Busy Convenience Store in Wednesfield West Midlands
Price:
Freehold - £160,000
Leasehold - £65,000
Location:
West Midlands , Wednesfield
Business Type:
Retail businesses
Preferred Commercial is delighted to offer for sale this busy convenience store, which was established by our client in 2004 and which is only now offered to the market due to our client's ill health. The business trades 7 days a week and generates a turnover in the region of £234,000 per annum with a gross profit of 25%. Wood End News offers general CTN lines, convenience lines, alcohol, the Health Lottery, PayPoint and Payzone facilities and newspaper rounds. We feel the turnover could be further increased by extending the range of products available, such as fruit and veg and hot and cold snacks. The business has a loyal customer base and enjoys much repeat trade from the locale. The premises are well-equipped to suit the trade and have been finished to a high standard throughout. To the first floor is a self-contained 2-bedroom flat, which is let out to generate an additional income of £80 per week. This is an ideal opportunity to acquire an already busy convenience store with a 2-bedroom self-contained flat and scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.
Wood End News occupies substantial 2-storey premises, ideally located in a densely populated residential area of Wednesfield, West Midlands. The premises benefit from ample off-street parking and are surrounded by a variety of complementary shops and businesses. Wednesfield town centre is just a short distance away and boasts a number of amenities. The area is well-served by public transport with a number of bus stops within easy walking distance and the railway station just over 2 miles away. The town is a desirable place in which to live and work and is popular with commuters due to its excellent road links across the region. Wolverhampton city centre lies 3 miles away, while Birmingham is approximately 14 miles away.
Mon - Sat: 7:00am to 6:30pm
Sun: 7:00am to 2:00pm
Substantial 2-storey mid-parade retail premises with 2-bedroom owners' accommodation. Briefly comprising:
Ground Floor
• Retail area with shelving to perimeter walls, 2 x aisle display units, greetings card display, 3 metre news/magazine rack, open chiller, double 'Coca Cola' drinks chiller, 2 x freezers, ATM, double 'Lucozade' chiller, double 'Pepsi' chiller, counter with electronic cash register and tobacco gantry
• Store room to rear
• WC with wash hand basin
First Floor
• 2-bedroom flat with lounge, kitchen and bathroom
External
• Shared car park to front
• Enclosed rear garden
North Yorkshire
£ 750,000
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