Convenience Store for sale in Birmingham

Birmingham, West Midlands


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated in a parade, busy road, large residential area, WEST MIDLANDS

WE ARE INFORMED the turnover averages £13,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. We are further advised by the vendor the gross profit is in excess of 20%. The business is also agents for the sale of on line national lottery tickets plus scratch cards & we understand this provides a commission of on averages £150 p.w. The business also has Western Union.

We understand the premises are held on a secure renewable lease from a private landlord, the present lease having approximately 15 years unexpired at a current rental of £39,000 p.a. exclusive of rates. (We are further advised that the rent reviews are every 5 years).

Uniform Business Rates: £10,000 p.a. approx.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 12 YEARS AND IS NOW SOLELY OFFERED FOR SALE DUE TO THE VENDOR'S ILL HEALTH.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

Monday - Saturday inclusive - 7.30 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 5 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURE & FITTINGS £135,000 plus STOCK AT VALUATION (£60,000 approx. can be reduced).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £135,000
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
Supermarkets
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