| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 4,011 TIME(S)
BUSINESS REFERENCE : G5179 / RightBiz OLD ESTABLISHED SEMI-SELF SERVICE STORES PLUS FRUIT & GREENS | | | | | | SPACIOUS SALES SHOP with 4 display windows approx. 800 sq. ft. sales area. Lino floor, suspended ceiling with concealed lighting. Well fitted including modern shelving. 2 upright double door glass fronted display fridges, 1 upright single door glass fronted display fridge, counter, electronic cash register, new 3 tier ice cream deep freeze, etc. Large stockroom with storage fridge Staff cloakroom with w.c. and wash hand basin | | | BUSINESS LOCATION: | Undisclosed West Midlands UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £49500 | | | | | | | | | | | BUSINESS DETAILS: | Location Situated end of parade, densely populated residential area, BIRMINGHAMOpening Hours Monday - Saturday inclusive - 10 a.m. - 8 p.m.
Sunday opening - 10 a.m. - 5 p.m.Turnover WE ARE INFORMED the turnover averages 5,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 19% approx.Tenure The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease at a rental of 13,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.
Uniform Business Rates: 800 p.a. approx. (after small business relief) + water rates (metered)
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 19 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDEDPrice TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 49,500 plus STOCK AT VALUATION (16,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANTAccommodation The accommodation in the form of a SELF CONTAINED FLAT over, fully DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, is at present let on a shorthold tenancy and provides a rental income of 65 p.w. However, we understand that vacant possession can be given on completion, if desired. The accommodation comprises:
2 large double bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
KitchenOutside Yard at rear with parking space for 3 carsStaff The business is at present operated by the vendor with the assistance of his son plus an additional relative when required. | | | | | | FOR SALE | | | | | SELLER: | NATIONWIDE BUSINESSES LTD | | CONTACT: | 020 8763 1777 | | REFERENCE: | G5179 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
