| (REF: 2447) Busy Newsagents and Convenience Store In Durham |
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| Seller Reference: |
2447 |
| B4S Reference: |
26101 |
| Asking Price: |
£310,000
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| Net Profit: |
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| Sales Revenue: |
£130,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Croxdale, Durham, United Kingdom |
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Preferred Commercial is pleased to offer for sale this busy newsagents and general convenience store, which has been in our clients' careful hands since 2002 and which is only now being placed on the market due to our clients' wish to retire. The business generates a turnover in the region of £130,000 per annum with a gross profit of 20%, derived from offering newspapers and magazines, general convenience lines and groceries. The business currently trades 7-day per week at a pace to suit our clients and has developed an excellent reputation and a loyal customer base. The business occupies 2-storey property, with large ground floor shop area, which is well-equipped to suit trade with various displays and has 2-bedroom living accommodation above, which is well maintained throughout. The business is in an excellent trading position and benefits from much passing traffic. We feel that turnover could be increased by applying for an alcohol licence and by extending the opening hours and the product lines offered. The new owner could also, if desired, introduce Lottery sales. This is an ideal opportunity to acquire a popular business, which is in a walk-in-and-trade condition, with scope to develop further. Early negotiations with Preferred Commercial come highly recommended.
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Property: |
Freehold |
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Lease Terms: |
Advised freehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
2-storey property with ground floor retail area, offering 2-bedroom living accommodation. Briefly comprising:
Ground Floor
• Large sales area with newspapers and magazine displays, sales counter with cigarette gantry, drinks chiller, ATM and PayPoint facilities
• Rear sales area with grocery displays
• Small stockroom, which leads to a further large stockroom
First Floor
• Large lounge
• Kitchen with a range of fitted units with door leading to sun terrace
• Large double bedroom with wardrobes
• Large single bedroom
• Bathroom with shower and bath, wash basin and WC
External
• Paved frontage
• Ample parking to the side
• Rear parking for 1 vehicle |
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Location: |
Croxdale Corner Shop is ideally located on a busy main road, situated in the village of Croxdale, County Durham. The business enjoys a monopoly trading position, with no local competition. The shop benefits from ample parking, nearby bus stops and boasts stunning views of the surrounding countryside. There are a variety of businesses and amenities in the vicinity and the shop provides easy access to the A-road network. Croxdale lies approximately 3 miles south of Durham city centre, which is well known for its Norman Cathedral and 11th-century castle, and is home to Durham University. The business lies approximately 5 miles away from Junction 61 of the A1(M) motorway. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Mon: - Sat: 6.30am - 12.30pm and 14.00pm - 18.00pm
Sun: 6.30am - 12.00pm
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