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Reference C8777

Off Licence and Convenience Store in Birmingham For Sale

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

Register to see map and to make an appointment Situated in a parade of 4 shops, residential area with school opposite BIRMINGHAM, WEST MIDLANDS BIRMINGHAM

Turnover 9,700
Price Offers / 320,000

Features

Full Free off Licence, Confectionery, Tobacco Slight Convenience Groceries

Electric shutters to DOUBLE FRONTED SALES SHOP approximately 570 sq. ft. sales area with tiled floor, modern shelving, 1-1.5m open cool display unit (used for wines & beers), 3 double door glass fronted display fridges (2 owned & 1 on loan) etc.

Stockroom
Staff w.c. & wash hand basin

Turnover

WE ARE INFORMED the turnover averages 9,700 p.w. in our opinion offering further potential to increase in the right hands.

Staff

The business is at present operated by a husband & wife team & no staff are employed.

Trading Hours

Monday - Saturday inclusive - 11 a.m. - 11 p.m.
Sunday opening - 11 a.m. - 10.30 p.m.

Accommodation

Front entrance to accommodation with FULL GAS FIRED CENTRAL HEATING.

First Floor
1 Double Bedroom
Shower room with shower, w.c. & wash hand basin
Lounge

Staircase to loft double bedroom

Outside

Small yard

Tenure

The vendor owns the freehold and subject to satisfactory references is prepared to grant a new 12 years full repairing and insuring lease in respect of the shop with living accommodation over at a rental of 13,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years. Alternatively should the accommodation not be required, the vendor is prepared to grant, subject to satisfactory references, a new 12 years full repairing and insuring lease in respect of the shop premises only at a rental of 9,000 p.a. exclusive of rates for the first 3 years with rent review at that time and thereafter every 3 years.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 20 YEARS AND THERE ARE GENUINE REASONS FOR SALE

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Price

OFFERS INVITED TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS plus STOCK AT VALUATION (20,000 approx)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 320,000 or near offer plus STOCK AT VAUATION (20,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT

Finance

Subject to status, you maybe able to borrow up to 224,000 (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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