Convenience Stores for sale in Solihull

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High Turnover Convenience Store Solihull West Midlands

Solihull, West Midlands, England

  • Leasehold Price: £139,950
  • Under Offer
  • Annual Turnover: £637,000
Seller Reference: 11142
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Business Description
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: 11142
Request Details
Business Description
A fantastic opportunity to purchase for the first time since 2001 a high turnover superbly located convenience store trading as Spar Store with national lottery wines & spirits in a small parade and opposite a very popular public house in rural Solihull. The gross takings are around £637,000 per year with a gross profit yield in the region of 25% plus income from lottery paypoint and an ATM machine. The premise comprises ground floor sales area 92.9sq.m (1,000sq.ft) approximately with rear stock room WC and office. There is separate access to the first floor with hallway with WC and boiler room fully fitted kitchen 2 x double bedrooms and lounge all with gas fired central heating. Outside large rear garden with garage and large lawned area vehicle access with parking space and to the front forecourt and side parking space. The property is secured on a lease with a rent of £8,000 per year. Hours 6.00am to 9.00pm Monday to Friday and 7.00am to 9.00pm Saturday and Sunday. Fabulous location great opportunity.
Trading hours:
6.00am to 9.00pm Monday to Friday and 7.00am to 9.00pm Saturday & Sunday
Tenure:
Leasehold
Location Details:
Located in a small parade opposite a popular public house approximately 2 miles from Solihull Town centre
Leasehold Term:
A 15 year lease from 2006 with a rent of £8,000 per annum
Listed by:
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