Convenience Store with Off Licence in West Midlands For Sale

Situated in a parade, main road trading position, residential area, WEST MIDLANDS.

Turnover £ 9,000
Price £90,000

Features

Convenience Store and Off Licence

Customer car park to front.

SINGLE FRONTED PREMISES, in the region of 725 ft², WITH ELECTRIC SHUTTERS, CCTV (8 cameras), Industrial non slip flooring, suspended ceiling with LED lighting.

Sales counter, EPOS cash register, 2 double door fridges, 2 double door freezers, slush machine, vape cabinets, adjustable shelving, etc.

Store room.

Staff cloak room with toilet and wash hand basin

Second, smaller, stock room.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £9,000 p.w. with a Gross profit of 25% approx.

Staff

The business is at present operated by the Husband & Wife team with the assistance of 1 full time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 7 a.m. - 10 p.m.
SUNDAY 8 a.m - 1 .p.m

Outside

Rear parking for 2 vehicles.

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new SECURE RENEWABLE granted for 20 years in 2025 with reviews every 3 years at a rent of £12,000 p.a. for the first 3 years.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE NEW SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS OFFERS INVITED IN EXCESS OF £90,000 plus STOCK AT VALUATION

SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 45,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote