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Convenience Store & Off Licence with Accommodation

Sunderland, Tyne & Wear

£25,000 Leasehold (Ref 5699)

Financial Information

Leasehold Price
£25,000

Freehold Price
£189,000

Weekly Sales
£7,000

Annual Sales
£364,000

Business Annual Rent
£9,600

Accommodation Annual Rent
£4,800

Council Rates
Zero Rateable

Fixtures & Fittings Estimated Value
£15,000

Annual Net Profit
£40,651

Gross Profit Margin
25%

Accounts Available
3 Years

Business Description

A well situated Convenience Store &  Off Licence with 2 bedroom flat located in a populated housing area in Sunderland. Sales driven mainly by alcohol sales the shop has a sizeable shop floor fitted to a good standard including two large chiller units and drinks cabinet.  Alongside the core range of grocery & off licence the store also provides lottery & paypoint. The property upstairs has 2 generous sized bedrooms approx 180 sq/ft with similar sized lounge, kitchen and bathroom.

Further Details

Premises Licence
The premises has a licence to sell alcohol

Employees
1 Full time 1 Part time

Employee Information
Staff are non contracted

Commissions on Services
Approx £50 weekly

Stock Value Estimated
Approx £20,000

Trading Hours
Monday – Saturday 11:00am – 10:00 pm
Sunday 12:00am – 10:00 pm

Ground Floor
Retail Area 64 m² (682 ft²)
Storeroom: 2 x 30 m² (319 ft²) with rear access

Upper Floor
Available on Request

Business Ownership
With current owner since 2009

Business Established
Established more than 30 years

Key Features

•  2 bedroom flat with kitchen & lounge

•  Business well established

•  Large stockroom area

•  Lottery & Paypoint, Cash machine

•  EPOS till system & CCTV

•  Premises licensed from 8am-11pm

Location

Situated in Sunderland in Tyne & Wear, North East England. The shop is in a populated housing area. 

Location on Map

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Convenience Off Licence & 2 Bed Flat 5699