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Wolverhampton Off-Licence Shop with Accommodation, Profitable Village Location, Freehold

Wolverhampton, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    10/06/24

  • Advert ID

    612587

  • Freehold: Price on Application (Stock at valuation)
  • Turnover: £260,000 (£5,000 Per week)
  • Net Profit: On request

Key Features

  • Prime Location
  • Central Position in Affluent Village

Business Details

Village off licence with accommodation

FOR SALE – Shop with accommodation

Golden Investment opportunity – NO COMPETITION.

FREEHOLD VILLAGE off-licence, with 6 rooms on the first floor FOR SALE. Profitable village location, Outskirts of Wolverhampton, West Midlands near WV9 postcode.

(Once bought the freehold, the existing shop could be extended and the sales potential would be about 15k-16k or the possibility of 20k pw sales in experienced hands.) *** (HUGH GROWTH POTENTIAL) ***

Current Turnover - 5K- 6K (potential for 8k-10k pw – even without extending shop floor, Currently shop is leased out to someone).

Existing shop area 600-700sq ft

Extra -

Parcels - £300 plus per month commission income.

Paypoint sale - £200 pw

Freehold - £450k

The finder's fee will be applicable

New owners can increase turnover by -

- Introducing Newspaper

- Introducing Lottery

- Introducing Hot food/ Homemade Sandwiches

- Extending shop area

------------------------

Accommodation -

First floor:                                                                     Ground floor                                                  

6 bedrooms                                                                    Large Lounge, Walk in wet room

1 bathroom                                                                    Nicely fitted Modern kitchen

1 storage area                                                                Outside Kitchenette, Patio area

                                                                                         Gated entrance

                                                                                         Two/three car parking space

Different income Options:

1.      Potential buyer could extend the shop – increase shop sales up to 18-20k per week.

2.      Could convert residential space into 4 separate flats  - massive opportunity.

OR

3.       Could keep downstairs for themselves and rent the remaining 6 rooms upstairs     – £2400pm rental income could be achieved.

Contact for pics or more information and booking appointments.

07399815289

[email protected]

Read more

Map

Contact the seller for more details, or book a viewing

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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