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Price Reduced Leasehold Convenience Store and Off Licence with Living Space in Sunderland

Sunderland, Tyne and Wear
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Price Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in Sunderland Photo 1
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Price Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in SunderlandPrice Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in SunderlandPrice Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in SunderlandPrice Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in SunderlandPrice Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in SunderlandPrice Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in SunderlandPrice Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in SunderlandPrice Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in SunderlandPrice Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in SunderlandPrice Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in SunderlandPrice Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in SunderlandPrice Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in Sunderland
  • Leasehold: £69,000 (Stock at valuation)
  • Rent: £12,000 (£1,000 per month)
  • Turnover: £286,000 (£5,500 per week)
  • Profit: On request

Business Details

Price Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in Sunderland

Key Features

  • Weekly sales avg. £5,621 (1/1/26 to 31/6/26) exc. services 
  • Annual Rent £12,000
  • High spec refit with refrigeration and CCTV system
  • Lottery & PayPoint services
  • Residential location

Viewings

Any viewings for the business and/or property are by appointment only. Under no circumstances should any direct approach be made to the owner or their employees

Location

This shop is located within Barnes, a suburb of Sunderland in the North East of England and within a densely populated residential area.

Business Description

This Go Local branded 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. The trading area incorporates a high spec refit and incorporates integrated chillers, suspended ceiling with integrated LED lights and CCTV internal security system

Business & Living Premises Rent: £12,000

Rateable Value: £10,500
The rateable value is used to calculate your rates bill so this is not the amount you will pay

Fixtures and Fittings

Refrigeration includes 2 x 3.75m Chillers, 1 x 2.5m freezer, 1x freezer 1.5m and CCTV with 8 cameras

Business Premises

Ground floor retail premises incorporating the trading area, internal storage and staff toilet

Living Premises

First floor 2 bedroom living premises inc lounge area, bathroom and kitchen

On-Site Services

National Lottery & PayPoint

Employees

The business is currently run by the owners. No staff to be TUPEd

Shop Trading Hours

Monday to Saturday 7:00am-10:30pm
Sunday 10:00am-10:00pm

Premises Licence Hours

Monday to Saturday 8:00am-11:00pm
Sunday 10:00am-10:00pm

Property Type

A1/A2 Retail and Financial/Professional Services

Tenure

Leasehold sale only (Freehold not available)

Lease Terms

15 year lease commencement date 22 July 2022

EPC

EPC Rating C valid until 9 June 2032

Business Measurements

Ground floor retail area 67.9m² (730ft²)
Ground floor internal storage 23.4m² (251ft²)

Disclaimer Notice

The information shown for the business is based on a site assessment and financial documentation provided to us, A1 Businesses Ltd. by the vendor. We have been informed by the vendor that the financial information provided to us is correct and reliable at the time of marketing. We, A1 Businesses Ltd cannot accept liability as to the accuracy of this information and advise any interested parties to make their own enquires in order to satisfy themselves that all information provided, particularly financial, is satisfactory before making any commitment to purchase the business.

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.

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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.

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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.

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The data showed regarding this advert 'Price Reduced Leasehold Convenience Store & Off Licence & 2 Bed Living Premises in Sunderland - 6111 / 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.