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Profitable well fitted SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFEC

Price:
Leasehold - £189,500
Turnover:
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Seller Ref:
G6017
Location:

West Midlands

Business Type:

Retail businesses

See Other:
Convenience stores for sale in West Midlands
General stores for sale in West Midlands
Supermarkets for sale in West Midlands
Confectioners for sale in West Midlands
Off licences for sale in West Midlands
Retail businesses for sale in West Midlands
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Large forecourt area providing parking space for customers for 8/10 cars. In addition there is ample parking for customers outside the parade.

SPACIOUS SALES SHOP in the region of 2,800 sq. ft. sales area with tiled floor, suspended ceiling with lighting. 8 glass topped chest display deep freezes, approx. 5m open cool display unit (used for milk and dairy produce), approx. 7m open cool display unit (used for beers), modern adjustable shelving, 3 large display gondolas, magazine display section, 2 large Coca Cola drinks display fridges with sliding doors (used for soft drinks), counter, 2 electronic cash registers, CCTV system with 10 cameras, 2 monitors plus recording etc.

Large stockroom in the region of 800 sq. ft.
Staff cloakroom with w.c. and wash hand basin
Office

WE ARE INFORMED the turnover averages £24,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit we are advised in excess of 20%.

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 21½ years unexpired at a rental of £45,000 p.a. exclusive of rates for the next 1½ years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £10,000 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 3½ YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S ILL HEALTH.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURE & FITTINGS £189,500 plus STOCK AT VALUATION (£65,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, large residential area, WEST MIDLANDS
Trading Hours:
Monday - Saturday inclusive - 7.30 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 5 p.m.
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