REF 5778

FREEHOLD Convenience Store with 4 Bedroom Property

Seaham

Location

A small town shop located in Seaham, County Durham. This is a seaside town near the coast and situated 6 miles south of Sunderland and 13 miles east of Durham. Situated in a prime spot on the main road, the business has parking available at the front and side of the shop.

Business

This is a rare opportunity to purchase the freehold for a very well established convenience store and four bedroom property which has been successfully operated with the current owners family for over 30 years. This highly popular business has an excellent reputation and provides a friendly service to the local community. The business enjoys an extensive and loyal customer base attracting repeat trade from the local community.

The business has a large open plan shop floor with f&fs included within the sale price which include two 3.7m chiller fridges, three 2m chest freezers and two 3m standing chillers. Additional services include lottery & PayPoint.

This is a unique opportunity and family run business operating seven days a week with currently reduced opening hours. Sale is due to relocation.

Opportunity

The business offers excellent scope for future growth and improvement and would ideally suit an ambitious and energetic couple with a family. There is the opportunity to develop the range already on offer for this business and extend the current opening hours. Viewings are highly recommended.

Accommodation

Beautifully presented 4 bedroom property with lounge, kitchen, & W.C. on the first floor. The property has had a newly installed bathroom in addition to new carpets fitted throughout. Please contact us for more information about the accommodation.

Notice

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

£420,000

Tenure

Freehold

Gross Annual Income

£832,000

Rateable Value*

£6,500

* (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

Trading Hours
Opening hours Monday to Sunday 6:30am-8:00pm

Premises Licence
Licensed Mon to Sat 8:00am - 11:00pm
Sunday 10:00am - 10:00pm

Staff Employed
Family run business

Estimated Stock Value
£40,000

Shop Measurements
Shop trading area: 113m² (1,216ft²)
Stockroom area: 14.6m² (157ft²)

Accounts
3 years of accounts available

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