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Convenience Store and Off Licence in West Midlands For Sale

Convenience Store and Off Licence in West Midlands For Sale
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Register to see map and to make an appointment Situated in a parade of shops, main road trading position, residential area, WEST MIDLANDS

Turnover 7,000
Price 55,000

Features

Well Fitted Self Service Convenience Store, Full Free off Licence

Shared customers' car parking for the parade

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 900 sq. ft. sales area. Quality tiled floor, suspended ceiling with concealed LED lighting. The equipment includes 1-9m glass doored display unit (used for soft drinks, dairy produce & milk), 1-4m glass doored cool display unit (used for wines & beers), modern adjustable shelving, display gondolas, upright double door display deep freezer, counter, 2 touchscreen tills with scanning & printer etc.

2 Stockrooms
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 7,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. The sale of on line national lottery tickets plus scratch cards has recently been introduced, we understand the machine is rented & the commission at the present time is in the region of 15/20 p.w. The business has Paypoint. The business also operates a UPS parcel service which we understand provides a commission currently of approximately 150 per month.

Staff

At present operated by the vendor with the assistance of his wife on a part time basis plus 1 part time staff at weekends.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 11 p.m.
Sunday opening - 8 a.m. - 11 p.m.

Outside

Shared yard at rear

Tenure

We understand the premises are held on a new 15 years lease from September, 2018 at a rental of 20,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

Uniform Business Rates: 1,500 p.a. approx.

RECOMMEDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 55,000 plus STOCK AT VALUATION (in the region of 30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 27,500 (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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