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SPACIOUS SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBAC

Price:
Leasehold - £150,000
Turnover:
Register to view
Seller Ref:
G6023
Location:

West Midlands

Business Type:

Retail businesses

See Other:
General stores for sale in West Midlands
Off licences for sale in West Midlands
Convenience stores for sale in West Midlands
Supermarkets for sale in West Midlands
Confectioners for sale in West Midlands
Retail businesses for sale in West Midlands
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : Customer's car parking in front of parade

SPACIOUS SINGLE FRONTED SALES SHOP in the region of 2,650 sq. ft. sales area with quality tiled floor, suspended ceiling with concealed lighting. 2m open cool display unit (not utilized at present), 1-3.5m open cool display unit (used for dairy produce, pies, milk etc), large glass topped chest deep freeze, 3 upright glass fronted drinks display fridges (2 on loan from Pepsi Cola, 1 on loan from Coca Cola), 1 single door drinks display fridge (on loan from Lucozade), 3 double door glass fronted display units (used for beers), 4 display gondolas, 2 greeting card display stands, counter, 2 tills with EPOS scanning system, cigarette gantry (on loan). CCTV system with 13 cameras plus recording, burglar alarm system etc.

Rear office with tiled floor
Kitchen with fitted units
Staff cloakroom with w.c. and wash hand basin

Large rear storeroom with double door access

WE ARE INFORMED the turnover averages £10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newshill £800 p.w. Gross profit we are advised in the region of 22% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of approximately £100 p.w. The business also has Payzone and we understand this provides a further revenue of approx. £150 per month. In addition there is an ATM machine and we understand this provides a further revenue of approx. £160 per month.

We understand the premises are held on a secure renewable lease for a period of 20 years from the 10th January, 2003 at a rental of £14,000 p.a. exclusive of rates up to January, 2015 with rent to be agreed thereafter.

Uniform Business Rates: £4,330 p.a.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £150,000 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Location Details:
Situated in a parade, busy road, densely populated good residential area, with schools nearby, WEST MIDLANDS
Trading Hours:
Monday - Thursday inclusive - 7.30 a.m. - 10 p.m.
Friday & Saturday - 7.30 a.m. - 11 p.m.
Su
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