Convenience Stores for sale in Birmingham

View the "Well Fitted Convenience Store & Post Office in West Midlands" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Well Fitted Convenience Store & Post Office in West Midlands

Birmingham, West Midlands, England

  • Freehold Price: £595,000
  • 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. 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 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, 2019 showed £353,736 with a gross profit of £59,593 plus post income of £67,643 (including commission of £525) providing a total gross profit of £127,253.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £595,000 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 : £595,000 (G8518)

www.NationwideBusinesses.co.uk

Tenure:
Freehold
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
Listed by:
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