Search more Convenience Stores for sale in West Midlands
Reference G6794

Convenience Store with Off Licence for sale in West Midlands

Convenience Store with Off Licence for sale in West Midlands

Location

Situated in a parade, residential area, WEST MIDLANDS

Features

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

SPACIOUS SHOP approximately 16.6m wide x 7.6m depth with 3 display windows plus entrance. Ceramic tiled floor, suspended ceiling, fluorescent lighting. The equipment includes counter, 2 tills (1 with EPOS scanning system), 2-3.75m open cool display units, 2 glass topped chest display deep freezes, 3 glass fronted fridges (owned) etc. ATM machine (owned), we understand charging the customer 1.25 per transaction generating 4,000 in commission.

Walk-in Freezer.
Stockroom with shelving
Staff cloakroom with w.c. and wash hand basin
Kitchen

To the rear of the shop with access to the shop is a large area we understand in the region of 800/1,000 sq. ft. Fully equipped as a kitchen area, non-slip floor, stainless steel cladding to walls, 4 gas cookers, Rational electric oven, 1 fridge, walk-in blast deep freezer, 3 stainless steel tables, 2 double & 1 single sink etc.

In our opinion the rear kitchen provides the opportunity for an additional business.

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 450 p.w. We are further advised that the gross profit is in excess of 20%. The business is also agents for the sale of on line national lottery tickets plus scratchcards and we understand this provides a commission of 60/70 p.w. The business also has an ATM machine and we understand this provides a commission of approximately 70 p.w. The business is also agents for DPD delivery & pick up parcel point & we understand this provides a commission of approximate 25 p.w.

Accommodation

The accommodation (split floor flat) available as an OPTIONAL EXTRA located above the shop:

3 Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Kitchen
Second Toilet

We understand the accommodation is available on a shorthold agreement at a rental of 540 per month.

Price

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 140,000 plus STOCK AT VALUATION (25,000/30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

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