Convenience Stores for sale in Walsall

View the "WELL ESTABLISHED OFF LICENCE IN WALSALL" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The sale came via an enquiry from your website. We're very pleased that it worked so well for us 

Polly Franey (July 2015)
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Freehold Price: £195,000 Leasehold Price: £80,000 Annual Turnover: £390,000
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Business Description
Same Owner Since 1980


Retirement Sale


Taking £7,500 per week Plus Lottery Commission


Freehold Price £195,000


Leasehold Price £80,000

Description and Trade:

Situated at a road junction in a pleasant residential area the business has a frontage car park for customers.

The trade is that of off licence products, confectionery, tobacco products, and a limited range of grocery lines. It has the benefit of being a National Lottery outlet.

Premises:

The Sales Area (c.550 square feet) has a suspended ceiling with concealed lighting and is fully fitted with wall shelving, double sided gondola shelving, and a run of refrigerated shelving. Fixtures and fittings include three upright drinks chillers, ice cream freezer, serveover checkout with cash register etc. CCTV is installed.

Leading to a spacious Stock Room/Kitchen (7.0m x 3.0m).

Internal stairs lead up to First Floor: Stock Room 1 (4.2m x 3.3m); Stock Room 2 (3.3m x 3.2m); Stock Room 3 (3.0m x 1.9m); Bathroom.

NOTE: In the past the first floor was used for accommodation and could quite easily be changed back to accommodation if required.

Comments:

A well-established husband and wife operated business that has been in the present owner’s hands since 1980, and is now only on the market due to retirement plans. There is definite scope to increase the range of general grocery products stocked.

Our Client Informs Us That:

Takings:

Retail takings are around £7,500 per week. There is also commission income of about £6,700 per annum from National Lottery.

Trading Hours:

10.30am – 10.30pm Monday to Saturday

12.00midday – 2.00pm & 7.00pm – 10.30pm Sunday

Staff:

Husband and wife operated.

Tenure & Price (to include fixtures and fittings):

Freehold £195,000 plus stock at valuation

OR

Leasehold £80,000 plus stock at valuation. A new lease will be offered, with 3 yearly reviews, at a commencing rent of £12,000 per annum.

Tenure: Freehold, Leasehold

Listed by: Everett Masson and Furby
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