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Reference G8518

Well Fitted Convenience Store & Post Office in Birmingham For Sale

Well Fitted Convenience Store & Post Office in Birmingham For Sale
Buy a Well Fitted Convenience Store & Post Office in Birmingham For Sale Sell a Well Fitted Convenience Store & Post Office in Birmingham For Sale Well Fitted Convenience Store & Post Office in Birmingham For Sale for Sale Well Fitted Convenience Store & Post Office in Birmingham For Sale for Sale

Register to see map and to make an appointment Situated in a parade, busy road, residential area BIRMINGHAM

Turnover 10,000
Post Office 70,000
Price 595,000

Features

Well Fitted Freehold Self Service Convenience Store, Counter News, Confectionery, Tobacco with Main Post office

The business has been in the same hands for the past 22 years

Forecourt with parking for 4 cars to -

SPACIOUS SALES SHOP in the region of 1,100 sq. ft. sales area, suspended ceiling with LED lighting & well equipped including counter, 2 tills with scanning system, combination post office, post office counter with anti-bandit screen (2 positions), modern shelving, greeting card display section, 2 centre display gondolas, 3-door glass fronted display deep freezer, 1-3.75m open cool display unit, ice cream display deep freezer, etc.

Large stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover currently averages 10,000 p.w. in our opinion there is terrific potential to introduce the sale of wines, beers & spirits, if desired & obviously subject to obtaining the necessary Premises & Personal Licence. Wholesale newsbill 400 p.w. Post office income 70,000 p.a. approx. (including ATM machine & on line national lottery). We are further advised that the sales year ending 5th April, 2019 showed 353,736 with a gross profit of 59,593 plus post income of 67,643 (including commission of 525) providing a total gross profit of 127,253.

Staff

At present operated by a husband & wife team with the assistance of 1 full time & 5 part time staff.

Trading Hours

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

Accommodation

The accommodation in the form of a SELF CONTAINED FLAT over, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, is currently let on a shorthold tenacy & provides a rental income of 120 p.w. however we understand that vacant possession can be given on completion if required. The accommodation comprises:

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

Outside

Rear access for deliveries

Tenure

AS STATED THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 22 YEARS.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 595,000 plus STOCK AT VALUATION
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 416,500 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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