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SUPERB POST OFFICE & CONVENIENCE STORE

Price:
Leasehold - £150,000
Seller Ref:
2688
Location:

West Midlands , Tipton

Business Type:

Retail businesses

See Other:
Convenience stores for sale in West Midlands
Post offices for sale in West Midlands
Retail businesses for sale in West Midlands
Description:
THE BUSINESS:
SUPERB POST OFFICE & CONVENIENCE STORE - WEST MIDLANDS
Busy high street location in Great Bridge, Tipton
Well presented and appointed throughout
Sale price includes all fixtures and fittings
Advised Post Office salary of £55,000pa
Ideal lifestyle change opportunity
Early interest is highly advised
Huge scope for future growth
Shop turnover of £2,000pw
Genuine reason for sale
LEASEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this superb leasehold opportunity which has a proud history dating back to the early 1960s. Since 1998 it has been owned and run by our clients who are only now placing it onto the market due to their strong desires for a lifestyle change. The convenience store achieves a very respectable advised weekly turnover of £2,000 which is derived from selling a good range of convenience style goods, foods, drinks and alcohols as well as providing full Post Office services which generates an annual salary of around £55,000. Our clients are very generously including all fixtures and fittings into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is a well established business situated in a high footfall area and we feel this opportunity provides a new owner with a solid base to build upon.
Location Details:
This superb leasehold Post Office and convenience store has an ideal trading location situated on the high street of Great Bridge which is part of Tipton in the West Midlands. The business benefits from having a wide selection of neighbouring shops and retailers which bring visitors and shoppers to the location throughout the year. There are also a few large supermarkets close by which also contribute to the areas high footfall and passing trade. Great Bridge has become a desirable business and residential area which has seen a good amount of redevelopment over the past few years. The area offers very easy access to Birmingham City and has close proximity to the M5 and the M6 motorways.
Lease Terms:
Leasehold Original length: 25 years Remaining: 12 years Rent: £7,200pa
Trading Hours:
Monday: 9:00am - 7:00pm Tuesday: 9:00am - 7:00pm Wednesday: 9:00am - 7:00pm Thursday: 9:00am - 7:
Accommodation:
Prime high street location Post Office with full shutter security, open plan retail display area with fitted serving counter, rear Post Office with 3 positions, rear private and secure office area with large storage room, toilet and kitchenette. GROUND FLOOR Highly visible front advertising signs and property sign with roller shutter security and secure entrance leading to: Open plan shop area with fitted serving/payment counter with displays and cash register, fitted wall shelving and racking, several free standing displays, 3 display chillers and central display island. Rear fitted Post Office counters with 3 positions Rear secure Post Office area with work space, large storage with racking and shelving, fitted safe, toilet with wash basin and kitchenette with worktops, wash basin, cupboards and drawers. EXTERNAL Main high street location with communal free of charge roadside parking
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