HIGH TURNOVER BRANDED CONVENIENCE STORE IN DURHAM

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£120,000

For Leasehold


  • Reference: NEY 8
  • Type: Convenience Store
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Description

HIGH TURNOVER BRANDED CONVENIENCE STORE IN ABSOLUTE MONOPOLY

LOCATION IN DURHAM

BUSINESS BEEN IN SAME OWNERSHIP FOR 20 YEARS 

SHOP LOCATED ON BUSY ROAD WITH FREE CUSTOMER CAR PARKING 

SHOP IN ABSOLUTE MONOPOLY LOCATION WITH NO OTHER CONVENIENCE STORE NEARBY

VERY RARE OPPORTUNITY 

GROUND FLOOR SHOP SIZE APPROX 1500 SQ FT WITH SALES AREA, TWO STORE ROOMS, WC AND LARGE REAR YARD 

POTENTIAL TO EXTEND STORE SIZE TO CREATE 2000 + SALES AREA.

ADVISED TURNOVER £12,000 - £14,000 PER WEEK

40% GROSS PROFIT MARGIN

TOBACCO SALES - £3000 PER WEEK 

LOTTERY SALES - £1800 PER WEEK 

PAYPOINT SALES £1200 PER WEEK

COUNTER POST OFFICE SALARY £18,000 PA

 

OPENING HOURS - MONDAY - SATURDAY 6.30AM - 8.30PM, SUNDAY 7.00AM - 1.00PM & 4.00PM - 8.00PM

STAFF - OWNERS + 2 PART TIME 

3 BEDROOM LIVING ACCOMMODATION INCLUDED 

RENT £20,000 PA, NEW LEASE AVAILABLE

GUIDE PRICE £120,000 LEASEHOLD + STOCK AT VALUATION 

 

AN EPC REPORT WILL BE AVAILABLE FOR INSPECTION IN DUE COURSE

 

 

PLEASE NOTE THIS IS A HIGHLY CONFIDENTIAL SALE AND NO DIRECT APPROACH MUST BE MADE TO OWNERS OR STAFF, STAFF UNAWARE OF SALE.FOR FULL DETAILS AND VIEWING APPOINTMENTS PLEASE CONTACT SOLE SELLING AGENTS NEY COMMERCIAL ON TEL - 01642 762710 - MOBILE - 07850069203 OR EMAIL admin@neycommercial.co.uk QUOTE REF NEY 8  www.neycommercial.co.uk