Convenience Stores for sale in West Midlands

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Ian McGregor (Nov 2013)
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Leasehold Price: £80,000 Weekly Turnover: £12,000
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Business Description
The business has been in the same hands for the past 17 years & is now offered for sale due to the vendors retirement.

SPACIOUS DOUBLE FRONTED SALES SHOP with tiled floor, suspended ceiling with concealed LED lighting. 3 electronic cash registers, counter, 1 large open cool display unit (used for wines, beers & ciders), modern shelving etc.

Stockroom with shelving
Staff w.c. & wash hand basin

Large cellar.

Turnover : £12,000 p.w. in our opinion offering further potential to increase in the right hands. We are further advised that the gross profit is in the region of 20%. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of £100/£120 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£50,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Trading Hours:


Monday - Saturday inclusive - 10 a.m. - 10 p.m.
Sunday opening - 12 noon - 10 p.m.


Number of Employees:

The business is at present operated by a husband & wife team with the assistance of family help.

Tenure: Leasehold

Accommodation Details: Large yard at rear with parking for 4/5 cars

Location Details:

End of parade of 3 shops, busy road, residential area, WEST MIDLANDS

Listed by: Nationwide Businesses Ltd
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C8690
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