Wolverhampton Convenience Store with Post Office - 15.5k P/W Average!

We are pleased to present this modern recently refitted to a high specification convenience store situated on a busy main road in Wolverhampton, West Midlands.

Retail Takings £15,500 plus per week average

Plus post office salary of £60,000 including lottery commission.

Leasehold Price £210,000

Description and Trade:
This modern Convenience Store is fitted out to a high standard and offers for sale General Groceries, Beers, Wines and Spirits, Greetings Cards and Sundry Lines. The Business enjoys a consistent trading history and is situated in a very prominent location.

Premises:
The Shop (approx 1200 sq. ft.) has a suspended ceiling and tiled floor. It is well fitted for the trade with double-sided gondola display shelving, wall shelving, X2 Arneg Chillers (4m and 3m open chiller), X2 double door and single door stand upright freezers with a closed door dairy fridge, X2 EPOS tills, X1 post office combi counter and X2 Fortress counters.

Rear Stock Room leading to post office entrance and W.C.

The Premises are protected with roller shutters to front windows and CCTV system.

Accommodation:
There is no living accommodation.

Comments:
This is a very attractive business in a good area with a consistent trading history.

Our Client Informs Us That:

Takings and Profitability:
The Business is taking, on average, £15,500 per week average.

Plus post office salary of £60,000 including lottery commission.

Pay-zone and lottery are not included in the counter sales. The sales for this are in addition to the average sales of £15,500.

Trading Hours:
8.30am – 10.30pm Monday to Saturday.
9.00am – 10.00pm Sunday.

Staff:
The Business is staff operated with X2 full time post office staff and X3 full time shop floor staff

Tenure:
This is a leasehold business with a new lease option of 21 years.

Business rate: £8,700 PA

Rent: £25,000 PA

Price:
£210,000 plus stock at valuation (or near offer) for the Lease, Business, Fixtures and Fittings.

Please note, as this is a confidential sale, the true location of this shop has not been disclosed. Please contact us should you wish to know the exact store location.

Viewing is highly recommended, strictly via agent only.

Please note the average weekly sales of £15,500 are calculated as an average over 52 weeks