Location:
This property and business has a prominent frontage onto Leechmere Road (B1405) which is an extremely busy arterial road running round the southern edge of Sunderland from Grangetown up towards Grindon.
The immediate area comprises a mixture of residential, commercial and industrial accommodation and there is also an ASDA supermarket nearby.
Business:
This is an extremely long-established business which has been in the same family ownership for over 25 years but has been placed on the market as they wish to retire. The business opportunity comprises a convenience store and off licence together with a hot food unit adjacent which is currently fitted for fish and chip use.
The convenience store enjoys excellent levels of core business from the local residential occupiers and the busy main road site with free pull in parking allows easy access for the regular passing trade. Trading hours for the shop are relatively short and allow scope for new owners to trade longer and develop the sales.
The adjacent hot food unit offers further opportunities for a new owner and could be traded or rented out to provide an investment income.
Property:
Comprising a large single storey detached property;
Convenience Store
Sales Area circa 770 sq.ft. (70 sq.m.)
Hot Food Takeaway
Sales Shop circa 270 sq.ft. (25 sq.m.)
Rear Shop circa 140 sq.ft. (13 sq.m.)
Prep Area circa 215 sq.ft. (20 sq.m.)
Kitchen
W.C.
External
Forecourt Area
EPC:
Rating - B.
Convenience Store Opening Hours:
Monday - Friday 7.30 am - 7.30 pm
Saturday 8.30 am - 7.00 pm
Sunday 8.30 am - 1.00 pm
Hot Food Takeaway Permitted Hours
Monday - Sunday 11.00am - 9.00pm
Staff:
The business is currently operated with the help of 1 part time member of staff. The hot food unit trades on short hours under management.
Rates:
The premises are assessed as follows:
RATEABLE VALUE £7,600
Rates free incentives subject to status.
Leasehold Option
A new lease is available for the Convenience Store only at £12,000 per annum. Terms to be agreed.
Money Laundering Regulations
In accordance with the current Anti-Money Laundering Regulations the Purchaser or Tenant will be required to provide two forms of identification and proof of the source of income.
