Nationwide are proud to offer to the market WELL FITTED FREEHOLD SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO with MAIN POST OFFICE. 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.
Staff w.c. & wash hand basinTurnover :
WE ARE INFORMED the turnover currently averages £10,000 p.w. in our opinion there is terrific potential to introduce the sale of wines, beers & spirits, if desired & obviously subject to obtaining the necessary Premises & Personal Licence. 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.
TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £570,000 plus STOCK AT VALUATION
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
Fitted KitchenRear access for deliveries