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Convenience Store & Off Licence with 3 Bed Property

Sunderland, Tyne & Wear

£179,950 Freehold
(REF: 5691)

Financial Information

Freehold Price
£179,950

Weekly Sales
£6,500

Annual Sales
£338,000

Council Rates
£90 per month

Fixtures & Fittings Estimated Value
Available on Request

Annual Net Profit
£28,590

Gross Profit Margin
19%

Accounts Available
3 Years

Business Description

We are pleased to offer this well presented 3 bedroom accomodation on 3 levels with convenience store business attached. The shop has a Lifestyle Express refit with no tie to the symbol group. The living space comprises of a master bedroom, lounge, kitchen and bathroom on the first floor. A further 2 bedrooms are situated on the floor above. Ground level comprises of a 600 sq/ft shop floor, stockroom area and large garage attached. There is potential to increase sales through new owner dedicating time to the business and option to increase trading area by expanding into stockroom.  Further pictures of the property are available on request. Reason for sale is owner currently running another business and not enough time for both. 

Further Details

Premises Licence
The premises has a licence to sell alcohol

Employees
Available on Request

Employee Information
Available on Request

Lottery Commissions
Approx £500 per month

Stock Value Estimated
Approx £25,000

Trading Hours
Monday – Sunday 9:00am – 9:00 pm

Ground Floor
Retail Area m² (600 ft²)
Storeroom m² (ft²) with large garage attached

Upper Floor
Available on Request
Available on Request

Key Features

•  3 bedroom accommodation above the shop

•  Sizeable stockroom area with large garage attached

•  3.75 m chiller cabinet

•  Lifestyle Express refit

•  Lottery & Paypoint

•  Cash Machine

Location

Situated in Sunderland, North East England. The shop is on a busy high street close to local amenities .

Location on Map

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Convenience Off Licence & 5 Bed Flat 5691