Convenience Stores for sale in Willenhall

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Ian McGregor (Nov 2013)
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Leasehold Price: £55,000 Price Reduced
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Business Description
Early viewing essential to fully appreciate
Situated in the bustling town of Willenhall
3 bedroom flat currently let at £450pcm
Ideal partnership opportunity
Genuine reason for sale

Business History

Meridian Business Sales are delighted to offer for sale this superb convenience store which has been established since the 1960's and has been in the careful hands of our clients for the last 8 years. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that they generate a respectable annual turnover which is derived from the sale of a wide range of convenience style goods such as general food items, confectionary, toiletries, alcohol, cigarettes and newspapers/magazines etc. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.
Trading Hours:

Monday – Saturday: 7:00am – 6:00pm Sunday: Closed

Tenure: Leasehold

Accommodation Details:

Well presented glass fronted property, briefly comprising: GROUND FLOOR Secure entrance leading to: Open plan store Ample shelving and racking displays Product displays Free standing displays Card displays Magazine/newspaper rack Double freezer and double chillers Single chiller Lotto stand Serving/payment counter Cigarette gantry To the rear: 2x large store rooms Kitchenette Toilet facilities FIRST FLOOR Self contained flat (Currently let at £450pcm) Lounge with feature fireplace Fully fitted kitchen Bathroom SECOND FLOOR 3x double bedrooms EXTERNAL Children's ride included in the sale

Location Details:

The business is located in the town centre of Willenhall, West Midlands. The business is ideally situated benefiting from a consistently high footfall and good visibility. The shop enjoys a fine selection of neighbouring commercial businesses and retailers which bring shoppers and visitors to the town throughout the year. Situated on the main High Street which leads to car parks and traditional High Street retailers, the business boasts one of the most favoured retail locations in the area. Willenhall is a very popular business and residential location due to its fine housing, good schools and NHS services, historic attractions and neighbouring open countryside. It lies midway between Walsall and Wolverhampton on the northern edge of the Black Country. Willenhall benefits from being less than 2 miles away from the M6 motorway which connects to the M5, M54, M42 and M1 making travelling and commuting very easy.

Leasehold Term:

We are advised leasehold Original Length: 35 years Remaining: 28 years Rent: £1,300pm

Listed by: Meridian Business Sales Limited
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