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3 Bedroom Property with Convenience Store, Off Licence & Post Office

Berwick-upon-Tweed, Northumberland

FREEHOLD £445,000 (Ref 5727)

Description

A1 Businesses is delighted to introduce to the market the Freehold property sale of this extremely profitable Premier branded Convenience Store, Off Licence & Post Office with luxury 3 bedroom upstairs flat accommodated above the business. 

Business

A very well established business in a prime central location within Berwick-upon-Tweed serving a large regular customer base with good passing trade on the corner of a main road. The shop currently generates a steady £18,000 per week and has no competition nearby.  Additional revenue is generated on commissions from services. We have been advised that the net profit is in excess of £100,000 per year. The location benefits from free parking directly at the front of the shop.

The business offers additional services including Post Office, National Lottery, Pay Point, parcel collection and an internal cash machine. The shop is refitted to a high standard and has Premier branding. Fixtures & fittings include high standard shelving units, 2 x 2.5m large drinks chillers, 1 x 1.2m standing freezer, deli counter with chiller, EPOS till system and CCTV. The business is currently run by the owner with an additional 4 employees.

Located in Berwick-upon-Tweed, a small market town in Northumberland near the coastline with beautiful  surroundings. This is a very attractive opportunity for a couple or family looking to relocate and run a profitable high-turnover business. 

Property

The property comprises of the ground floor shop trading area with access to two external stockrooms to the rear. The upstairs accommodation has internal and external access. The main stairway leads up to the first floor consisting of the living room, kitchen bathroom and 3 bedrooms. The property has a modern high standard interior and comes with fully fitted central heating, double glazing and carpeted floors throughout.

Shop Dimensions

Trading Area 52 m² (559.5 f²)
Stockroom Area 20 m² (215.2 f²) with rear access

Accommodation Dimensions

Available on Request

Financial Information

Freehold Price
£445,000

Weekly Sales
£18,000 excluding services 

Business Rates
Rateable value £7,900

Post Office
£6,000 annual net salary

Stock Value Estimated
£50,000 approximately 

Accounts Available
5 Years

Annual Net Profit
£100,000 approximately

Gross Profit Margin
28 %

Further Details

Alcohol Licence
The business has a premises licence

Energy Performance Certificate
Rating A – further details available on request

Employees
4 non contracted and 4 contracted employees

Total Hours of Employees
90 hours

Commissions on Services (Annual)
Lottery £10,000
Cash Machine £600
Parcel Collection £5,000

Fixtures & Fittings
A full inventory will be available prior to exchange of contracts

Trading Hours
Monday – Friday 5:30 am – 9:00 pm
Saturday 5:30am – 9:00pm
Sunday 5:30am – 9:00pm

Key Features
  • Established since 1958
  • Weekly turnover £18,000
  • Post Office Salary £6,000
  • 5 years accounts available
  • Luxury 3 bedroom apartment
  • Car parking outside shop
  • CCTV & Electric Shutters
  • Location

    Located in Berwick-upon-Tweed, a small market town in Northumberland near the coastline with beautiful  surroundings. This is a very attractive opportunity for a couple or family looking to relocate and run a profitable high-turnover business.

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    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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    Business Sales Ref 5727