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Reference G7889

Convenience Store in West Midlands For Sale

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

Turnover 600
Post Office 35,000
Price 60,000

Features

Newly Fitted Self Service Convenience Store, Full Free off Licence Plus Post office Local

DOUBLE FRONTED SALES SHOP recently refitted at considerable expense. Tiled floor, suspended ceiling with concealed lighting, modern shelving, 2 greeting card display stands, 4 Arneg cool display units, counter plus post office combination counter.

Turnover

WE ARE INFORMED the turnover in respect of the retail shop is currently in the region of 600 p.w. however in our opinion offers terrific potential for further development in the right hands. We are further advised that the post office income is currently in the region of 35,000 p.a.

Staff

The business is at present operated by 1 of the partners & no staff are employed.

Trading Hours

Monday - Friday inclusive - 8.30 a.m. - 6 p.m.
Saturday opening - 9 a.m. - 12.30 p.m.
NO SUNDAY TRADING
It will be appreciated upon inspection that there is potential for additional opening hours, if desired.

Tenure

We understand the premises are held on a secure renewable lease for a period of 5 years from June, 2017 at a rental of 6,600 p.a. exclusive of rates for the first 3 years with rent to be agreed thereafter.

RECOMMENDED FOR EARLY INSPECTION

Price

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS 60,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 30,000 (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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