Convenience Stores for sale in Sutton Coldfield

View the "News/Conv/Wines/Lotto Four Oaks Sutton Coldfield" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I am delighted with the service – I’ve sold my business and highly recommend Daltons to other business sellers 

Marianne Ross (April 2014)
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Leasehold Price: £59,950 Price Reduced Under Offer Annual Turnover: £468,000
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Business Description
Long established newsagents business with gross sales averaging around £9,000 per week with a gross profit yield in the region 22%. Further income from Lotto commission amounts to £150 per week and a further £85 per week from Hermes and Payzone. The weekly newsbill at cost is £2,000. The business is located in a very desirable residential area in a good parade of shops including hair & beauty salons travel agents card shop and kitchen shop. The property briefly comprises ground floor sales area 500 sq.ft approximately with rear kitchen 2 x store cupboards and lounge and to the first floor two double bedrooms and one single bedroom and shower room plus outside front forecourt and rear yard with vehicle access and car parking spaces all to be secured on a new lease with a rent of £18,000 per year. The shop also sells convenience foods wines and spirits & cards. Hours of trade 6.00am to 8.00pm Monday to Saturday and 6.00am to 3.00pm Sunday. It has been in the same owners hands for the last 23 years and only now selling due to retirement. The price has been reduced for a quick sale.
Trading Hours:


6.00am to 8.00pm Monday to Saturday and 6.00am to 3.00pm Sunday


Number of Employees: Operated by the family

Tenure: Leasehold

Support & Training:

Full support and training will be given to any new owner

Location Details:

Located in a good parade of shops in the highly desirable area of Four Oaks Sutton Coldfield

Leasehold Term:

A new lease is available terms negotiable with a rent of £18,000 per year

Listed by: Hurdley and Co
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