Convenience store with post office for sale in Durham County Durham
Durham, County Durham
- Status
FOR SALE
- Advert ID
648445
- Leasehold: £100,000 (Stock at valuation)
- Rent: £12,000 (£1,000 per month)
- Turnover: £340,000 (£6,538 per week)
- Profit: On request
Key Features
- On-site accommodation available
- Alcohol licence included
- Business and personal banking services
- CCTV security system
Business Details
Convenience store with post office for sale
This charming village shop and post office has been successfully operated by the current owner for the last 20 years. With a committed ownership, the business is well-established, but there is now scope for extended hours and expanded operations, primarily due to health concerns that have prompted the owner to consider selling.
Nestled in a thriving area, the shop benefits from high foot traffic, ensuring a steady stream of customers. It offers a diverse selection of products, including groceries and off-licence items, making it a convenient stop for local residents. There is significant potential to increase revenue by broadening the product lines or introducing additional services that cater to community needs.
Business Features and Opportunities
The retail space boasts a prominent storefront that enhances visibility and attracts passersby. Above the shop, there is the opportunity for residential accommodation, which could add significant value to the property. Additionally, the business comes with an alcohol licence, enabling it to serve a wider range of products.
Included in the sale are essential fixtures and fittings, making it easier for the new owners to take over seamlessly. The current owner is open to offering training to ensure a smooth transition, sharing valuable insights gained from two decades of operation. Furthermore, the shop is equipped with a CCTV security system, providing peace of mind for both owners and customers.
Community Connection
Located in a picturesque village, this shop and post office have built a strong reputation and cultivated a loyal customer base over the years. In addition to its retail offerings, the business also provides essential banking services, further embedding it within the community fabric. Its well-established presence and customer loyalty signify a trusted local resource that any new owner can build upon.
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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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