Well Established Convenience Store & Off Licence in Belmont
Durham, County Durham
- Status
FOR SALE
- Advert ID
659947
- Reference
6125 / Rightbiz
- Call Agent:
- Leasehold: £125,000 (Stock at valuation)
- Rent: £14,500 (£1,208 per month)
- Turnover: £442,000 (£8,500 per week)
- Profit: On request
Business Details
Well Established Convenience Store & Off Licence in Belmont
Key Features
- Weekly sales £8,500 (TBC)
- Annual rental £14,500 plus VAT
- Shopping centre location
- Well established business
- Lottery & PayPoint
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 business is situated within a local shopping centre at Chevely Park within the residential area of Belmont, just east of Durham city centre and the A1. This is an excellent business location with good local amenities and transport links available. The business is situated just off Broomside Lane and is a few hundred metres from High Street and within half a mile of three different schools, resulting in a high volume of footfall and passing trade.
Business Premises
Ground floor premises incorporates ground floor retail zone, internal storage and toilet.
Shop Measurements
Total: 79.55m²
Fixtures & Fittings
TBC
Employees
Owner run. TUPE rules do not apply.
EPC Rating
Rating D valid until 24 February 2036
Trading Hours
Monday to Friday 7:00am – 9:00pm
Saturday 7:00am – 9:00pm
Sunday 8:30am – 9:00pm
Premises Licence Hours
Monday to Sunday 8:00am – 11:00pm
Annual Rent: £14,500 plus VAT
Rateable Value: £11,000
The rateable value is used to calculate your rates bill so this is not the amount you will pay
Additional Services
TBC
Property Type
A1/A2 Retail and Financial/Professional Services
Tenure
Leasehold
Lease Terms
TBC
Property Type
A1/A2 Retail and Financial/Professional Services
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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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
