Convenience Stores for sale in Birmingham

View the "Well Established Family Business for Lease - Newsagent, Off Licence & General Convenience" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: Offers Invited
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Business Description
For sale the lease of Sall’s News & Off Licence. Comprising of a ground floor retail unit offering approx. 1100 sq. Ft. Of retail and storage space. A long standing family run business for nearly 40 years, now offered for sale, situated in a busy location.

Trading information

This is a well-established family run business with a regular customer base and has additional Payzone transactions of between £2,000 - £3,000 per week & lottery transactions of £1000 per week.

The business was totally refurbished 3 years ago, with new refrigerators and new fixtures and fitting throughout.

Accounting information will be made available to interested parties who have formally viewed.

Tenure

A new lease is available on flexible terms with a quoting rent of £12,000 per annum.

Purchase price

Offers in the region of £100,000 subject to contract.

VAT

All prices and figures quoted are exclusive of any VAT that may be applicable.

Business rates

We are advising that the rating assessment from April 1st 2017 is:

Rateable value: £15,000

We recommend that interested parties should make their own enquiries with the local authority.
Trading Hours:
Sunday – Thursday 8am – 10pm
Friday & Saturday 8am – 11pm

Tenure: Leasehold

Support & Training:
We can provide support to the successful owner a week or two before the sale.

Location Details:
Handsworth Wood is an inner city area of North West Birmingham lying just outside the city centre.

The property itself is located in a densely populated residential area amongst a cluster of other retail shops including a post office, Betting Shop and a variety of take away restaurants and eateries.

Find out more about this business opportunity.

 
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Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?
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PAX01295716553
Seller Reference:
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