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Related Ads > West Midlands Business for Sale > Convenience Stores to Lease > Convenience Stores in West Midlands for Sale 

Profitable Well Fitted Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence

Undisclosed West Midlands
Situated in a parade, busy road, large residential area, WEST MIDLANDS
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 63337
ADVERT IMPRESSIONS : 13,009 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Agent Sale

LEASEHOLD:

£189500
 

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BUSINESS DETAILS:

Features : Large forecourt area providing parking space for customers for 8/10 cars. In addition there is ample parking for customers outside the parade.

SPACIOUS SALES SHOP in the region of 2,800 sq. ft. sales area with tiled floor, suspended ceiling with lighting. 8 glass topped chest display deep freezes, approx. 5m open cool display unit (used for milk and dairy produce), approx. 7m open cool display unit (used for beers), modern adjustable shelving, 3 large display gondolas, magazine display section, 2 large Coca Cola drinks display fridges with sliding doors (used for soft drinks), counter, 2 electronic cash registers, CCTV system with 10 cameras, 2 monitors plus recording etc.

Large stockroom in the region of 800 sq. ft.
Staff cloakroom with w.c. and wash hand basin
Office

Location : Situated in a parade, busy road, large residential area, WEST MIDLANDS

Opening Hours : Monday - Saturday inclusive - 7.30 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 5 p.m.

Turnover : WE ARE INFORMED the turnover averages £24,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit we are advised in excess of 20%.

Tenure : We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 21½ years unexpired at a rental of £45,000 p.a. exclusive of rates for the next 1½ years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £10,000 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 3½ YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S ILL HEALTH.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURE & FITTINGS £189,500 plus STOCK AT VALUATION (£65,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Staff : The businessis at present operated by a husband and wife team with the assistance of 3 full time staff.
   
  FOR SALE
   

REFERENCE:

G6017 / RightBiz
   
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