REF 5760

Convenience & Off Licence with 5 Bed Property Sales £16,000 Wkly

Stanley

Location

The property is situated on a high street location within a residential area in the town of Stanley in County Durham. Just off the main road and on the main bus line, there is parking outside the store and close to local amenities e.g. cafés, pubs, a community centre and parks.

Business

The business has been established since 1982 and has developed a regular customer base and good passing trade. The majority of sales consists of alcohol and drinks with a good 18-20% GP. Sales of £16,000 a week are average and excludes services e.g. lottery & pay point and E-cigarettes. The site operates a manual till system and has one member of staff who has worked in the business for 16 years.

F&F's are inclusive with the purchase and these are two 3m chest freezer, a 5m open chiller, an ice cream freezer, a red bull chiller and a 4m open drinks chiller along with modern shelving system and fully fitted to a high standard under the Best One branding.

Opportunity

This is a rare freehold opportunity with the current owner retiring after maintaining a successful business for more than 38 years. They work full time in the business, together with a contingent of staff. The new owner will have the opportunity to run a profitable business or further develop it by introducing further lines such as fresh foods.

There is an alcohol licence however the store currently closes no later than 9pm and a new owner may wish to open for longer hours.

Accommodation Details

The freehold purchase option is to include this exceptionally well presented 5 bedroom house above the business. The property belongs to the family and has never been rented therefore preserved to a high standard.

Inclusive with the freehold purchase are a 5 bedroom accommodation on 2 levels with kitchen, 2 bathrooms & WC and office garden; sun terrace, garage and garden.

Please contact us for more details on the property.

Shop Dimensions

Trading Area 132.38m² (1,425f²)
Stockroom Area 58.24m² (627f²)

Accommodation Dimensions

Please contact us for further details

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.

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.

Price

£425,000

Tenure

Freehold

Gross Annual Income

£832,000

Rateable Value*

£9,500

* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) click here for more information

Commission on Services
Lottery & Paypoint Commissions

Staff Employed
1 non-contracted member of staff

Stock Value
£25,000 approximately

Trading Hours
Monday - Sunday 6:00am - 9:00pm

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