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Freehold Self Service Convenience Store, Counter News, Confectionery, Tobacco With Main Post Office for Sale

Undisclosed, West Midlands
Advert ID
G8518 / Rightbiz
Freehold Price: £595,000
Annual Turnover: £520,000
WE ARE INFORMED the turnover currently averages £10,000 p.w. in our opinion there is terrific potential to introduce the sale of wines, beers & spirits, if desired & obviously subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £400 p.w. Post office income £70,000 p.a. approx. (including ATM machine & on line national lottery). We are further advised that the sales year ending 5th April, 2019 showed £353,736 with a gross profit of £59,593 plus post income of £67,643 (including commission of £525) providing a total gross profit of £127,253.The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is currently let on a shorthold tenacy & provides a rental income of £120 p.w. however we understand that vacant possession can be given on completion if required. The accommodation comprises:3 Double BedroomsBathroom with bath, w.c. & wash hand basinLarge LoungeFitted KitchenPrice : TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £595,000 plus STOCK AT VALUATIONSUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Listing Details
Location: Undisclosed, West Midlands
Sector: Convenience Stores, General Stores
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Advert Reference: G8518 / Rightbiz

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