REF 5807

Convenience Store & Off Licence with Council Lease

Sunderland

Location

The store is situated in a housing area to the north of Sunderland, Tyne and Wear, North East England, specifically 1 mile north of the river Wear and 2.5 miles west of Roker beach. The business is in between the local suburbs of Witherwack and High Southwick.

The Business

A convenience & off licence store.

Fixtures & Fittings

Closed door multideck display fridge – sizes 7m and 2m
Open door multideck display fridge – sizes 3.7m
RDB Retail Epos till system – 2 standalone units

Trading Hours

Monday To Saturday 8:00am – 8:00pm
Sunday 8:00am – 6:00pm

Premises Licence

Monday To Sunday 8:00am – 11:00pm

Staff Employed

Staff run including 4 full and part time.

Retail Services

WH Smiths News, Camelot National Lottery, Collect Plus and Paypoint services.

Utilities

Electric, water, broadband and telephone line services.

Lease Terms

10 years lease commencement date 24 October 2020
5 year rent review

Measurements

Ground Floor
Retail Area 192.1m² (2,067ft²)
Storage Area 81.9m² (881ft²) inc. storage, office and W.C.

Total 274m² (2,949ft²)

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.

Annual Rent
£12,000

Stock Value
Approx £15,000

Commissions on Services
Lottery commissions £4,800/yr

Gross Annual Income
£416,000

Rateable Value
£8,300

* (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

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