Sunderland Convenience Store with £13,500 Weekly Sales - Optional 5 Bed Accommodation
Sunderland, Tyne and Wear
- Status
FOR SALE
- Date Submitted:
12/06/23
- Advert ID
514717
- Reference
5864 / Rightbiz
- Call Agent:
- Leasehold: £150,000 (Stock at valuation)
- Rent: £25,200
- Turnover: £702,000 (£13,500 Per week)
- Net Profit: On request
Key Features
- Fully Fitted
- Prime Location
- Attractive Business
- New Lease
- Accounts Available
- Established Business
Business Details
Convenience & Off Licence Weekly Sales £13,500 with 5 bed living premises in Sunderland
Key Features
- Weekly Sales £13,500
- Large open plan trading area
- 5 bedroom accommodation
- Internal ATM machine
- New 15-20 year lease available
Location
This shop is situated within a suburb of Sunderland between Hylton Castle Estate and Town End Farm. Central to a dense residential area, the store is close to a local school and bus links nearby. Located 5 miles to the west of Sunderland City Centre and quickly accessible from the A19 and A1231 trunk roads.
Business Description
This well established Premier branded convenience and off licence store incorporates a well merchandised trading area. The business is situated on the ground floor incorporating retail trading area with rear access to 2 internal stock storage areas and staff toilets.
The shop is fully equipped for the sale of all general convenience goods, frozen and chilled products, cigarettes, confectionery and off licence products. Business services include Lottery, Paypoint and an internal ATM machine. Ancillary areas to rear of the store include 2 internal stock areas and staff toilets facilities.
The business has been under the ownership of our client since 2014 and the sale opportunity is due to their retirement.
Business & Accommodation Rent
Annual £25,200 (£2,100 per month)
Commissions on Services
Lottery £5,000/month
ATM machine £90/month
Rateable Value £14,500
The rateable value is used to calculate your rates bill so this is not the amount you will pay
Fixtures and Fittings
Arneg chiller fridge 1 x 3.75m, Coolcheck chiller fridge 1 x 3.75m, Staycold fridge 2 x 1.2m, Double door freezer 1 x 1.4m, AHT chest freezers 2 x 1.8m , Walls ice cream freezer 1 x 1.5m and 1 lane PayPoint EPOS till system.
Accommodation Premises
A new tenant will have the option to lease the business premises on the ground floor with an option to include the first floor accommodation if required.
External access leads to the first floor incorporating two separate flats. Both units include two bedrooms, lounge, kitchen and bathroom. The properties are in good condition with one having recently been renovated with a new kitchen and washroom.
On-Site Services
Lottery & PayPoint Services
Internal ATM cash machine
Staff Employed
Owner run business with 1 part time member of staff on 12 hrs a week. TUPE rules apply.
Trading Hours
Monday to Saturday 7:00am-9:00pm
Friday to Saturday 8:00am-9:00pm
Sunday 8:00am-9:00pm
Premises Licence
Monday to Sunday 8:00am-11:00pm
Property Type
A1/A2 Retail and Financial/Professional Services
Tenure
Leasehold only (Freehold not available)
Lease Terms
New 15 to 20 year lease available.
Measurements
Ground Floor
Retail zone 114.4m² (1,231ft²)
Internal storage including toilets 30.7m² (330ft²)
Total 145.10m² (1,562ft²)
Disclaimer Notice
Any financial information shown for the business shown is based on verbal information provided by the vendor. A1 Businesses for Sale makes no warranty as to the accuracy of this information and advise that any interested parties make the relevant enquires to satisfy themselves of any particulars related to the sale.
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.
Contact Agent
Listing Statistics
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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
