Business for Sale in Wolverhampton, West Midlands - SUPERIOR CONVENIENCE STORE IN WOLVERHAMPTON - Leasehold: £69,950

Key Information

Ref
GOT32891K
Type
Retail Businesses: Convenience Stores
Location
England: West Midlands
Tenure
Leasehold
Status
For Sale
Weekly Sales
£7,000 Inc Vat
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Call us on 01543 411036

Modern & Well Fitted Store

1,000 Square Foot Sales Area plus Other Spacious Ground Floor Rooms

Good Residential Area

Same Owner Since 1991

Leasehold Price £69,950

Description and Trade:

This well fitted and attractively presented business is situated on a busy road in a nice residential area. It has frontage parking and operates under the ‘Lifestyle Express’ banner.

The trade is that of general groceries, news and off licence products etc. It also has the benefit of being a National Lottery outlet.


Premises:

The modern and well fitted Sales Area (c.1000square foot) is fully fitted with wall shelving, two runs of double sided gondola shelving, news display racking, and run of refrigerated drinks shelving. Fixtures and fittings include refrigerated dairy products cabinet, upright drinks chiller, large self-serve chest freezer, two ice cream freezers, four greetings card display units, serveover checkout with cash register. There is an alarm system and CCTV installed.

Leading to a spacious Lounge (8.0m x 3.3m), Kitchen/Dining Room, large Garage (10.8m x 3.6m), w.c. facilities.

There is also an enclosed yard/garden.

Comments:

A well-established business having a desirable trading location that has been in the present owner’s hands since 1991.

Our Client Informs Us That:

Takings:

Retail takings are around £6,500/£7,000 per week, plus commission income of about £3,300 per annum from national lottery and payzone.

The weekly newsbill at cost is around £650

Trading Hours:

6.00am – 9.00pm Monday to Sunday

Tenure:

Leasehold. A new negotiable term lease, with 3 yearly reviews, will be offered, at a commencing rent of £10,000 per annum for the business premises and other downstairs areas.

Price:

£69,950 plus stock at valuation for the business, lease, fixtures and fittings.

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