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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

Register to see map and to make an appointment Situated in a parade, busy road, residential area, BIRMINGHAM BIRMINGHAM

Turnover 7,000
Price 40,000

Features

Self Service Convenience Store, News, Full Free off Licence

SINGLE FRONTED SALES SHOP in the region of 450 sq. ft. sales area with tiled floor, suspended ceiling, LED lighting. The equipment includes glass topped chest display deep freezer, 2 open cool display units, modern adjustable shelving, counter, till with EPOS scanning system. CCTV system with 8 cameras, monitor plus recording.

Stockroom with shelving
Staff w.c. & wash hand basin

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 300 p.w. The business has Payzone.

Staff

At present operated by the vendor with the assistance of 1 full time plus 1 part time causal. 1 newsrounds undertaken.

Trading Hours

Monday - Saturday inclusive - 6.30 a.m. - 10 p.m.
Sunday opening - 6.30 a.m. - 9 p.m.

Accommodation

Situated on the ground floor is a STUDIO FLAT, vacant at present, comprising:

Living Room/Bedroom with kitchen area
Shower room with shower, w.c. & wash hand basin

It will be appreciated upon inspection this accommodation could be sublet on a shorthold tenancy to provide a rental income, if desired.

The MAIN ACCOMMODATION in the form of a SELF CONTAINED FLAT is situated on the first floor has FULL GAS FIRED CENTRAL HEATING & is at present let on a shorthold tenancy & provides a rental income of 500 per month, however we understand that vacant possession could be given on completion, if required. The accommodation comprises:

2 Bedrooms (1 double, 1 small single)
Lounge
Bathroom with bath, w.c. & wash hand basin
Kitchen with fitted units

Outside

Yard at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 14 years unexpired at a current rental of 11,400 p.a. exclusive of rates with rent revisions.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 40,000 plus STOCK AT VALUATION (15,000/20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 20,000 (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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