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Reference G8211

General Store & Off Licence in West Midlands For Sale

General Store & Off Licence in West Midlands For Sale
General Store & Off Licence in West Midlands For Sale Buy a General Store & Off Licence in West Midlands For Sale Sell a General Store & Off Licence in West Midlands For Sale General Store & Off Licence in West Midlands For Sale for Sale

Register to see map and to make an appointment Situated in a parade, main road trading position, residential area WEST MIDLANDS

Price 110,000

Features

Self Service Convenience Store, Full Free off Licence

SPACIOUS DOUBLE FRONTED SALES SHOP in the region of 1,000 sq. ft. sales area with non-slip, suspended ceiling with concealed lighting. The equipment includes counter, 2 electronic cash registers, 1 large open cool display unit, 2 double door glass fronted display fridges, modern adjustable shelving, centre display gondola etc.

Large stockroom
Staff room
Kitchen
Staff w.c. & wash hand basin

Turnover

WE UNDERSTAND the vendor enjoys a good turnover, full details of which will be discussed on inspection. The business is agents for the sale of on line national lottery tickets plus scratch cards and also has Paypoint.

Staff

The business is at present operated by the vendor with the assistance of his son. No staff employed.

Trading Hours

Monday - Saturday inclusive - 11 a.m. - 11 p.m.
Sunday opening - 11.30 a.m. - 10.30 p.m.

Accommodation

Although the business is a Lock-up, it may be possible to rent a self contained 2/3 bedroom flat at terms and rent to be agreed from the present owner.

Outside

Small yard

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant in respect of the ground floor shop a new 12 years full repairing and insuring lease at a rental of 19,800 p.a. exclusive of rates for the first 4 years with rent review at that time and thereafter every 4 years.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2005 AND IS NOW SOLELY OFFERED FOR SALE DUE TO RETIREMENT

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 110,000 or near offer plus STOCK AT VALUATION (50,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 55,000 (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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