Profitable Convenience Store with Off Licence and 2-Bedroom Property in Houghton-le-Spring For Sale
Houghton le Spring, Tyne and Wear
- Status
FOR SALE
- Advert ID
623406
- Reference
5891 / Rightbiz
- Call Agent:
- Leasehold: £70,000 (Stock at valuation)
- or
- Freehold: £140,000 (Stock at valuation)
- Rent: £17,400 (£1,450 per month)
- Turnover: £364,000 (£7,000 per week)
- Net Profit: On request
Key Features
- Prime Location
- Price Reduced
- Established Business
- Price Further Reduced
- New Lease
- With Car Park
- Close to Local Amenities
- Attractive Business
- Fully Fitted
Business Details
Price Reduced Freehold Convenience Store & Off Licence with 2 Bedroom Property in Houghton le Spring
Key Features
- £140,000 or OFFERS
- Weekly sales circa. £7,000
- Freehold or Leasehold business
- 2 bed living premises
- No lottery services
- Located on a busy road
- Residential area
Viewings
Any viewings for the business and/or property are to be made strictly by appointment only and no approach should be made directly to the owner or any of their employees.
Location
This business is located in Fencehouses, Houghton-le-Spring in County Durham in the North East of England and lies 8 miles north east of Durham City Centre. The shop is situated on the A1052, a busy road linking Lambton Park and Chiltern Moor and benefits from an established local customer base within the residential area. Off street parking is available outside of the shop.
Business Description
This popular convenience and off licence store is fully equipped for the sale of all general convenience goods, frozen/chilled products, newspapers/magazines, cigarettes, confectionery and off licence products.
Business Premises
The ground floor business premises incorporates the shop trading area with internal access to the storage areas. To the side of the property is the entrance leading to the ground floor incorporating internal storage.
Living Premises
External rear access leads to the kitchen situated on the ground floor. An internal stairway leads to the first floor living premises and incorporates 2 bedrooms, lounge and bathroom.
Business & Living Premises Rent: £17,400
Rateable Value: £1,150
Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay)
Employees
Family run business.
Trading Hours
Monday to Saturday 6:00am to 10:00pm
Sunday 7:00am to 10:00pm
Premises Licence Hours
Monday to Saturday 6:00am to 11:00pm (TBC)
Sunday 7:00am to 10:00pm (TBC)
Services
NO National Lottery
NO Paypoint or PayZone (TBC)
Property Type
A1/A2 Retail and Financial/Professional Services
Tenure
Freehold and Leashold options are available
EPC Rating
EPR Rating E valid until 16 June 2033
Business Measurements
Ground floor retail zone 17.5m² (188ft²)
Ground floor external storage area 35.8m² (385ft²)
Ground floor external storage area 3.7m² (40ft²)
Ground floor Total 57m² (613ft²)
Disclaimer Notice
All information provided within the advert is subject to our standard terms and conditions of 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.
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.
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
