Premier Branded Town Centre Post Office, Convenience & Off Licence Store, Bishop Auckland
Bishop Auckland, County Durham
- Status
FOR SALE
- Advert ID
654187
- Reference
6117 / Rightbiz
- Call Agent:
- Freehold: £275,000 (Stock at valuation)
- Turnover: N/A
- Profit: Not Applicable
Business Details
Premier Branded Town Centre Post Office, Convenience & Off Licence Store, Bishop Auckland
Key Features
- Weekly Sales avg 6 months £12,500 (TBC)
- Post office annual commission: £30,000 (TBC)
- High Street Location
- Freehold Opportunity
- No employees
- Lottery & PayPoint Services
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
Located in the town of Bishop Auckland, County Durham in the North East of England. Bishop Auckland is a market town and civil parish in County Durham in North East England. It is located about 12 miles northwest of Darlington, 12 miles southwest of Durham.
Business Opportunity
This is a rare opportunity to acquire a thriving, Premier branded convenience store and Post Office. The combination of the recognisable Premier brand, a premium High Street location, and a guaranteed Post Office income stream ensures profitability. Because the business is being sold with no employees, a new owner can immediately optimise operational costs, maximise profit margins, and implement fresh growth strategies from day one.
Located on the main street central within the town, this well established business is situated on alongside many other businesses and close to local amenities. This has been established as a newsagent for over 40 years of which our client has owned the business and property since 2021.
There are a full 3 years of audited accounts available upon request following a viewing.
Business Premises
Ground floor premises incorporates shop trading area with ancillary areas incorporating internal storage and W.C. to the rear.
Living Premises
This is a very well finished and modernised property. There is access to the accommodation (to the rear of the shop off Tenters Street) leading to the first floor incorporating kitchen/living area and bath/shower room. Stairs lead to the second floor containing two double bedrooms with an additional stairway access to the loft area to the third double room.
Rateable Value: £5,600
The rateable value is used to calculate your rates bill so this is not the amount you will pay
Fixtures & Fittings
3.75m Arneg and 2.5m Arneg (TBC)
Employees
No employees
Trading Hours
Sunday to Thursday 7:00am to 11:00pm
Friday to Saturday 7:00pm to 12:30am
Premises Licence Hours
Sunday to Thursday 7:00am to 11:00pm (TBC)
Friday to Saturday 7:00am to 12:30am (TBC)
Additional Services
Lottery
Property Type
A1/A2 Retail and Financial/Professional Services
EPC Rating
TBC
Tenure
FREEHOLD only
Business Measurements
Ground floor retail zone 30.7m²
Ground floor Internal storage 8.9m²
Ground floor Total 39.6m²
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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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.'.
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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.
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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
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