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Reference G8641

Ultra Modern Convenience Store in West Midlands For Sale

Ultra Modern Convenience Store in West Midlands For Sale
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Register to see map and to make an appointment Situated end of parade on a busy main road, residential area, near primary school with real estates, solicitors & pizza takeaway nearby, WEST MIDLANDS

Turnover 700
Price 35,000

Features

Ultra Modern Convenience Store / Supermarket

PARKING IN FRONT OF SHOP (Free for first 2 hours)

PREMISES 774.8ft (71.98M)

DOUBLE FRONTED PREMISES WITH ELECTRIC SHUTTERS. Air conditioning with hot air. Suspended ceiling with concealed lighting, vinyl floor. Sales counter, all new modern shelving, tillpoint with EPOS system, 2 new open long chillers, 1 new 2-door freezer 4 CCTV cameras - IP monitoring with in-shop & remote monitoring, high brightness monitor for advertising.

2 Stock rooms
Office
Staff toilet with w.c. and wash hand basin

Basement, used for storage purposes.

Turnover

WE ARE INFORMED by the owner the turnover currently on week 3 averages 700 p.w. with a Gross profit of 22% approx. The owner feels the business has potential to increase to 8,000 + per week

Staff

The business is at present operated by 2 partners with the assistance of 1 part time staff.

Trading Hours

7 Day week
Monday - Saturday inclusive - 8am - 8pm
SUNDAY 10am - 7pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDORS that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 5 years in 2020 with reviews every 3 years (next review 2023) at a current rental of 9,000 p.a. exclusive of rates.

Uniform Business Rates: Nil after full relief (Please contact local authority to confirm)

THE SHOP WAS DEVELOPED TO THE STANDARDS TO SELL TO AN OWNER WHO WOULD APPRECIATE A NEWLY DEVELOPED MODERN CONVENIENCE STORE IN THIS BUSY AREA.

MUST BE SEEN TO BE FULLY APPRECIATED

REALISTICALLY PRICED FOR EARLY SALE

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS 35,000 plus STOCK AT VALUATION (11,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to 17,500 (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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