REF 5790

Popular Convenience Off Licence

Sunderland

The Location

The business is in Silksworth, a suburb of the City of Sunderland, Tyne and Wear and 3 miles south of the city centre and on a busy main route passing on the east side of Doxford Park. It is located in a residential area with a pharmacy next door, a bus stop in front of shop and the village surgery nearby.

The Business

This is a very well established Convenience Store & Off Licence which benefits from local and passing trade. The shop has a steady and reliable income from shop sales with additional income from lottery and Paypoint commissions. The business is currently staff run and could be developed further with a hands on owner running the business.

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

£80,000

Tenure

Leasehold

Gross Annual Income

£455,000

Annual Rent

£8,100

Rateable Value*

£3,100

* (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
Monday to Sunday 6:00am - 9:00pm

Premises Licence
Licensed to sell alcohol Monday to Sunday 8:00am - 11:00pm

Commissions on Services
Lottery/Paypoint circa. £500 monthly

Staff Employed
4 members of staff are non contracted

Stock Value
Approx. £25,000

Lease Terms
Expiry date 30/7/2034

Measurements
Shop Trading Area: 65.6m² (706ft²)
Stockroom Area: 21m² (226ft²)

Total: 86.6m² (932ft²)

Share

Search for a Business