Successful Convenience Store With Large Living Accomodation | | Undisclosed West Midlands | | WEST MIDLANDS Successful Convenience Store With Large Living Accomodation In a parade of shops on the main road, close to the M42 motorway and A435 Alcester road. Leasehold: £129,995 + SAV REF 0026 AV | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 72425
ADVERT IMPRESSIONS : 9,311 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Convenience Stores | | SALE: | Agent Sale | LEASEHOLD: | £129995 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | REF: 0026 AV
SUCCESSFUL CONVENIENCE STORE WITH LIVING ACCOMODATION
COMPETITIVELY PRICED PRODUCTS CREATING HIGH TURNOVER
ESTABLISHED LOCAL CUSTOMER BASE & PASSING TRADE
MASSIVE POTENTIAL FOR GROWTH
LOCATION
In a parade of shops on the main road, close to the M42 motorway and A435 Alcester road.
HISTORY
Established for 20 years, the current Vendors have owned the business for 6 years.
REASON FOR SALE
The business is being reluctantly sold due to ill health.
WEST MIDLANDS:
LEASEHOLD: £129,995 + SAV
PRODUCTS
• Newspapers.
• Magazines.
• Greetings cards.
• Confectionary.
• Tobacco.
• Alcohol.
• General groceries.
• Soft drinks.
• Top ups.
• Lottery.
• Health lottery.
• Payzone.
• Stamps.
CUSTOMERS
• Wide variety of customers:
o Passers by to the motorway.
o Local residents.
o Local workers.
SUPPLIERS
• Warburtons Bread Co (Daily).
• Wiseman Daires (Daily).
• Newspaper companies – Smiths News
and News International.
• Mercia fine foods cakes.
STAFF
• The business is run by 3 part time
members of staff, including the
Vendors.
TRADING HOURS
• 7am – 8pm (Mon – Tues).
• 7am – 9pm (Wed – Sat).
• 8am – 7pm (Sunday).
FINANCIALS
• Turnover - £600,000 per annum.
OVERHEADS
Staff £6,240 pa
Rates £900 pa
Electricity £350 pcm
Other £40 pcm
PREMISES
• Private car parking available at the
side and front.
• Side exit for parking and garage.
• A large garage at the side of the shop.
ACCOMMODATION
• Large 2 bedroom flat;
o Kitchen.
o Bathroom.
o Large lounge.
o Gas central heating.
o Double glazing.
o Gas fire.
o Half furnished.
• Lodgers already provided if needed.
EQUIPMENT, FURNITURE,
FIXTURES & FITTINGS
• Included in asking price;
o Till.
o Cash points.
o 5 fridges.
o 2 freezers.
o Lottery terminal.
• Stock valued at circa £40,000.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be
conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold,
let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made
without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
STRENGTHS
• The availability of lottery attracts customers frequently.
• Customers drawn in from other local shops in the parade (Chinese take away and a fish and
chip shop).
• Customers on route to/from the motorway frequently visit shop.
• Competitive product prices (milk and bread is price matched with supermarkets).
• Accommodation/parking available for a purchaser.
• Business relief on business rates.
• Rental on above flat is flexible, so it can be increased on purchase for more profit.
• No other convenience store within 3-4 miles radius.
SCOPE
• Paper deliveries can be offered to bring in more sales.
• Opening hours can be extended to increase sales.
• Utilizing store rooms for more shop space.
VIEWINGS:
• A non disclosure agreement will have to be signed and returned prior to any further
information and viewing. | | | | | | FOR SALE | | | | | REFERENCE: | 0026 AV / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
