Convenience Store plus Off Licence in West Midlands For Sale

Situated end of parade on a busy main road, residential area, near primary school with real estates, solicitors & pizza takeaway nearby, WEST MIDLANDS

Turnover £ 8,000
Price £95,000

Features

Substantial Convenience Store and Off Licence with Parcels, Cash Point, Paypoint and National Lottery

TRIPLE FRONTED RETAILS SHOP in the region of 1,800 ft² WITH ELECTRIC SHUTTERS, laminated strip floor, suspended ceiling with LED Panel lights, sales counter, EPOS till, cigarette gantry, 3 x open cool display unit (3 metres), walls Ice Cream Freezer, modern adjustable shelving, CCTV system (12 cameras, 1 monitor).

2 Store room.

Staff Toilet with w.c. and wash hand basin.

Kitchen.

Basement in the region of 460 ft², not utilised.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,000 p.w. with a Gross profit of 22% approx.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

PARCEL SERVICES £65 per week approx.
NATIONAL LOTTERY £55 per week approx.
ADVERTISING £50 per week approx
ATM £25 per week approx.

Staff

The business is at present operated by the vendor with 1 full time staff employed.

Trading Hours

7 Day week
MONDAY - SATURDAY 8am - 11pm
SUNDAY 9am - 10.30pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows, at present let on a shorthold tenancy providing a rental income of £1,000 per month . The accommodation comprises:

3 Bedrooms (2 double, 1 Single).
Lounge.
Kitchen.
Shower room, w.c. and wash hand basin.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2023 with reviews every 5 years (next review 2028) at a current rent of £23,400 p.a.

Business Rates from April 2026 £1,570 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £95,000 plus STOCK AT VALUATION (£25,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 47,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote