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Off License & Convenience, Esh Winning, County Durham

£595,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
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SECTOR

Convenience store for sale

Key features

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

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.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Ernest Wilson & Co Limited, EW Leeds

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Disclaimer - Property reference 590524. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ernest Wilson & Co Limited, EW Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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