Nationwide, Businesses brings to the market this SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE plus NATIONAL LOTTERY and A.T.M. Situated in a parade, residential area, WEST MIDLANDS.
SPACIOUS SHOP approximately 16.6m wide x 7.6m depth with 3 display windows plus entrance. Ceramic tiled floor, suspended ceiling, fluorescent lighting. The equipment includes counter, 2 tills (1 with EPOS scanning system), 2-3.75m open cool display units, 2 glass topped chest display deep freezes, 3 glass fronted fridges (owned) etc. ATM machine (owned), we understand charging the customer £1.25 per transaction generating £4,000 in commission.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
To the rear of the shop with access to the shop is a large area we understand in the region of 800/1,000 sq. ft. Fully equipped as a kitchen area, non-slip floor, stainless steel cladding to walls, 4 gas cookers, Rational electric oven, 1 fridge, walk-in blast deep freezer, 3 stainless steel tables, 2 double & 1 single sink etc.
In our opinion the rear kitchen provides the opportunity for an additional business.Turnover :
£8,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £450 p.w. We are further advised that the gross profit is in excess of 20%. The business is also agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of £60/£70 p.w. The business also has an ATM machine and we understand this provides a commission of approximately £70 p.w. The business is also agents for DPD delivery & pick up parcel point & we understand this provides a commission of approximate £25 p.w.
TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £85,000 plus STOCK AT VALUATION (£25,000/£30,000 approx).
SUBSTANTIAL LOAN 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.Lease : £85,000 (G6794)
Is accommodation included?:
The self contained accommodation (split floor flat) available as an OPTIONAL EXTRA located above the shop:
Bathroom with bath, w.c. & wash hand basin
We understand the accommodation is available on a shorthold agreement at a rental of £540 per month.Shared yard at rear