Old Established Self Service Convenience Store, Counter News, Confectionery, Tobacco Plus National Lottery. | | Undisclosed West Midlands | | Unrestricted parking Impressive double fronted premises with electric shutters, 1,000 sq ft. approx., ceramic tiled floor floor, suspended ceiling with fluorescent lighting. Fully equipped including, sales counter, EPOS scanning system with till plus computer, 2 dairy display cabinets, 2 single door drinks fridges, 1 Cocoa-Cola fridge (on loan), Ice cream fridge plus 2 other freezers, etc. CCTV system including 6 cameras, 2 monitor and hard drive recorder. Stockroom at rear. Staff toilet with w.c. and wash hand basin. | | ADVERT NUMBER : 16387
ADVERT IMPRESSIONS : 15,422 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | LEASEHOLD: | £69000 | | | | | BUSINESS DETAILS: | Location Situated in a parade, busy road, residential area, WEST MIDLANDSOpening Hours Monday - Saturday inclusive - 7 a.m - 7 p.m.
Sunday opening - 8 a.m. - 2 p.m.Turnover WE ARE INFORMED the turnover averages 7,000 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of approximately 80 p.w.Tenure We understand the premises are held on a secure renewable council lease, having approx. 9 years unexpired at a rental of 6,250 p.a. exclusive of rates next rent review in 4 years then every 5 years.
Uniform Business Rates: 1,800 p.a. approx.Price TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 69,000 plus STOCK AT VALUATION (18,000 approx.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.Outside Garage
Staff The business is at present staff operated. Staff employed 1 manager with the assistance of 1 full time and 1 additional part time staff. Wages paid 600 p.w. It will be appreciated upon inspection that with an active husband and wife team, the wagebill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
