Convenience Stores for sale in West Midlands

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WEST MIDLANDS - Convenience Store & Fruit & Veg Shop

West Midlands, England

  • Freehold Price: £300,000
  • Weekly Turnover: £4,500
Seller Reference: NB-G8174
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Business Description
 
 
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Seller Reference: NB-G8174
Request Details
Business Description
Nationwide, Businesses are proud to offer to the market FREEHOLD WELL ESTABLISHED SEMI-SELF SERVICE STORES, FRUIT & GREENS. Situated end of parade, densely populated residential area, BIRMINGHAM.

SPACIOUS SALES SHOP with 4 display windows approx. 900 sq. ft. sales area. Lino floor, suspended ceiling with concealed lighting. Well fitted including modern shelving. 2 upright double door glass fronted display fridges, 1 upright single door glass fronted display fridge, counter, electronic cash register, new 3 tier ice cream deep freeze, etc.

Large stockroom with storage fridge
Staff cloakroom with w.c. and wash hand basin

Turnover : WE ARE INFORMED the turnover aveages £4,500 p.w. in ou opiniion offering tremendous potential for further increase in the right hands. Gross profit 20/22% approx. The business has an external ATM machine which we understand provides a rental of £200 per month.

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £300,000 plus STOCK AT VALUATION (£18,000 approx)
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 : £300,000 (G8174)

www.NationwideBusinesses.co.uk

Tenure:
Freehold
Is accommodation included?:
The accommodation in the form of a SELF CONTAINED FLAT over fully DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING is at present let on a shorthold tenancy & provides a rental income of £450 per month, however we understand that vacant possession can be given on completion, if desired. The accommodation comprises:

2 Large Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen

In addition on the ground floor are 2 bedsitting rooms each with shower room with shower, w.c. & wash hand basin & kitchen area.

We understand that 1 of the bedsitting rooms is currently let & provides a rental income of £50 per week.Yard at rear with parking space for 3 cars
Listed by:
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