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Freehold Old Established Full Free Off Licence, Confectionery, Tobacco Plus Teas, Coffee & Sugar

Undisclosed West Midlands
Situated in a parade, busy road, residential area, BIRMINGHAM

ADVERT NUMBER : 65163
ADVERT IMPRESSIONS : 13,358 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Off Licences
SALE: Agent Sale

FREEHOLD:

£215000
 

BUSINESS DETAILS:

Features : Ample customer's car parking in front of parade

Electric shutters to SPACIOUS SALES SHOP in the region of 700 sq. ft. sales area with laminated strip floor, fluorescent lighting. Air Conditioning. Well equipped including counter, electronic cash register, cigarette gantry (on loan), ice cream deep freeze (owned), 3 double door glass fronted drinks display fridges (2 owned plus 1 on loan from Coca Cola), upright single door glass fronted display fridge (owned), 4 cameras, monitor plus recording.

Large stock room, in our opinion there is potential for the shop to be extended into the stockroom at rear, if desired, subject to planning permission.

Staff cloakroom with w.c. and wash hand basin

Location : Situated in a parade, busy road, residential area, BIRMINGHAM

Opening Hours : Monday - Saturday inclusive - 11 a.m. - 10.30 p.m.
Sunday opening - 12 noon - 3 p.m. & 7 p.m. - 10.30 p.m.

Turnover : WE ARE INFORMED the turnover averages £4,000 p.w. in our opinion offering further potential to increase in the right hands and especially if the business was converted into a Convenience Store type operation. Gross profit 22% approx.

Tenure : THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 10 YEARS AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S RETIREMENT.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £215,000 plus STOCK AT VALUATION (£20,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Accommodation : The accommodation in the form of a SELF CONTAINED MAISONETTE over with FULL GAS FIRED CENTRAL HEATING and DOUBLE GLAZING to the rear of the property is at present let on a shorthold tenancy and provides a rental income of £500 per month, however, we understand that vacant possession can be given on completion, if required. The accommodation comprises:

2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Large Lounge
Kitchen with fitted units

Outside : Large garden (overgrown)

Staff : The business is at present operated by a husband and wife team with the assistance of their son when required.
   
  SOLD or WITHDRAWN FROM MARKET
 
 
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