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C Store And Off Licence In Cramlington For Sale

Cramlington, Northumberland, UK
Asking Price:
£150,000 Furniture / Fixtures included
Turnover:
£350,000
Net Profit:
Available on request

• Main road location within pleasant residential area.
• Sales shop extends to circa 300 sq.ft. (28 sq.m.)
• Turnover circa £350,000 per annum.
• Commissions from Lotto, Paypoint and ATM.
• Pleasant 1 bed accommodation above.
• Freehold offers over £150,000 plus stock at valuation.

Property Information

Property:

Freehold

Living Accommodation:

Lounge
Kitchen
Bathroom fully fitted with bath and shower
Bedroom double
External
Designated Parking for one car.

Location:

The property is located within a busy secondary shopping area which serves this suburb approximately 2 miles to the south east of the main town centre. The immediate area comprises a mixture of retail and leisure accommodation together with densely populated residential housing. There are good levels of both captive and passing trade and the shop has the benefit of pull in parking to the front and with bus stops and a large hospital nearby.

Premises Details:

parking to the front and with bus stops and a large hospital nearby.

Business

This opportunity comprises a long established business which has been in the clients’ ownership for almost 20 years but is being placed on the market as they wish to retire. The premises offer a compact and easily managed retail area plus additional storage space and is fully fitted and equipped for the trade with little for any new owner to attend to on takeover. There are high levels of captive trade from the local residents and the workers from the commercial properties nearby but the main road also generates a certain level of passing trade, particularly as there is free on street parking outside. The shop has a Paypoint and Lotto outlet, all of which generate commissions and pull additional customers into the shop.

To the upper floors there is a very pleasant 1 bed flat which could be suitable for either owner occupation or could be left with the rental income should a new owner wish. Viewing is recommended to appreciate this rare opportunity and the available residential accommodation.

Property

Comprises a mid-terraced three storey property with ground floor retail shop and a separate residential dwelling above.

Ground Floor
Retail Area 28 m² (300 ft²) with scope to increase.
Stores
W.C.

Energy Performance Rating:
C

Business Operation

Reasons for selling:

Retirement sale.

Trading hours:

Trading Hours (licensed till 11pm)

Monday – Saturday 6.00 am – 8.00 pm
Sunday 6.00 am – 1.00 pm

Employees:
The business is currently run by our client with the help of part time members of staff but ideal for owner operation.
Years established:
Over 20 years.

Contact North East Commercial

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