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UNDER OFFER - Convenience Store & Off Licence with 2 Bedroom Property

Darlington, County Durham

£350,000 Freehold
(REF: 5712)

Financial Information

Freehold Price
£350,000

Weekly Sales Turnover
£ High Sales Turnover 

Business Council Rates
Zero Rateable

Fixtures & Fittings Estimated Value
Available on Request

Accounts
3 Year Trading Accounts Available

Annual Net Profit
Available on Request

Gross Profit Margin
22%

Business Description

Lifestyle Express convenience & off licence shop with an upstairs 2 bedroom property in a popular location on a busy main road on the outskirts of the city of Darlington. This opportunity comprises a long established business which has traded from this site for over 50 years. With a modern refit and open plan shop floor area the owner advises a very profitable business with well established customer base and good commissions.

Alongside the large shop floor and stock area it also comprises a rear garage and rear electric shutter access. The shop benefits from a fully serviced external cash machine and car parking spaces to the front and side of the shop. There is scope to extend the opening hours till 11pm and further potential to increase the trading area through extending the shop floor. The business is currently owner run with 5 staff members.

The upstairs property is accessible from the front entrance of the shop leading through the hallway to the upstairs landing with the bathroom on the left and bedroom straight ahead. The hallway turns left and leads to the lounge on the right, finally branching off to the 2nd bedroom and kitchen.  All rooms are spacious and very well presented with modern decor throughout. 

Viewing is strongly recommended to fully appreciate this opportunity. The owner has a genuine reason for sale after 12 years trading. 

Further Details

Premises Licence
The premises has a licence to sell alcohol 

Employees
4 part time & 1 full time staff

Employee Information
Available on Request

Commissions on Services
Lottery £1,100 per month
PayPoint £240 per month

Stock Value Estimated
Available on Request

Trading Hours
Monday – Saturday 6:30 – 9:30 pm
Sunday 7:00 – 9:30 pm

Ground Floor
Retail Area 85 m² (915 ft²)
Storerooms Total 87 m² (938 ft²) with rear access

Key Features

•  Profitable High Turnover Business

•  Well Presented 2 Bedroom Property

•  Well Re-fitted Trading Area

•  Large Stockroom Areas 938 ft² 

•  Excellent Location Near City

Accommodation

Upstairs Flat
Bedroom 1  (215 ft²)
Bedroom 2 (100 ft²)
Lounge  (210 ft²)
Kitchen (172 ft²)
Bathroom  (118 ft²)

Location

Located on a very busy main road on the outskirts of the city of Darlington within a popular residential area and situated 3/4 mile from the city centre.

Location on Map

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Arrange a viewing or contact us for more information

Please call us on 01904 867175 for more information on this or any other business or alternatively fill in our enquiry form below.

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Convenience Store & 2 Bed Property Ref 5712