Convenience Stores for sale in West Midlands

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 I had a great response from potential buyers which resulted in 3 offers for my business. 

Peter Webber (March 2014)
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Freehold Price: £250,000 Price Reduced Weekly Turnover: £6,500
Request Details
Business Description
• ACCOMMODATION INCLUDED

DOUBLE FRONTED MEDIUM SIZED SALES SHOP approx. 600 sq. ft. sales area with tiled floor & well fitted including counter, 2 tills with scanning system, 1 upright single door display deep freezer, 1 upright double door display deep freezer, 1 upright double door plus 2 upright single door drinks display fridges (2 owned whilst 1 of the single door fridges is on loan), 1-3m open cool display unit, modern adjustable shelving, centre display gondola etc.

Ambient Disabled/Staff Cloakroom with w.c. and wash hand basin

Small Stockroom.

Turnover : £6,500 p.w. in our opinion offering tremendous potential for further increase, especially with the introduction of the sale of wines, beers and spirits, obviously subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £1,000 p.w. We are further advised that the gross profit is in the region of 22% approx. The business is also agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approx. £120 p.w.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION (£10,000/£12,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday & Tuesday - 6 a.m. - 7 p.m.
Wednesday - 6 a.m. - 7.30 p.m.
Thursday & Friday - 6 a.m. - 7 p.m.
Saturday - 6 a.m. - 7.30 p.m.
Sunday opening - 6 a.m. - 12.30 p.m.


Number of Employees:

The business is at present operated by the vendor with the assistance of 3 part time staff. It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Tenure: Freehold

Number of bedrooms: 1

Accommodation Details:

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING which could obviously be sublet to provide a rental income, if not required for personal use, comprises:

1 Double Bedroom
Bathroom with bath, w.c. and wash hand basin (modern suite)
Lounge
Kitchen with fitted unitsGarden at rear (needs attention)
Garage

Location Details:

Situated in a busy road with bus stop outside, residential area, WEST MIDLANDS

Listed by: Nationwide Businesses Ltd
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C8683
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