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Convenience Store Lease In Sunderland For Sale

Sunderland, Tyne and Wear
Asking Price:
£100,000 Furniture / Fixtures included
Turnover:
£500K - £1M
Net Profit:
Available on request

Sales circa £12,000 weekly.
Additional income from commissions.
Run partly under management.
Long established and reputable business.
High levels of passing and captive trade.
ASKING PRICE £100,000 plus stock.

Property information

Property:

Leasehold

Lease Terms:

Held by way of an 18 year lease from March 2016 at a passing rent of £8,000 per annum with a 3 yearly rent review pattern.

Leasehold Rent:

£8,000 per annum

Location:

The businesses are located within Silksworth and a serve busy residential area with high levels of captive trade. Silksworth offers a mixture of commercial, retail and leisure accommodation and is situated to the south west of Sunderland City centre.

Premises Details:

Sales Shop circa 710 sq.ft.
Rear Shop circa 200 sq.ft.plus W.C.

Size in square feet:
910
Energy Performance Rating:
G

Business Operation

Reasons for selling:

Retirement sale.

Trading hours:

Monday to Sunday 6.00am – 9.00pm

Years established:
20 years

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