Freehold Convenience & Off Licence with 4 Bedroom Property in Sunderland

Sunderland, Tyne and Wear

Status

FOR SALE

Date Submitted:

07/05/21

Advert ID

276263

Reference

5792 / Rightbiz
Freehold: £185,000
Annual Turnover: £364,000
Annual Net Profit: £25,608

Key Features

  • Weekly Sales circa. £7,000
  • 4 Bedroom Property
  • Freehold Opportunity
  • Net Profit Y/E 2020 £25,608
  • Lottery/Paypoint Services

A rare freehold sale in the city of Sunderland of a profitable business with a four bedroom accommodation. The business is operating as a typical CTN but without any newspapers & magazines. Our client has owned the business and property since 1985.

Sale is due to early retirement, accounts are available upon request.

Accommodation
The accommodation has a separate entrance to 4 bedrooms, large living room, king size kitchen, shower and bathroom, large yard that can be used as a garage. Large rear stockroom, shop floor area can be extended.

Location
Located in the city of Sunderland in the North East of England and within a residential area and close to local amenities.

Opportunity
A rare freehold opportunity

Trading Hours
Monday to Sunday 8am - 9pm

Premises Licence
Monday to Sunday 8am - 11pm

Commissions on Services
Lottery Commissions Avg £90-£150 wkly
PayPoint Avg £50 wkly

Stock Value Approx
Estimated £13,000

Staff Employed
1 non contracted member of staff

Internal Measurements
Shop Trading Area: 26.4m² (284ft²)
Stockroom Area: 10.37m² (111ft²)
Storage Area: 15.59m² (168ft²)

Audited Accounts
3 Years Accounts Available

Net Profit
Year End March 2020 Net £25,608

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

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.

Interested in this Business?
Call us  44 1904 867175
Email us [email protected]

Key Features
  • Fully Fitted
  • Attractive Business
  • Established Business
  • Accounts Available
  • Close to Local Amenities
  • Retirement Sale
Contact Agent
Agent Name:
Advert Reference:
5792 / Rightbiz
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Disclaimer
The data showed regarding this advert 'Freehold Convenience & Off Licence with 4 Bedroom Property in Sunderland - 5792 / 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.
Find out more about the business by contacting the seller