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Thursday 29th of Jun 2017 - My Account - Register - Brokers - Bookmark RightBiz
Leasehold:
£69,500

Convenience Store & Off Licence In West Midlands Premium Advert

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Further Details
References-1023 / RightBiz
Status
FOR SALE
Advert ID194899
LocationWillenhall, West Midlands
SectorNewsagents, Convenience Stores, Greengrocers
Leasehold Price£69,500
Annual Turnover£260,000
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Key Features
  • Retirement Sale
  • Offers Invited
  • Attractive Business
  • Central Position in Affluent Village
  • Prime Location
  • With Car Park
  • Potential for Alternative Use
Simphi are delighted to welcome onto the market this well-established newsagent business in a prime trading location in Willenhall, West Midlands.

The business has been trading for over 20 years and has been under our clients’ ownership since 2006.

It is only now being offered to the market due to our clients’ desire for a well-deserved rest.
This Lifestyle Express Convenience Store occupies substantial premises in an ideal trading location. The business is situated in the middle of a residential area therefore benefitting from a very high volume of footfall and passing trade.

There are no other local convenience stores or newsagents in the immediate vicinity making this business highly sought after.

The business also benefits from ample on-street parking facilities to the front and side of the premises.

Our clients also have license to serve Alcohol, and are only now beginning to use this channel. Therefore, the new owner can significantly increase the turnover by fully exploiting its’ potential.

Lottery and Pay zone applications have also been submitted and the owners are waiting for approval.

There is huge potential to take this business to the next level. Our clients age and reluctance to continue running this business has meant sales are not as high as what they should be. Therefore the new owner must realise the potential instead of concentrating on the present.

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