REF 5792

Freehold Convenience Store & 4 Bedroom Property

Sunderland

The Business

A rare freehold sale in the city of Sunderland of a profitable business with a four bedroom accommodation. The business is operating as a typical CTN but without any newspapers & magazines. Our client has owned the business and property since 1985.

Sale due to early retirement, accounts are available upon request.

Accommodation

The accommodation has a separate entrance to 4 bedrooms, large living room, king size kitchen, shower and bathroom, large yard that can be used as a garage. Large rear stockroom, shop floor area can be extended.

Location

Located in the city of Sunderland in the North East of England and within a residential area and close to local amenities.

Opportunity

A rare freehold opportunity.

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

£185,000

Tenure

Freehold

Rateable Value*

£5,600

* (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 8am - 9pm

Premises Licence
Monday to Sunday 8am - 11pm

Commissions on Services
Lottery Commissions Avg £90-£150 wkly
PayPoint Avg £50 wkly

Stock Value Approx
Estimated £13,000

Staff Employed
1 non contracted member of staff

Internal Measurements
Shop Trading Area: 26.4m² (284ft²)
Stockroom Area: 10.37m² (111ft²)
Storage Area: 15.59m² (168ft²)

Audited Accounts
3 Years Accounts Available

Net Profit
Year End March 2020 Net £25,608

Share

Search for a Business