REF 5807
Convenience Store & Off Licence with Council Lease
Sunderland
Key Features
- Weekly sales avg £8,000
- Open plan 2,067ft² trading area
- 10 year council lease
- Staff run business
- No direct competition
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