Excellent Convenience Store West Midlands | | Wolverhampton West Midlands | | EXCELLENT CONVENIENCE STORE - WEST MIDLANDS Densely populated residential area in Wolverhampton Early interest and viewing is highly recommended | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70088
ADVERT IMPRESSIONS : 6,482 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £53,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | EXCELLENT CONVENIENCE STORE - WEST MIDLANDS
Densely populated residential area in Wolverhampton
Early interest and viewing is highly recommended
Stable and consistent trade throughout the year
Advised average weekly turnover of £2,481
Sale price includes all fixtures and fittings
Ideal lifestyle change opportunity
Genuine reason for sale
LEASEHOLD
Location
This superb leasehold general convenience store has an ideal location situated in Wolverhampton which is in the West Midlands. The business sits within a densely populated residential area with a large variety of neighbouring residential homes. The shop benefits massively from its surroundings as it supplies a consistent local trade within a short travelling distance. The business also has free of charge communal roadside parking making it an easy convenience for all who wish to visit. Wolverhampton is a highly desirable city which offers everything you would come to expect from a modern and thriving area. Wolverhampton also benefits from being situated very close to the M5, M6 and M54 motorways making visiting and commuting very easy.
Business History
Meridian Business Sales are delighted to offer for sale this superb leasehold convenience shop which has a proud history dating back to 1994. Our client is only now placing it onto the market due to his strong desires for retirement. The business achieves a very respectable advised average weekly turnover of £2,481 which is derived from selling an excellent range of convenience style goods and alcohol. Our client has worked exceptionally hard to build the business' reputation which has resulted in a consistently trading business year on year. Our client is also very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. We feel that this business offers a new owner an ideal lifestyle change opportunity and a chance to acquire a very stable business in a highly regarded area.
Financial Profile
Turnover: £2,481pw
Gross profit: 20%
Stock approximately: £19,000
Tenure
Leasehold
Original length: 6 years
Remaining: 5 ½ years
Rent: £1,625 per quarter
Opening Hours
Monday: 9:00am - 9:30pm
Tuesday: 9:00am - 9:30pm
Wednesday: 9:00am - 9:30pm
Thursday: 9:00am - 9:30pm
Friday: 9:00am - 9:30pm
Saturday: 9:00am - 9:30pm
Sunday: 11:00am - 10:00pm
Accommodation
Well presented corner shop in a prominent location featuring, full shutter security, open plan retail and display space, kitchenette, toilet and storage space, briefly comprising of:
GROUND FLOOR
Highly visible front and side property signs, full roller shutter security and secure entrance leading to:
Open plan shop area with front serving and payment counter with rear displays, 3 drinks chillers, 2 food chest freezers, central double sided display lane with end promotion space, wall fixed shelving and racking for product displays plus several free standing displays.
Small kitchenette area
Small storage area
Toilet with wash basin
Additional rear storage area
EXTERNAL
Free of charge communal roadside parking | | | | | | FOR SALE | | | | | REFERENCE: | 2827 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
