Convenience Store for sale in Tamworth

Tamworth, Staffordshire


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This business is marketed by

Nationwide Businesses Ltd View more business for sale by this agent

Situated on a residential estate, STAFFORDSHIRE

WE ARE INFORMED the turnover averages £5,000/£6,000 p.w. in our opinion offering tremendous potential for further increase in the right hands. Wholesale newsbill £250 p.w. Gross profit 20% approx. In addition the business is agents for National Lottery scratch cards only providing a commission of approximately £20 p.w. The business also has Paypoint plus an internal ATM machine which we understand provides a further revenue of approximately £20 p.w.

We understand the premises are held on a secure renewable Council lease, the present lease having approximately 6 years unexpired at a rental at present of only £2,724 p.a. exclusive of rates, with rent reviews every 5 years.

Uniform Business Rates: Nil payable at present after small business relief

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 4 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

RECOMMENDED FOR EARLY INSPECTION

Monday - Friday inclusive - 10 a.m. - 8 p.m.
Closing 1 p.m. - 2 p.m. for lunch
Saturday opening - 10 a.m - 8 p.m.
Sunday opening - 10 a.m. - 6 p.m.
In our opinion there is potential for additional opening hours, if desired

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £47,950 plus STOCK AT VALUATION (£15,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £47,950
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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