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Convenience Store in Birmingham For Sale

Convenience Store in Birmingham For Sale
Buy a Convenience Store in Birmingham For Sale Sell a Convenience Store in Birmingham For Sale Convenience Store in Birmingham For Sale for Sale Convenience Store in Birmingham For Sale for Sale Convenience Store in Birmingham For Sale for Sale Convenience Store in Birmingham For Sale for Sale Convenience Store in Birmingham For Sale for Sale

Register to see map and to make an appointment Situated end of parade, excellent main road trading position, densely populated residential & commercial area & situated not far from a football ground, BIRMINGHAM

Price 39,500

Features

Well Established Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence

* Self Service Convenience Store with Full Free Off Licence

* Established 25 years

* Sought after Birmingham City

* Existing lease

* Accommodation included (7 rooms)

* Rent - 16,000

* No rates payable (at present)

Unique opportunity to lease this double fronted, busy Licensed Convenience Store on a busy main road close to residential area, factories, football ground, train station, schools and park. Situated at end of parade, nearby shop include fish and chip shop, pizza takeaway. There is plenty of parking space in front of shop for customers.

The store is well established for over 25 years and in the hands of the current owners since 2012 and now on the market due to relocating.

Excellent rent only 16,000 p.a. exclusive of rates for shop and flat above under a current renewable lease having 15 years remaining.

Uniform Business Rates: Nil payable at present after small business relief

The store was extensively refitted in 2014 with new shelving, counter, suspended ceiling etc. Shop comes with 2 stockrooms, staff toilet. Fully alarmed and has CCTV system throughout.

The store is Payzone appointed and with on-site cash machine (on contract), parcel service, Western Union and photo copier (on contract).

Included in the sale is 1 cigarette gantry with doors, 2 large double door beer fridges, 2 single door drinks fridge, 2 double door drinks fridge, 1 upright freeze, 1 large ice cream freezer and 2 open fridges. CCTV installed with 4 cameras, 2 electronic cash registers - 1 with EPOS system, brand new shelving, large magazine display shelving, news display stand, greeting card display stands etc.

Turnover

THE SHOP enjoys good turnover. It can be further increased by introducing national lottery, bus pass erminal & opening longer hours. (Shop licensed to open from 6 a.m. - 11 p.m. each day - scope to take 24 hour license from Council in fturure).

Staff

The business is operated by a husband & wife team & no staff are employed.

Trading Hours

Monday - Friday inclusive - 6 a.m. - 10 p.m.
Saturday opening - 10 a.m. - 9 p.m.
CLOSED SUNDAY

Accommodation

The FLAT currently used as owner accommodation. Can be rented for market value of 950 per month. The flat comprises:

Downstairs
Kitchen
Spare Room
Bathroom with bath, w.c.

First Floor
Living Room
4 Double Bedrooms plus 2 single bedrooms
Bathroom with bath, shower

Outside

Yard at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 15 years unexpired at a current rental of 16,000 p.a. exclusive of rates.

Uniform Business Rates: Nil payable at present after small business relief

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

REALISTICALLY PRICED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 39,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 19,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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