Self Service Convenience Store, Mainly Counter News, Confectionery, Tobacco, Full Free Off Licence | | Undisclosed West Midlands | | Situated in a parade, busy road, residential area, WEST MIDLANDS | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68198
ADVERT IMPRESSIONS : 12,249 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £68950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : DOUBLE FRONTED SALES SHOP in the region of 600 sq. ft. sales area. We understand newly fitted approximately 12 months ago. Tiled floor, suspended ceiling with concealed lighting, modern adjustable shelving, ice cream deep freeze (owned), glass topped chest deep freeze, 2 double door glass fronted display fridges, 1 single door glass fronted display fridge, small open cool display unit, electric cash register, counter etc.
Stockroom
Staff w.c.
Small office
Location : Situated in a parade, busy road, residential area, WEST MIDLANDS
Opening Hours : Monday - Friday inclusive - 6.30 a.m. - 10 p.m.
Saturday opening - 7 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 10 p.m.
Turnover : WE ARE INFORMED the turnover averages £7,000/£8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £600 p.w. Gross profit 18% approx.
Tenure : We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 9 years unexpired at a rental in the region of £14,400 p.a. exclusive of rates for the next 3 years, with rent review at that time and thereafter every 3 years.
THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 6 YEARS AND THERE ARE GENUINE REASONS FOR SALE.
RECOMMENDED FOR EARLY INSPECTION
Price : TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £68,950 plus STOCK AT VALUATION (£12,000/£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Accommodation : The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:
2 Double Bedrooms
Bathroom with bath, w.c. and wash hand basin
Lounge
Small kitchen with fitted units
Outside : Courtyard area
Garage used for stock purposes
Staff : The business is at present operated by the vendor's wife on a full time basis with the assistance of the vendor and their son on a part time basis. 4 evening newsrounds undertaken plus 2 Sunday morning newsrounds. Delilvery charge 50p p.w. for evening & Sunday paper with 42p p.w. charged for evening paper only. | | | | | | FOR SALE | | | | | REFERENCE: | G6147 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
