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Convenience & Off Licence with Accommodation

Darlington, County Durham

FREEHOLD £115,000 (Ref 5744)

Description

We offer this well located freehold convenience & off licence business for sale within an attractive residential area of Darlington. The business and attached 3 bedroom property is being offered at an initially attractive market price with a good development opportunity for any potential buyer.

Business

The business is located on a busy through road with parking to the side of the shop. Trading since 2003 in the hands of the current owner and comes with ground floor trading and upstairs accommodation. The property is in good condition and has recently had a £6,000 replacement roof. There is an external stockroom and  car port area to the rear.

The shop currently closes between 1-3pm everyday due to the owner operating the business without staff. Extending these opening hours and spending more time on the business could significantly increase the sales and help develop the business. 

The shop is refitted to a good standard with 2 x 1 m drinks chillers and electric shutters . The business is owner run and the reason for sale is retirement.

Accommodation

The property comprises of lounge & kitchen to the rear with stairs leading to the 3 bedrooms and bathroom situated upstairs. Offering the opportunity for a family to live in the property or to take a rental income.

Please contact us for further information on the accommodation.

Shop Dimensions

Trading Area 31.6 m² (340.1 f²)
Stockroom Area 9.6 m² (103.3 f²)

Accommodation Dimensions

Lounge 9.9 m² ( 106.5f²)
Kitchen 7.3 m² (78.5 f²)
Bathroom 3.3 m² (35.5 f²)
1st Bedroom 8.6 m² (92.6 f²)
2nd Bedroom 6.7 m² (72.1 f²)
3rd Bedroom 8.3 m² ( 89.3f²)

Financial Information

Freehold Price (Business & Property)
£115,000

Leasehold Price
Not applicable

Weekly Sales
£4,000

Accommodation Rental Income
Not applicable

Business Rates
Current rateable value £3,300
(Business rates relief available please see below *)

Fixtures & Fittings Approximate Value
£5,000

Accounts Available
3 years

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

Premises Licence
The premises has a licence to sell alcohol 

Employees
Owner run business

Commissions on Services
Available on Request

Stock Value Estimated
£10,000

Trading Hours
Monday – Saturday 7:30am -8:00pm (Closed 1:00-3:00pm)
Sunday 8:00 am – 8:00 pm (Closed 1:00-3:00pm)

Key Features

• Freehold business with accommodation

• Good location in Darlington

• Opportunity to increase sales

Location

The property is located in Darlington, County Durham. The business is within a residential area and close to local amenities. 

Google Map Location

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Sales £10,000 PW

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Takeaway & 5 Bed Property

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Gross profit 45-50%

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Profitable Convenience Store

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Sales £16,000 PW

Annual Rent £14,000

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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.

Business Enquiry Form

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Business Sales Ref 5744