Retail premises for sale in Off License & Convenience DH7, Esh Winning, County Durham

£595,000
Interested in this property? Call +44 113 482 9940 * or Request Details

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Retail premises for sale

Property features

  • Vital village general store
  • Business and property
  • Established over 100 years
  • Showing adjusted net profits in excess of £95,000

Property description

Freehold high turnover general store in Durham for Sale.

Location - A pleasant and friendly village in County Durham, just five miles west of Durham city, in the semi-rural Deerness Valley.
The opportunity - Owned and operated by our client for the last 40 years and having only changed hands three times in the last 100 years, this general store is a one-stop shop for everything from a can of pop to small gardening implements and electrical goods. The shop does not currently sell alcohol which would obviously be an obvious opportunity for additional revenue. Over £1 million pounds in net sales (excluding VAT) are consistently achieved year on year, with tremendous adjusted net profits in excess of £95,000 per annum.
The property - Surprisingly spacious being two units and extending over two floors. The first floor has potential for living accommodation, but the majority of the bedrooms are currently utilised as stock rooms, office and rest area. There is a kitchenette and WC on this floor. The shop makes good use of every available space and is comprehensively stocked. Banks of upright drinks chillers, frozen food chest freezers and several aisles of convenience goods, plus a greeting cards and stationery stand and a news and magazine stand. Counter with tobacco gantry and Lotto. Rear loading / delivery area and staff WC. Access to the rear of the property through security roller shutter doors and secure steel gate. As well as goods storage, there is plenty of room for a large vehicle.
Stock £45,000 to £50,000.
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For more information about this property, please contact
Ernest Wilson, LS27 on +44 113 482 9940 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ernest Wilson, and do not constitute property particulars. Please contact Ernest Wilson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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