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Weekly Sale Circa. £20,500
Post Office Income Annual £15,600
Lottery Commissions £7,500 per annum
Full refit 2015
No ties with Nisa Local
Optional 3 Bedroom Property
Post Office, Convenience & Off Licence High Sales £20,500
The property is in a prime location within a residential area of Sunderland on South Tyneside. Located towards the city and in close proximity to the A19 motorway the business is nearby local amenities. Parking is available outside the shop.
This Nisa Local branded business has been trading for over 30 years and has built a strong customer base together with good passing trade. The trading area is exceptionally well merchandised having had a full re-fit in 2015. Well laid out with a wide selection of alcohol, grocery & confectionery lines this is a one stop shop for many customers. The counter area has Post Office, Lottery and a good range of cigarettes & tobacco. The shop boasts strong sales circa. £19,500 per week with additional commissions of over £1,000 monthly from the Post Office and a further £7,500 Lottery commissions per annum.
The business is currently operated by the owner with an additional 3 contracted members of staff. The current leaseholder has no ties with Nisa, therefore any new purchaser would have the option to sign up to a new scheme.
Shop Dimensions Trading Area 95.6m² (1,028f²) Stockroom Area 37m² (398f²)
Key Features Average weekly T/O £19,500 Post Office Income £1,000 per month Lottery £7,500 per annum Full refit 2015 No ties with Nisa Genuine reason for sale
Gross Annual Income: £1,014,000
Annual Rent: £17,000
Rateable Value* £5,600 * (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
Premises Licence The business is licensed to sell alcohol from 6:00am to 11:00pm
Post Office Commissions Circa. £12,000 per annum
Commissions on Services Lottery circa. £7,500 per annum
Staff Employed Currently 3 contracted staff
Stock Value Approx. £35,000-£40,000
Trading Hours Monday - Sunday 6:00am - 9:00pm
Lease Terms Current lease expires in 2038
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Viewings Any viewings for the business and/or property are to be made strictly by appointment only through A1 BUSINESSES FOR SALE. No approach should be made directly to the owner or any of their employees.
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact A1 BUSINESSES FOR SALE, YO10 on +44 1904 918748 * (local rate)
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