Convenience Stores for sale in Birmingham

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Well Fitted Convenience Store & Post Office in West Midlands

Birmingham, West Midlands, England

  • Freehold Price: £570,000  Price Reduced arrow_drop_down
  • Weekly Turnover: £10,000
Seller Reference: NB-G8518
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Business Description
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Seller Reference: NB-G8518
Request Details
Business Description
Nationwide are proud to offer to the market WELL FITTED FREEHOLD SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO with MAIN POST OFFICE. We understand an Alcohol Licence has recently been granted - 7 a.m. - 11 p.m. not currently utilised. Situated in a parade, busy road, residential area BIRMINGHAM.

The business has been in the same hands for the past 22 years

Forecourt with parking for 4 cars to -

SPACIOUS SALES SHOP in the region of 1,100 sq. ft. sales area, suspended ceiling with LED lighting & well equipped including counter, 2 tills with scanning system, combination post office, post office counter with anti-bandit screen (2 positions), modern shelving, greeting card display section, 2 centre display gondolas, 3-door glass fronted display deep freezer, 1-3.75m open cool display unit, ice cream display deep freezer, etc.

Large stockroom
Staff w.c. & wash hand basin

Turnover : WE ARE INFORMED the turnover currently averages £10,000 p.w. in our opinion there is terrific potential for the sale of wines, beers & spirits, if desired. Wholesale newsbill £400 p.w. Post office income £70,000 p.a. approx. (including ATM machine & on line national lottery). We are further advised that the sales year ending 5th April, 2020 showed £359,882 with a gross profit of £65,107 plus post income of £66,249 (including commission of £115) providing a total gross profit of £131,356.

SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Freehold : £570,000 (G8518)

Is accommodation included?:
The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is currently let on a shorthold tenacy & provides a rental income of £120 p.w. however we understand that vacant possession can be given on completion if required. The accommodation comprises:

3 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Fitted KitchenRear access for deliveries
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