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

Undisclosed, West Midlands
Status
FOR SALE
Advert ID
257007
Reference
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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The data showed regarding this advert 'Freehold Self Service Convenience Store, Counter News, Confectionery, Tobacco With Main Post Office for Sale - G8518 / 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.
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