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Convenience Store and Off Licence in Tipton For Sale

Convenience Store and Off Licence in Tipton For Sale
Buy a Convenience Store and Off Licence in Tipton For Sale Sell a Convenience Store and Off Licence in Tipton For Sale

Register to see map and to make an appointment Situated in a parade, WEST MIDLANDS TIPTON

Turnover 6,000
Price 29,500

Features

Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free off Licence Plus Lottery

Car parking spaces for 5 to 6 cars
Free parking to front of the shop

DOUBLE FRONTED SALES SHOP in the region of 450 sq. ft. sales area with fluorescent lighting. The equipment includes 2 chest deep freezers, 1 ice cream deep freezer, 1 double door glass fronted display fridge, 2 open cool display chillers, till with scanning system, shelving, 16 camera with high quality DVR etc.

Stockroom
Kitchen
Staff w.c. & wash hand basin
Large Warehouse with separate door

Turnover

WE ARE INFORMED the turnover average 6,000 p.w. in our opinion offering further potential to increase in the right hands. We also understand that commission for on line Lottery and scratch cards in the region of 60 - 80 p.w. We are further advised that the gross profit is in the region of 20%.

Staff

At present operated by the owners with the assistance of 1 staff on Sunday.

Trading Hours

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 8 a.m. - 9 p.m.

Tenure

We understand the premises are held on a secure renewable lease, the present lease having approximately 9 years unexpired at a rental of 6,300 p.a. exclusive of rates for the next 4 years with rent to be agreed thereafter.

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

RECOMMENDED FOR EARLY INSPECTION

REDUCED FOR EARLY SALE

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 29,500 plus STOCK AT VALUATION (20,000/22,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 14,750 (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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