Convenience store in County Durham sold to new owners

Located in County Durham, Wendy’s is a convenience store at the heart of the village of New Brancepath and is in a prime location in the middle of a large residential area. The business was established over 17 years ago and achieves an average weekly turnover of £18,000 and is set to increase further with the pending introduction of a Lotto terminal.

Revenue is generated from the sale of convenience goods and groceries, alcohol, tobacco products, confectionary and many other high margin sundry products. The business trades from an impressive ground floor lock up with a 300sq ft (approx) trading floor in addition to a spacious store room and WC. The shop floor is very well fitted complete with a valuable range of chillers and freezers.

Our client decided to pursue a sale in order to relocate and retire early. The purchaser, Mr Dhillon, has a number of similar businesses and is looking to add to his portfolio.

We would like to wish both parties all the best for the future.