Supermarket 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 on a busy road with commuter benefits include M6 & M5 linking to the Midlands motorway network, close to railway station, residential area with various schools

WE ARE INFORMED the turnover averages £13,000 p.w. in our opinion offering further potential to increse in the right hands. Wholesale newsbill £250/£300 p.w. We are further advised that the gross profit is in the region of 20%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards & we understand the commission received is in the region of £50/£60 p.w. The business also has a Parcel Collection & Delivery service providing further income of £60 p.w. The business also has Paypoint.

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 25 years full repairing and insuring lease at a rental of £20,000 p.a. exclusive of rates for the first 5 years with rent review at that time and thereafter every 5 years.

Uniform Business Rates: £9,000 p.a. approx.

RECOMMENDED FOR EARLY INSPECTION

7 a.m. - 10 p.m. seven days per week

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS £135,000 plus STOCK AT VALUATON (£30,000 approx)
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:
Newsagents
Off Licences
Supermarkets
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