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Freehold Convenience Store Cradley Heath West Midlands

Undisclosed, West Midlands
Status
FOR SALE
Advert ID
257095
Reference
11192 / Rightbiz
Freehold Price: £499,950
Annual Turnover: £468,000
Annual Net Profit: Available upon request

Rare opportunity to purchase a freehold convenience store located on a busy main A road in Cradley Heath West Midlands. Gross takings average £9,000 per week with a gross profit yield of 25% together with Lottery commission of over £60 per week and a news bill at cost of £800 having two delivery rounds. The large two storey brick built property comprises ground floor sales area of some 650sq.ft with rear stock room hallway kitchen utility and lounge/bedroom and to the first floor spacious lounge bathroom kitchen and 3 double bedrooms with gas fired central heating throughout. Outside there is a rear yard with vehicle access and double garage. Sales include groceries wines and spirits sweets newspapers magazines dairy products cards cigarettes and soft drinks. Hours 5.00am to 9.00pm Monday to Sunday. The business has been operating for over 60 years and in the present owners hands for the last 22 years who are now selling due to retirement. This is a fantastic opportunity to buy a quality freehold convenience store.

Listing Details
Location: Undisclosed, West Midlands
Sector: Convenience Stores, Newsagents, Supermarkets
Key Features
  • Retirement Sale
  • With Accommodation
  • Established Business
  • Accounts Available
  • Fully Fitted
  • Offers Invited
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Advert Reference: 11192 / Rightbiz

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