BUSY Grocery Store Supermarket & Butchers in Dudley

A busy superstore and grocery store with a butcher's section located on a main road location in Dudley.

The owner established the business from new and fully fitted the premises and has been running it for just over a year. It is around 6,500 sq foot with around 10-12 parking spaces, a side shade and frontage on the main road. It has a full variety of fruit and vegetables, bulk drinks selection, Asian spices and masalas, daals and lentils, toiletries, cleaning products, laundry items, savoury snacks and goods, full range of confectionary, biscuits, cakes, beverages, oils, tinned foods, sauces, noodles, frozen foods, rice's, flours aswell as a homeware and kitchenware section located on the upper floor.

• 10-12 PARKING SPACES
• 2 MEZZANINES, ONE FOR STORAGE AND ONE WITH HOMEWARE AND KITCHENWARE DISPLAYED WITH A SEPERATE EPOS SYSTEM AND COUNTER.
• SIDE SHADE BUILT AND READY TO USE.
• FORKLIFT AND 2 PUMP TRUCKS
• MAIN ROAD POSTION
• SEPERATE BUTCHER'S SECTION
• COLDROOM
• 2 STORE ROOMS
• SEPARATE OFFICE 
• LARGE FLOOR SPACE
• FULLY KITTED OUT
• 7 CHEST FREEZERS
• 2 DISPLAY FRIDGES
• 3 EPOS TILLS AND 2 COUNTERS
• FULLY SHELVED
• NO LOCAL COMPETITION

The business has been established for just over 1 year and has established itself well and the potential growth is there for any new owner. It has no local competition and is the only superstore and butchers in the local vicinity.

It is currently doing around £23,000-£25,000 per week with £17,000-£18,000 from the grocery store and £6,000-£7,000 from the butcher’s section which is rented out separately for £300 a week. 

The profit margin for the store is high, leaving a great return. This business is a great opportunity for anyone who wants to buy and well established business with a high profit margin and potential for growth.

There is a 15 year renewable lease for the business with an annual rent of £32,000 and a 5 YEAR RENT REVIEW. The £300 per week rental paid from the butcher’s section works out to £15,000 a week. This would therefore make the rent paid to £17,000 per annum. 

The business rates are £6600 per annum (£127 per week). 

The butcher's section is rented out with the potential for the new owner to run this himself if he wants to or keep it rented.

It as great potential for expansion by adding new ranges and lines such as cigarettes, Payzone, parcel service, the Lottery and other lines such as African foods, Afro Caribbean foods, further expansion of t he Asian lines and so on.

The asking price for the business is £220,000 plus stock at valuation.  

• Only serious parties only to contact, if you don't have the finances then please do not waste my time.