Convenience Stores for sale in Solihull

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High Turnover Convenience Store Solihull

Solihull, West Midlands, England

  • Leasehold Price: £89,950  Price Reduced arrow_drop_down
  • Annual Turnover: £598,000
Seller Reference: 11097
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: 11097
Request Details
Business Description
High turnover convenience store with wines & spirts located in a fantastic residential area of Solihull close to the local schools and in a small parade of shops. Gross takings average £11,500 per week with a gross profit yield of 23%. Weekly newsbill at cost £2,000 with 5 rounds. Extra income from Lotto/Paypoint & Hermes averages around £220.00 per week. The premise briefly comprises ground floor sales shop 1,000 sq.ft approximately with rear stock room and WC. Internal stairs lead to first floor kitchen lounge bedroom and bathroom with gas central heating. Outside to the front forecourt with parking for 2 vehicles and rear yard with vehicle access and one parking space. The whole property is secured on a 20 year lease with a rent of 14,000 per annum. The business operates under the Nisa brand and offers any new owner a very good income.
Trading hours:
5.30am to 8.00pm Monday to Saturday and 6.00am to 7.00pm Sunday
Number of employees:
3 part time staff
Tenure:
Leasehold
Support and Training:
Full support and traing will be given to any new owner
Location Details:
Located in a parade of shops in Shirley Solihull
Leasehold Term:
20 year lease from 2012 with a rent of £14,000 per year
Listed by:
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