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Convenience Store, Off Licence & 3 Bed Accommodation

Darlington, County Durham

£39,950 Leasehold (Ref 5726)

Business Description

Well presented and profitable convenience & off licence business with a spacious newly refurbished 3 bedroom house on a busy road in Darlington .

The property comprises of ground floor shop trading area with living room, dining room and bathroom to the rear leading to large garage and yard outside.  Stairs lead up to a nicely refitted 3 bedroom flat on the first floor. The total rent for the business & accommodation is £12k per year. Sales are mainly generated from off licence, grocery, drinks & confectionery. E-liquids and tobacco sales at around 30% of overall sales. Commissions on services include lottery of £300 per month. There is opportunity to increase sales through extending the opening hours as the business is licensed until 11:30pm. 

Living area of 51.5 m² (554 ft²) is newly refitted with full equipped kitchen, bathroom, lining room and back office. The new owner could use this space to extend the shop floor or the stockroom.

Fixtures & Fittings included are 2 x 2.5 m chiller, 1m chest freezer & 2 x 1 m drinks chiller.

The business is currently owner run with 1 non contracted employee. There is a genuine reason for sale as the owner has other commitments.

Financial Information

Leasehold Price

Weekly Sales

Annual Business Rent

Business Council Rates
Current Rateable Value £3,100
(Business rates relief available please see below *)

Fixtures & Fittings Value

Accounts Available

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

Further Details

Current Lease Terms
Extendable with 3 and 1/2 years remaining 

Premises Licence
The premises has a licence to sell alcohol

1 non-contracted staff

Commissions on Services
Available on Request

Stock Value Estimated

Trading Hours
Monday – Saturday 7am – 10pm
Sunday 8am – 10pm

Shop Dimensions
Retail Area 32.5 m² (350 ft²)
Storerooms Total 10.5m² (113 ft²) available areas on shop floor level

Accommodation Dimensions
Available on Request

Key Features

• Profitable business with accommodation

• Licensed till 11:30pm

•  Well Re-fitted trading area

• Extendable lease

• Cash machine & cafe machine inside

• Sales reports available from EPOS till

• Private landlord

The business is located in Darlington, County Durham on a busy T junction with good public transport links and school nearby.
Location on Map

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Convenience Store & Off Licence Ref 5726