SPACIOUS DOUBLE FRONTED SALES SHOP probably in the region of 1,000 sq. ft. sales area with tiled floor, suspended ceiling with fluorescent lighting & fully equipped including counter, till with EPOS scanning system, 2 glass topped chest display deep freezers, 1 upright deep freezer, ice cream deep freezer, 2-2.75m open cool display units, modern adjustable shelving etc.
Turnover : £10,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £300 p.w. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £50 p.w. The business also has Paypoint which we understand provides a further commissiion of approximately £50 p.w. There is also an internal ATM machine which we understand provides a further revenue of approximately £60 p.w.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £80,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
OR COMPLETE WITH THE VALUABLE LEASEHOLD PROPERTY (APPROXIMATELY 160 YEARS UNEXPIRED AT A GROUND RENT OF ONLY £240 P.A. FIXED), GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION (£25,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.
Number of Employees:
At present staff operated. 2 full time plus 1 part time staff employed.
It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.
Tenure: Freehold, Leasehold
Number of bedrooms: 4
The accommodation comprises:
2 x SELF CONTAINED FLATS each with FULL GAS FIRED CENTRAL HEATING, at present let & providing a rental income of £450 per month each, however we understand that vacant possession can be given on completion, if required. Each flat comprises:
2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge with fitted kitchen areaService area at rear of parade providing shared car parking
Location Details: Situated in a parade, residential area, BIRMINGHAM
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