Nationwide brings to the market this FREEHOLD WELL ESTABLISHED SELF SERVICE CONVENIENCE STORE, MAINLY COUNTER NEWS, FULL FREE OFF LICENCE plus ON LINE NATIONAL LOTTERY. Situated in a parade, busy road, densely populated residential area, BIRMINGHAM.
Forecourt to SPACIOUS DOUBLE FRONTED SALES SHOP with electric shutters. Sales area probably in the region of 750 sq. ft. Tiled floor & well equipped included counter, 2 electronic cash registers, large glass topped chest display deep freezer, ice cream deep freezer, 4 double door glass fronted display fridges, modern shelving, centre display gondola. CCTV system with 9 cameras, monitor plus recording.
Staff w.c. & wash hand basinTurnover :
£7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £200 p.w. (mainly counter news sales - only 2 deliveries undertaken). Gross profit 24% 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 £60 p.w. The business also has an external ATM machine plus Western Union Money Transfer.
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £250,000 plus STOCK AT VALUATION (£25,000/£30,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (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)Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Freehold : £250,000 (G7571)
Is accommodation included?:
The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:
?Large Lounge/Dining Room
?Fully fitted kitchen
º One shower room with shower, w.c.
º One wash hand basin
?Two cloakrooms/storage rooms
?Three bedrooms (potential for four) comprising off:
º One Double
º One Single
º One large double loft room with two doors which can be converted into
two double bedrooms? Large outdoor area at the rear of the off licence with large secure gates which as thepossibility of parking one vehicle
A small convervatory outdoor area.