Around 1,570 Square Foot Sales Area
Retail Takings Over £14,000 per week, plus Services
Leasehold Price £35,000
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.
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.
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
There is no living accommodation.
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.
This is a company owned store, and the staff are to be retained by a new owner.
The Premises are held on a lease until 2027. Present rent payable is £42,500 per annum.
£35,000 plus stock at valuation for the Lease, Business, Fixtures and Fittings.