FOR SALE
14/02/22
290600
5818 / Rightbiz
Well Established Convenience & Off Licence Store with Prime location in Sunderland
Key Features
Situated on the busy A690 running through a residential area of Sunderland, this business benefits immensely from its close proximity to Sunderland college and children's centre. This ensures high levels of regular footfall and passing trade alongside the huge levels of exposure it receives from its prime location. Due to the residential area you also have a great opportunity to appeal to a multitude of different markets and consumers with the potential of increasing levels of repeat loyal customers.
Business
This well established business is fully equipped for the sale of convenience goods, frozen and chilled products, a full range of off licence goods, cigarettes, confectionery and cards. F&Fs include a 2m chest freezer, 1m ice cream freezer, 3.5m open chiller, 2.5m open chiller, 1m coca cola fridge and a 1.5m standing freezer.
Currently, this is an owner and staff run business which gives you multiple opportunities in regards to the direction you can take this. Whether this be through creating a staff run business to focus on other avenues or by taking a more hands on approach to reduce staff costs, the potential is evident.
Outside the premises, you will also find an ideal parking area making it an easy and effective process for passing commuters to use your services, further encouraging more customers and trade.
On-Site Services
Lottery and Paypoint
Collect Plus and Amazon
Commissions on Services
Annual Lottery Commissions circa. £1,200
Collect Plus and Amazon circa. £600
Staff Employed
3 staff on 20 hours each
No employees are required to be transferred under TUPE regulations
Trading Hours
Monday - Friday 7:30am - 9pm
Saturday - Sunday 8:00am - 9pm
Premises Licence
Monday to Sunday 8:00am-11:00pm
Lease Terms
Under 7 years the land registry. 5 years remaining
Property Type
A1 Retail
Tenure
Leasehold
Business Measurements
Ground Floor
Retail zone 73.4m² (790ft²)
Internal storage 28.8m² (310ft²)
Total 102.2m² (1,100ft²)
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.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Well Established Convenience & Off Licence Store with Prime location in Sunderland - 5818 / 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.