CONVENIENCE STORE AND NEWSAGENT BUSINESS FOR LEASEHOLD SALE IN WEST MIDLANDS
A well-established convenience store and newsagents business for over 15 years are available for sale in the prime location of Wolverhampton, West Midlands. The business is in an area with around 500 houses and front of a primary school.
The business operates as the only local shop in the area and faces competition from the shops located 1-2 miles away. It even functions as HERMES parcel service sending and receiving and collection point with even has Amazon parcel service collection point. The business also offers other benefits like Paypoint service, ATM service, and Lottery.
The business has a two-bedroom flat for accommodation and will sell the stocks at valuation separately. The store comes at a leasehold value of £75,000 (negotiable), including all fixtures and fittings. The business is highly successful and has made an annual turnover of £288,000 last business cycle. The annual rental value is £12,000
The business has been with me for the last two years, offering it for sale to focus on the other business venture. I run the shop from Monday to Saturday from 6 AM to 8 PM and from 6 AM to 5 PM on Sundays. I am also willing to provide training if required.
Please feel free to reach out to me for any further details.
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