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Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence With Post Office Local for Sale

Undisclosed, West Midlands
Status
FOR SALE
Advert ID
230416
Reference
G7933 / Rightbiz
Annual Turnover: £728,000
WE ARE INFORMED the turnover currently averages £14,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £500/£600 p.w. We understand the gross profit is in the region of 20%. Post Office income in the region of £20,000 p.a. approx. We are further advised that the sales year ending 31st December, 2017 showed sales of £636,895 with a gross profit of £116,016 with a net profit of £63,998 plus post office income in the region of £15,000 providing an overall net profit for the year of in the region of £84,000.The SPACIOUS accommodation all in GOOD CONDITION, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:First FloorLiving Room6 Bedrooms (5 doubles, 1 large single)Fully tiled bathroom with bath, w.c. & wash hand basin Fully fitted kitchenGround FloorSpacious lounge with laminated strip floorFully fitted kitchenLarge fitted bathroom with bath, shower, w.c. & wash hand basinPrice : TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £155,000 plus STOCK AT VALUATION (in the region of £50,000 approx)SUBSTANTIAL LOAN TO AN APPROVED APPLICANTOR PRICE TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £780,000 plus STOCK AT VALUATION (in the region of £50,000 approx).
Listing Details
Location: Undisclosed, West Midlands
Sector: Convenience Stores, General Stores
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Advert Reference: G7933 / Rightbiz

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