Completed sale
How JR and J Downs Foodmarket Retail & E-commerce Was Sold to Mr Gunaratnam | Transaction Overview
JR and J Downs convenience store in County Durham has been successfully sold to new owners by Knightsbridge Business Sales for £145,000 for the freehold.
Well presented throughout, the business has been established over 25 years offering hot food and drinks, confectionary, newspapers and tobacco as well as holding an alcohol license.
Generating a weekly turnover of £5,500 with further opportunity to expand the product ranges, the business is supplemented by a 4 bedroom accommodation which made this a great acquisition for new buyer Mr Gunaratnam, who is planning to work in the business.
Since the convenience store arrived on the market it generated a great amount of interest with multiple viewings, which lead to an acceptable offer for our client who wishes to retire.