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Post Office, Convenience Store & Off Licence with 2 Bed Accommodation

Sedgefield, County Durham

Leasehold £49,950 (Ref 5719)

Financial Information

Leasehold Price
£49,950

Weekly Sales
£7,500

Business & Accommodation Rent
£16,000

Post Office Salary
£29,000

Business Council Rates
Current rateable value £10,750
(Business rates relief available please see below *)

Accounts Available
Available on Request

Annual Net Profit
Available on Request

Gross Profit Margin
20 %

* (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

Business Description

Popular Convenience Store with Post Office & Off Licence is now available in the idyllic village of Sedgefield in County Durham. 

The Post Office offers a £29,000 annual salary in addition to shop sales and has a premises licence operating between 6am-12am. In addition to standard convenience store lines the business offers a wide range of wines, beers & spirits along with DIY products, haberdashery and cards. Further sales are generated from Lottery, PayZone, parcel deliveries & E-Lighters. We are advised the business operates on a gross profit of around 20%.

The open plan trading area is refitted to a high standard with CCTV and EPOS till system included. Ancillary areas include a sizeable stockroom with rear access along with extra drinks chillers and shelving, also includes staff toilet. The shop has good accessibility with free car parking available to the front of the shop.

The shop F&Fs  include 2 x 5m chiller cabinets, a 1.4m double doors freezer and 1.8m ice cream freezer.

Current owner has run the business since 2016 and selling due to other commitments.

Further Details

Lease Terms
New lease available

Premises Licence
The premises has a licence  from 6am – 12am

Employees
1 non-contracted

Commissions on Services
Available on Request

Stock Value Estimated
£22,000

Trading Hours
Monday – Friday 6am – 8pm
Saturday – Sunday 8am – 8pm

Ground Floor
Retail Area 87.5 m² (942 ft²)
Storerooms Total 17 m² (183 ft²)

Key Features

•  Attractive Town Centre Location

•  Post Office Salary £29,000 

•  Well Fitted & Merchandised Trading Area

•  Upstairs 2 Bed Accommodation Available

 

Location

Located on the main street in the town centre of Sedgefield in County Durham. This is the only business offering Post Office counter services within the town

Location on Map

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Convenience Store & Off Licence Ref 5718