Post Office, Convenience & Off Licence w optional 3 Bedroom Property
The property is in a prime location within a residential area of Sunderland on South Tyneside. Located towards the city and in close proximity to the A19 motorway the business is nearby local amenities. Parking is available outside the shop.
This Nisa Local branded business has been trading for over 30 years and has built a strong customer base together with good passing trade. The trading area is exceptionally well merchandised having had a full re-fit in 2015. Well laid out with a wide selection of alcohol, grocery & confectionery lines this is a one stop shop for many customers. The counter area has Post Office, Lottery and a good range of cigarettes & tobacco. The shop boasts strong sales circa. £20,500 per week with additional commissions of over £15,600 yearly from the Post Office and a further £7,500 Lottery commissions per annum.
The business is currently operated by the owner with an additional 3 contracted members of staff. The current leaseholder has no ties with Nisa, therefore any new purchaser would have the option to sign up to a new scheme.
Well presented 3 bedroom accommodation is an option for this opportunity. Please contact us for more details.
Trading Area 95.6m² (1,028f²)
Stockroom Area 37m² (398f²)
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.
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.
£180,000 - £525,000
Freehold and Leasehold available
Gross Annual Income
* (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
The business is licensed to sell alcohol from 6:00am to 11:00pm
Post Office Commissions
Circa. £15,600 per annum
Commissions on Services
Lottery circa. £7,500 per annum
Currently 3 contracted staff
Monday - Sunday 6:00am - 9:00pm
Renewable lease expires May 2027