Family Operated Business Taking £11,000 to £12,000 per week
Plus Commission Income £15,000 per annum
Consistent Recent Trading History and High Profits
Freehold Price £359,000
Leasehold Option £125,000
A fully refurbished Convenience Store situated in a well populated area of Birmingham. This desirable business has been operated by the same family for 30 years and offers all products and facilities expected of such a business. General Groceries, Beers, Wines and Spirits, Newspapers & Magazines, Greetings Cards, Stationery and Sundry Lines.
Valuable Commission Income is earned from the sale of National Lottery tickets, in-store ATM and electronic payments services (PayZone and PayPoint).
The exceptionally well fitted and air conditioned Sales Area (over 1,000 sq. ft.) has a suspended ceiling and has recently been fully refurbished.
Modern wall and double-sided gondola display shelving, ice cream freezer, greetings cards display stands, 20ft chilled display cabinet, upright freezer cabinet, chest freezer, chilled drinks cabinets, checkout counter with EPOS price lookup and stock control cash registers.
To the rear is a Stock Room; Office and w.c.
The Premises are protected with a direct burglar alarm system and CCTV system.
The comfortable Living Accommodation comprises: Landing; large Lounge; fitted Kitchen; Bathroom; Two Double Bedrooms; Single Bedroom.
This is a rare opportunity to acquire a superb Convenience Store with High Sales and Profits, and potential for even more. Trading hours could be extended, and scope exists to expand the sales area.
Our Client Informs Us That:
The Business is taking between £11,000 and £12,000 per week in retail sales, with additional Commission Income of around £15,000 per annum from the sale of National Lottery tickets, ATM and electronic payments services.
6.00am – 9.00pm Monday to Saturday
8.00am – 9.00pm Sunday
The Business is operated by family members with minimal help from two part-time assistants.
Tenure and Price (to include Business, Fixtures and Fittings):
Freehold £359,000 plus stock at valuation.
Leasehold £125,000 plus stock at valuation for a new negotiable-term lease. Commencing rent £20,000 per annum for the whole property, or £12,000 per annum for the lock-up shop only.
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