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Convenience Store with Newsagents and Off Licence for sale in West Midlands

Buy a Convenience Store with Newsagents and Off Licence
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Reference : G5180

SELF SERVICE CONVENIENCE STORE, NEWS, CONFECTIONERY, TOBACCO, FULL FREE OFF LICENCE

       

No direct contact is to be made on the vendors instructions,
viewing is only via appointment only - Please register for free to see full location details
 

Location

Situated in a parade, main road trading position, with no parking problems, WEST MIDLANDS (Please register to make appointments and view addresses)

Turnover

WE ARE INFORMED the turnover averages £7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £1,300 p.w. Gross profit 22% approx.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £59,500 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £265,000 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Features

DOUBLE FRONTED MEDIUM SIZED SALES SHOP with tiled floor. Air Conditioned. Modern adjustable shelving, 1 glass topped chest deep freeze, 4 double door cool display units, counter, electronic cash register, 2 greeting card display stands with drawers. CCTV system with 4 cameras, 1 monitor plus recording etc.

Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin

Staff

The business is at present operated by a husband and wife team and no staff are employed. 4 morning newsboys employed. Delivery charge 50p/£1 p.w.

Opening Hours

Monday - Saturday inclusive - 5 a.m. - 10 p.m.
Sunday opening - 5 a.m. - 2 p.m. & 7 p.m. - 10 p.m.

Accommodation

The accommodation DOUBLE GLAZED and with FULL GAS FIRED CENTRAL HEATING, comprises:

3 Bedrooms (2 large doubles plus 1 additional double)
Bathroom with bath, w.c. and wash hand basin
Lounge
Separate Dining Room
Kitchen with fitted units

Outside

2 Single Garages at rear

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 16 years full repairing and insuring lease at a rental of £14,000 p.a. exclusive of rates for the first 4 years, with rent review at that time and thereafter every 4 years.

Uniform Business Rates: £1,000 p.a. approx. + water rates

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Reference : G5180

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Convenience Store with Newsagents and Off Licence for sale
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Newsagents
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Sports Shop
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