a high footfall with much passing trade. There are regular buses running through the area and there is easy access to the local A-road network. Ferryhill is a very busy market town in County Durham, and the community itself hosts many annual events including a Christmas market, miner's parade and vintage car rally. The business lies approximately 8 miles south of Durham and approximately 6 miles away from the A1(M) motorway.
Business History
Preferred Commercial is pleased to offer for sale this popular off licence, which was established by our client in 1988 and is only now being placed on the market due to our client's wish to retire. The business generates a turnover in the region of £190,000 per annum with a gross profit of 20%, derived from retailing a wide range of wines, spirits and beer along with confectionery sales. Our client currently trades 7-days per week and has developed an excellent reputation and a loyal customer base, and enjoys much repeat trade from the surrounding area. The business is well-equipped to suit the trade and is well-stocked with a wide range of products and offers the Health Lottery. The business boasts 3-storey premises with spacious shop area, a large stock room and office area to the first floor. The new owner could, perhaps, convert the upper floors into living accommodation. This is an ideal opportunity to acquire a profitable off licence store in a very busy area, which is well-equipped and in a walk-in-and-trade condition, with potential to develop upper floors into living accommodation. Early negotiations with Preferred Commercial come highly recommended.
Financial Details
T/O: £190,000 approx.
GP: 20%
Opening Hours
Mon: - Sat: 09.00am - 10.00pm
Sun: 12:00pm - 10.00pm
Accommodation Details
3-storey off licence premises, situated in a busy market town. Briefly comprising:
Ground Floor
• Main shop area with serving counter, electronic cash register, small freezer, 3 x chillers, confectionery displays, cigarette gantry and extensive shelving to suit
First Floor
• Office area
• Stockroom
Second Floor
Further office area
External
• Pavement to the front of the premises
• Shared back gate with access for refuse collection
Tenure
Advised freehold | | | | | | FOR SALE | | | | | REFERENCE: | 2366 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
