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Convenience Store in Walsall For Sale

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

Register to see map and to make an appointment Situated in a parade of shops, residential area, WEST MIDLANDS WALSALL

Turnover 2,500
Price 20,000

Features

Self Service Convenience Store, Full Free off Licence

Sales area in the region of 400/450 sq. ft. with non-slip floor, suspended ceiling with concealed lighting. The equipment includes 1-3.75m open cool display unit, 1-2.5m open cool display unit, 1-1.5m open cool display unit, modern shelving, counter, electronic cash register etc.

Stockroom

First Floor
Large stockroom 14' x 20' plus bathroom with bath, w.c. & wash hand basin

In our opinion there is potential to develop the first floor into 1 bedroom accommodation, subject to obtaining the landlord & council approval

Turnover

WE ARE INFORMED the turnover averages 2,500 p.w. in our opinion offering further potential to increase in the right hands. Gross profit 20% approx.

Staff

At present operated by a husband & wife team & no staff are employed.

Trading Hours

Monday - Saturday inclusive - 8 a.m. - 6 p.m.
NO SUNDAY TRADING

Outside

Yard at rear

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 10 years unexpired at a rental of 8,400 p.a. exclusive of rates for the next 1 year with rent review at that time and thereafter every 3 years.

Uniform Business Rates: Nil payable after small business relief

RECOMMENDED FOR EARLY INSPECTION

Price

OFFERS INVITED TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 20,000 plus STOCK AT VALUATION (6,000/7,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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