Scroll To Top

MODERN CONVENIENCE STORE – SOLIHULL, WEST MIDLANDS

Solihull, West Midlands
Leasehold Price:
£65,000
Status
FOR SALE
Advert ID
238967
Reference
GOT33768K / Rightbiz
640 Square Foot Sales Area

Nice Residential Area

Same Owner Since 2004

Rental Income From 2 Bedroom Self-Contained Accommodation

Leasehold Price £65,000

Description and Trade:

The prominent corner sited store is situated in a parade of six shops in a nice residential area of Solihull.

The trade is that of general groceries, news and off licence products etc. It is a National Lottery outlet.

Premises:

The well-presented and spacious Sales Area (10.3m x 5.7m) has a suspended ceiling with concealed lighting and is fully fitted with wall shelving, two runs of double sided gondola shelving and news display racking. Fixtures and fittings include lots of refrigeration and freezer self-serve units, serveover checkout with cash register etc.CCTV is installed.

Leading to a Stock Room/Office and a Kitchen with w.c. facilities off.



Accommodation (not inspected by Agent):

The self-contained accommodation is double glazed comprising Lounge/Diner, Kitchen, two double Bedrooms, Bathroom.

The accommodation is currently let for an income of £6,600 per annum.

Comments:

A very well established business in a nice residential area that has been in the present owner’s hands since 2004. There is scope to increase takings by extending the evening opening hours, especially on off licence products.



Our Client Informs Us That:

Takings:

Retail takings are around £7,000 per week. There is extra commission income of about £4,000 per annum from lottery, cash machine etc.

The weekly newsbill at cost is around £1,000.

Trading Hours:

7.00am – 8.00pm Monday to Saturday

7.30am – 7.00pm Sunday

Tenure:

Leasehold. We understand that the landlord will offer a new 10-year lease, with 5 yearly review, at a commencing rent of £14,000 per annum for the business and accommodation.

Price:

£65,000 plus stock at valuation for the lease, business, fixtures and fittings.

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01543 411036.
Listing Details
Leasehold Price: £65,000
Tenure: Leasehold
Location: Solihull, West Midlands
Sector: Convenience Stores, Off Licences
Financials
Annual Turnover: £364,000
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: GOT33768K / Rightbiz
Listing Statistics
Impressionsi: Upgrade to view
Enquiriesi: Upgrade to view
Interestedi: Upgrade to view
Watchingi: Upgrade to view
Date Ad Submitted: Upgrade to view
Last Viewedi: Upgrade to view
Last Updatedi: Upgrade to view
Last Enquiry Received: Upgrade to view
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing

Related Businesses for Sale

Off Licences
Convenience Stores
Newsagents
Everett Masson & Furby
News, Confectionery, Tobacco,...
Undisclosed, West Midlands
Convenience Stores
Disclaimer
The data showed regarding this advert 'MODERN CONVENIENCE STORE – SOLIHULL, WEST MIDLANDS - GOT33768K / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller