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Convenience Store in Birmingham For Sale

Convenience Store in Birmingham For Sale
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Register to see map and to make an appointment Residential area with a park nearby BIRMINGHAM BIRMINGHAM

Turnover 18,000
Price 165,000

Features

Spacious Self Service Convenience Store, Counter Newspapers, Confectionery, Tobacco, Full Free off Licence

Large forecourt to SPACIOUS SALES SHOP in the region of 1,600 sq. ft. sales area. Refurbished approximately 5 years ago. Tiled floor, suspended ceiling with concealed lighting. The equipment includes counter, 2 electronic cash register with scanning & back-up computer, 1-5.5m large cool display unit, 2-2.75m open cool display units, modern shelving, 2 display gondolas etc.

Small stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 18,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 130 p.w. (newspapers only).

Staff

The business is staff operated. 4 full time staff employed.
It will be appreciated upon inspection that with an active husbnd & wife team the wage bill could be reduced.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 10 p.m.
Sunday opening - 8 a.m. - 9.30 p.m.

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Large Lounge
Kitchen

Outside

Concrete yard at rear with container for storage purposes plus parking for 3 cars

Tenure

We understand the entire premises are held on a secure renewable lease, the present lease having approximately 11 years unexpired at a rental of 26,000 p.a. exclusive of rates for the next 2 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: 600 p.a. approx. (after small business relief)

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 165,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 82,500 (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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