Convenience Store for sale in West Midlands

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, residential area, WEST MIDLANDS

WE ARE INFORMED the turnover averages £5,000/£5,500 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £350 p.w. Gross profit 21% approx.

We understand the premises are held on a secure renewable lease, the present lease having approximately 4½ years unexpired at a rental of £16,980 p.a. exclusive of rates up to December, 2017 with rent to be agreed thereafter.

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

RECOMMENDED FOR EARLY INSPECTION

The accommodation in the form of a SELF CONTAINED FLAT over with FULL GAS FIRED CENTRAL HEATING, comprises:

2 Double Bedrooms
Bathroom with bath, w.c. & wash hand basin
Lounge
Small kitchen with fitted units

Monday - Saturday inclusive - 7 a.m. - 9 p.m.
Sunday opening - 8 a.m. - 9 p.m.

TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £37,500 plus STOCK AT VALUATION (£6,000/£8,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

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business information

Sale price: £37,500
Tenure : Leasehold
Status: Available
Sectors:
Convenience Stores
General Stores
Off Licences
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