Around 1,570 Square Foot Sales Area
Retail Takings Over £14,000 per week, plus Services
Leasehold Price £35,000
CORPORATE DISPOSAL
Description and Trade:
A modern and established Convenience Store offering a selection of groceries, beers, wines and spirits together with confectionery, newspapers and magazines, benefiting from being a Lotto and E-Top Up outlet. Operating from modern very well fitted and equipped premises to include a host of refrigeration equipment and abundance of display shelving.
Premises:
The Business is situated in a prominent corner trading position close to West Bromwich town centre.
The Shop (around 1,570 sq. ft.) has a suspended ceiling and tiled floor. It is bright and very well-fitted for the trade with cold cabinets, chilled drinks cabinets, freezer displays, checkout counter.
With Stock Rooms; Loading Bay; Kitchen; W.Cs; and rear service area.
Business:
An established business operated by a multiple retail group, operating as a Convenience Store/Newsagents, retailing groceries, confectionery, cigarettes, beers, wines and spirits, tobacco/cigarettes, newspapers and magazines, greetings cards, crisps, snacks, soft drinks, the shop benefits from being a Lotto and E-Top Up outlet
Accommodation:
There is no living accommodation.
Comments:
An opportunity to acquire modern well fitted and equipped retail premises. An established business lending itself to improvement in the hands of new owner operators.
Takings and Profitability:
The Business achieves average retail takings of over £14,000 per week (ex services).
Commission Income is earned from the sale of National Lottery tickets, Amazon parcel locker, E Top- Ups and electronic payments services.
Staff:
This is a company owned store, and the staff are to be retained by a new owner.
Tenure:
The Premises are held on a lease until 2027. Present rent payable is £42,500 per annum.
Price:
£35,000 plus stock at valuation for the Lease, Business, Fixtures and Fittings.
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