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Off License & Convenience, Esh Winning, County Durham

£595,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
SIZE

Ask agent

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. EPC Band B.
Stock £45,000 to £50,000.

About Ernest Wilson & Co Limited, EW Leeds

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

Selling a Business?

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson. Our clients’ interests are at the forefront of everything we do, and we’re pleased to have built a reputation based on our passion for what we do, implicit trustworthiness and thousands of recommendations over the last 60 years. Selling your business can be a time of mixed emotions, but we’ll be with you every step of the way.

Ernest Wilson is the leading business transfer agent with offices throughout the UK. We will never ask for payment in advance, not only do we have the necessary expertise to correctly value your business, we also have the resources to professionally market that business and obtain the best possible price in the market.

No advance payments

We don’t believe in asking for payment in advance, so we simply won’t do it. We often find that those who do are more interested in obtaining your signature than finding you a buyer, leaving their clients underwhelmed by the lack of advertising and efforts put in to selling their business.

Our advice is straight forward: if an agent asks for any payment from you in advance, don't use that agent.

Confidential, discreet support

Selling your business calls for discretion balanced with commerciality. We know that simply putting up a For Sale sign often does little more than set tongues wagging and unsettle your staff, and we’re pleased that we sell over 99% of businesses without the need for one.

We don’t give out details of your business to a potential buyer unless they are registered with us. Only then will they receive the full particulars of sale on your business. Our drive, passion and attention to detail in selling your business means we’ll only introduce it to people who are the very best fit.

Unrivalled, interested contacts

Our database of potential buyers is unrivalled by other transfer agents, and we’re proud of our relationships with potential buyers that allow us to understand exactly what they are looking for – meaning we can sell your business faster.

We offer local, regional and online advertising, and have extensive links to finance through a variety of financial institutions which help to complete your sale.

Thinking of Selling

Notes

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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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