Long Established Convenience Store With Off Licence (not Utilised At Present), Pay Zone | | Undisclosed West Midlands | | Situated in a Parade, excellent main road trading position, office and commercial area, WEST MIDLANDS | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68328
ADVERT IMPRESSIONS : 14,677 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £89950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Features : SUMMARY:
• PRICE (LEASEHOLD) £89,950
• SIZE 29.4(M²) / 316.5(Ft²)
• NEWSBILL £300p.w.
• GROSS PROFIT 25%
• TURNOVER £8,500p.w.
DESCRIPTION:
DOUBLE FRONTED WITH SHUTTERS, suspended ceiling with fluorescent lighting, sales counter, vinyl floor, open cool display unit (1.25 metres), cash register, fridge, 2x freezer, shelving (modern adjustable), CCTV system (6 cameras, 1 monitor & harddisk recorder 16 channels)
• Stock room / Store room.
• Toilet with w.c. and wash hand basin. (Staff).
• Small Kitchen
Location : Situated in a Parade, excellent main road trading position, office and commercial area, WEST MIDLANDS
Opening Hours : 7 Day week (Monday - Saturday) 6.30am - 9pm
Sunday 8am - 9pm
Turnover : We have not had sight of the account but WE ARE INFORMED by the vendor :
• Turnover averages £8,500 p.w.
• Gross profit 25% approx.
• Wholesale newsbill £300 p.w.
COMMISSIONS RECEIVED : (in addition)
• PayZone £20 p.w.
Tenure : We have not had sight of the lease but WE UNDERSTAND FROM THE VENDOR that the premises are held on a SECURE RENEWABLE lease from the private landlord:
• Lease granted for 15 years in 2009
• Reviews every 5 years (next review 2014)
• RENT £6,000 p.a.
THE VENDOR HAS ADVISED THAT:
• BUSINESS RATES from APRIL 2011 payable: £1,200 (Please contact local council to confirm)
• WATER RATES (METERED).
Price : TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS
£89,950 plus STOCK AT VALUATION (£20,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.
N.B. The purchaser is to be responsible for the Landlord solicitors costs.
Outside : Rear yard
Staff : The business is at present operated by a Manager plus
• 1 full time staff employed.
• 1 part time staff employed. | | | | | | FOR SALE | | | | | REFERENCE: | G6139 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
