REF 5793

Coastal Convenience & Off Licence with 2 Bedroom Property

Sunderland

The Location

Situated within a residential zone and opposite a very respectable pub, this store is located in Roker, a tourist resort and affluent area of Sunderland, North East England, bounded on the south by the River Wear and Monkwearmouth, on the east by the North Sea, to the west by Fulwell and on the north by Seaburn.

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

£70,000

Tenure

Leasehold

Gross Annual Income

£442,000

Annual Rent

£12,000

Rateable Value*

£5,500

* (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
Monday to Saturday 6:00am - 9:00pm
Sunday 7:00am - 8:00pm

Premises Licence
Licensed to sell alcohol
Monday to Sunday 6:00am - 10:00pm

Commission on Services
Lottery/Paypoint circa. £400 monthly

Staff Employed
1 full time, 2 part time members of staff

Stock Value
Approx. £25,000

Lease Terms
No existing lease
New lease is available

Measurements
Shop Trading Area: 85.6m² (921ft²)
Stockroom Area: 29.6m² (318ft²)
Kitchen 6.5m² (70ft²)

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