Convenience Stores for sale in West Midlands

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WEST MIDLANDS - Convenience Store

West Midlands, England

  • Leasehold Price: £149,000
  • Weekly Turnover: £15,000
Seller Reference: NB-G8253
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Business Description
 
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Seller Reference: NB-G8253
Request Details
Business Description
Nationwide, Businesses are proud to offer to the market SELF SERVICE CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE. Situated in a parade of shops, residential area BIRMINGHAM.

SPACIOUS SINGLE FRONTED SALES SHOP in the region of 1,400 sq. ft. sales area with laminated strip floor, suspended ceiling with concealed lighting & fully equipped including 7m cool display unit with glass fronted doors (used for wines, beers & soft drinks), 1-3.75m open cool display unit (used for dairy produce & milk), shelving, 2 electronic cash registers, counter etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover : WE ARE INFORMED the turnover currently averages £15,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £500 p.w. We are further advised that the gross profit is in the region of 20%. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately £180 p.w. The business also has Paypoint which we understand provides a further commission in the region of £20 p.w.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £149,000 plus STOCK AT VALUATION (£40,000 approx)
SUBSTANTIAL LOAN 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.Lease : £149,000 (G8253)

www.NationwideBusinesses.co.uk

Tenure:
Leasehold
Is accommodation included?:
The SPACIOUS accommodation DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

4 Double Bedrooms
Bathroom with bath, shower over bath, w.c. & wash hand basin
Large Lounge
Kitchen with fitted unitsSmall yard
Listed by:
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