Convenience Stores for sale in Smethwick

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Mr & Mrs Neville (Sept 2013)
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Freehold Price: £255,000 Price Reduced Annual Turnover: £80,000
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Business Description
Great opportunity to purchase a mid terraced 3 storey brick built retail shop with separate 3 bedroom accommodation with gas fired central heating for sale freehold. The premise has been in the same owners hands since 1989 and has been operating as a newsagents business for many years. Takings average £1,200 per week with a gross profit yield of 20%. Income of £17,250 per year is also earned from commissions from money transfers the National Lottery Moneygram ETC. The property which is situated on the A4092 is opposite The Windmill Shopping Centre and briefly comprises ground floor sales shop 37.16 sq.m (400 sq.ft) approximately with rear rest/store room WC kitchen and to the first floor separate entrance flat with kitchen bathroom double bedroom front lounge and to the second floor double bedroom and single bedroom. Outside there is a rear yard. Freehold property on busy main road approximately 3 miles from Birmingham city centre.
Trading Hours:
6.00am to 6.00pm Monday to Saturday

Tenure: Freehold

Support & Training:
Full support and training will be given to any new owner

Location Details: The property is located on Cape Hill Smethwick

Listed by: Hurdley and Co
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