REF 5818

Convenience & Off Licence Store

Sunderland

Location

Situated on the busy A690 running through a residential area of Sunderland, this business benefits immensely from its close proximity to Sunderland college and children's centre. This ensures high levels of regular footfall and passing trade alongside the huge levels of exposure it receives from its prime location. Due to the residential area you also have a great opportunity to appeal to a multitude of different markets and consumers with the potential of increasing levels of repeat loyal customers.

Business

This well established business is fully equipped for the sale of convenience goods, frozen and chilled products, a full range of off licence goods, cigarettes, confectionery and cards. F&Fs include a 2m chest freezer, 1m ice cream freezer, 3.5m open chiller, 2.5m open chiller, 1m coca cola fridge and a 1.5m standing freezer.

Currently, this is an owner and staff run business which gives you multiple opportunities in regards to the direction you can take this. Whether this be through creating a staff run business to focus on other avenues or by taking a more hands on approach to reduce staff costs, the potential is evident.

Outside the premises, you will also find an ideal parking area making it an easy and effective process for passing commuters to use your services, further encouraging more customers and trade.

On-Site Services

Lottery and Paypoint
Collect Plus and Amazon

Trading Information

Two years of accounts available following viewing

Staff Employed

3 staff on 20 hours each
No employees are required to be transferred under TUPE regulations

Trading Hours

Monday – Friday 7:30am – 9pm
Saturday – Sunday 8:00am – 9pm

Premises Licence

Monday to Sunday 8:00am-11:00pm

Lease Terms

Under 7 years the land registry. 5 years remaining

Property Type

A1 Retail

Tenure

Leashold

Business Measurements

Ground Floor
Retail zone 73.4m² (790ft²)
Internal storage 28.8m² (310ft²)

Total 102.2m² (1,100ft²)

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 Business Rent
£12,000

Commissions on Services
Annual Lottery Commissions circa. £1,200
Collect Plus and Amazon circa. £600

Gross Annual Income
£286,000

Rateable Value
£7,400

* (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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