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Self Service Convenience Store, News, Confectionery, Tobacco, Full Free Off Licence for Sale

Undisclosed, West Midlands
Advert ID
G7863 / Rightbiz
Annual Turnover: £442,000
WE ARE INFORMED the turnover averages £8,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £450 p.w. We are advised that the gross profit is in the region of 17%. We are further advised that the sales year ending 31st March, 2017 showed sales of £486,111 with a gross profit of £80,607.The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING is available as an OPTIONAL EXTRA on a shorthold tenancy at a rental of £800 per month. The FLAT comprises:4 Double Bedrooms (1 with en suite shower room with shower, w.c. & wash hand basin)In addition there is a bathroom with bath, shower over bath, w.c. & wash hand basinLarge LoungeKitchen with fitted unitsPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £70,000 plus STOCK AT VALUATION (£20,000 approx).SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £375,000 plus STOCK AT VALUATION (£20,000 approx)SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Listing Details
Location: Undisclosed, West Midlands
Sector: Convenience Stores, General Stores
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Advert Reference: G7863 / Rightbiz

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