Superbly Fitted Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence | | Undisclosed West Midlands | | Situated in a parade, busy road, residential area, WEST MIDLANDS | | ADVERT NUMBER : 63277
ADVERT IMPRESSIONS : 12,024 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £97500 | | | | | BUSINESS DETAILS: | Features : Forecourt ideal for display purposes
SPACIOUS SALES SHOP in the region of 1,400/1,500 sq. ft. sales area with laminated strip floor, suspended ceiling with concealed lighting. The equipment includes modern adjustable shelving, 3-tier ice cream display deep freeze, magazine display shelving, 5m open cool display unit (used for dairy produce, milk, fruit), 4-door glass fronted display deep freeze, 2 double door glass fronted display fridges (used for wines), 1-2.5m open cool display unit (used for soft drinks), 1-2.5m open cool display unit (used for beers), counter, 2 tills with scanning.
Office
Kitchen
Small stockroom
Staff cloakroom with w.c. and wash hand basin
Location : Situated in a parade, busy road, residential area, WEST MIDLANDS
Opening Hours : 8 a.m. - 10 p.m. seven days per week
Turnover : The business was re-opened in November, 2010 by the present owners and we are informed the turnover currently averages £12,500/£13,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newshill £400/£500 p.w. Gross profit 24% approx.
Tenure : We understand the premises are held on a new 25 years lease from September, 2011, the current rental being paid we are advised is £28,000 p.a. exclusive of rates and we understand that this will be the rental payable for the first 5 years of the new lease, however, we are further advised by the present tenant that this could possibly be reduced.
Uniform Business Rates: £10,000 p.a. approx.
PERSONALLY INSPECTED AND HIGHLY RECOMMENDED
MUST BE SEEN TO BE FULLY APPRECIATED
REDUCED FOR EARLY SALE
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £97,500 plus STOCK AT VALUATION (£30,000/£40,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Outside : Parking at rear we understand for 5 cars.
Staff : The business is at present operated by the vendor on a part time basis with the assistance of his brother on a full time basis plus 3 full time and 1 part time staff.
It will be appreciated upon inspection that with an active husband and wife team, the wage bill could be reduced. | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
