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Convenience Store, Newsagent and Off Licence in Birmingham For Sale

Convenience Store, Newsagent and Off Licence in Birmingham For Sale
Buy a Convenience Store, Newsagent and Off Licence in Birmingham For Sale Sell a Convenience Store, Newsagent and Off Licence in Birmingham For Sale Convenience Store, Newsagent and Off Licence in Birmingham For Sale for Sale Convenience Store, Newsagent and Off Licence in Birmingham For Sale for Sale Convenience Store, Newsagent and Off Licence in Birmingham For Sale for Sale Convenience Store, Newsagent and Off Licence in Birmingham For Sale for Sale

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

Turnover 7,000
Price 225,000

Features

Freehold well Established Self Service Convenience Store, Mainly Counter News, Full Free off Licence Plus On Line National Lottery

Forecourt to SPACIOUS DOUBLE FRONTED SALES SHOP with electric shutters. Sales area probably in the region of 750 sq. ft. Tiled floor & well equipped included counter, 2 electronic cash registers, large glass topped chest display deep freezer, ice cream deep freezer, 4 double door glass fronted display fridges, modern shelving, centre display gondola. CCTV system with 9 cameras, monitor plus recording.

Stockroom
Small office
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 7,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 200 p.w. (mainly counter news sales - only 2 deliveries undertaken). Gross profit 24% approx. The business is agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of approximately 60 p.w. The business also has an ATM machine plus Western Union Money Transfer.

Staff

The business is at present operated by a lady vendor with the assistance of family help.

Trading Hours

Monday - Thursday inclusive - 10 a.m. - 10 p.m.
Friday & Saturday - 10 a.m. - 11 p.m.
Sunday opening - 12 noon - 10 p.m.

Accommodation

The accommodation with FULL GAS FIRED CENTRAL HEATING, comprises:

Fully fitted kitchen
Large Lounge/Dining Room
2 Bedrooms (1 double, 1 single)
Shower room with shower, w.c. & wash hand basin plus separate cloakroom with w.c. & wash hand basin

Stairs to large loft area comprising very large double bedroom with 2 doors

In our opinion this room could readily be split to be utilized as 2 double bedrooms.

Outside

Rear access

Tenure

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 11 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

Price

TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 225,000 plus STOCK AT VALUATION (25,000/30,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 157,500 (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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