Convenience Stores for sale in Birmingham

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 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £55,000 Price Reduced Weekly Turnover: £5,500
Request Details
Business Description
NO PARKING RESTRICTIONS

SPACIOUS SALES SHOP probably in the region of 700 sq. ft. sales area. Air conditioning/heating unit. Fluorescent lighting. The equipment includes counter, electronic cash register, 2 large glass topped chest display deep freezers, 1 smalll chest display deep freezer, 1 open cool display unit, 2 double door glass fronted display fridges (including 1 on loan from Coca Cola), 1 single door glass fronted display fridge, greeting card display section.

Office
Stockroom with kitchen area
Staff w.c.

Residential area, BIRMINGHAM

• ACCOMMODATION INCLUDED

The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED & with ELECTRIC STORAGE HEATERS is at present let on a shorthold tenancy & provides a rental income of £120 per week, however we understand that vacant possession can be given on completion. The FLAT comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge/Dining Room
Fitted Kitchen

Turnover : £5,500 p.w. in our opinion offering tremendous potential for further increase especially with the introduciton of the sale of wines, beers & spirits, subject obviously to obtaining the necessary Premises & Personal Licence. Wholesale newsbill £700 p.w. Gross profit 20% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £120 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £55,000 plus STOCK AT VALUATION (£20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Lease : £55,000 (G7896)

www.NationwideBusinesses.co.uk

Trading Hours:
Monday - Saturday inclusive - 6 a.m. - 7 p.m.
Sunday opening - 7 a.m. - 1 p.m.

Number of Employees:
The business is at present operated by a husband & wife team & no staff are employed. 2 morning newsboys employed. Delivery charge 70p p.w.

Tenure: Leasehold

Number of bedrooms: 3

Accommodation Details:
The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED & with ELECTRIC STORAGE HEATERS is at present let on a shorthold tenancy & provides a rental income of £120 per week, however we understand that vacant possession can be given on completion. The FLAT comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge/Dining Room
Fitted KitchenLarge yard with parking

Location Details: Residential area, BIRMINGHAM

Listed by: Nationwide Businesses Ltd

Find out more about this business opportunity.

 
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G7896
Seller Reference:
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