Convenience Store with Post Office in West Midlands For Sale

End of terrace property, excellent trading position, residential, office and commercial area, West Midlands.

Turnover £ 2,000
Post Office £ 35,000
Price £60,000

Features

Convenience Store with off Licence and Post office

6 DAYS OPENING

DOUBLE FRONTED PREMISES in the region of 900 ft² WITH ELECTRIC SHUTTERS, industrial non-slip floor, suspended ceiling with LED panel lights, sales counter, cash register, cigarette draw, open cool display unit, 2 x Coca-Cola fridge, Monster Fridge, modern adjustable shelving, CCTV system (10 cameras, 2 monitor).

Post Office Counter with anti-bandit screen. (3 positions), etc. to rear.

Toilet with w.c. and wash hand basin.

2 Store room

Turnover

WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. with a Gross profit of 35% approx.. POST OFFICE income in the region of £35,000 p.a. approx.

Staff

The business is at present operated by the lady vendor with the assistance of 1 part time staff.

Trading Hours

6 Day week (Licenced till 10pm)
MONDAY - FRIDAY 8.30am - 6pm
SATURDAY 8.30am - 2pm

Accommodation

THE SELF CONTAINED ACCOMMODATION with Gas Fired Central Heating. The accommodation comprises:

2 double Bedrooms.
Fitted Kitchen with open plan Dining Room.
Large Lounge.
Shower room with shower, w.c. and wash hand basin.

Outside

Large Rear yard with Parking space for 1 car & Garage.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in 2023 with reviews every 4 years (next review 2027) at a current rent of £12,000 p.a.

NIL Business Rates after full relief (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £60,000 plus STOCK AT VALUATION (£15,000 APPROX.)
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