Business for Sale in Birmingham, West Midlands - SUPERIOR CONVENIENCE STORE - NORTH BIRMINGHAM - Leasehold: £350,000

Key Information

Ref
GOT33479K
Type
Retail Businesses: Convenience Stores
Location
England: West Midlands
Tenure
Leasehold
Status
For Sale
Weekly Sales
£25,000 Inc Vat
Accomodation
3 Bedrooms
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SUPERIOR CONVENIENCE STORE - NORTH BIRMINGHAM

Superbly Presented & Expensively Fitted

1,450 Square Foot Sales Area

Taking Around £25,000 per week plus Commission Income £23,000 per annum

3 Bedroom Accommodation

Leasehold Price £350,000

Description and Trade:

This superbly presented and expensively fitted store is situated in a busy local residential shopping area, having lots of frontage parking for customers.

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

Premises:

The very spacious and modern Sales Area (16.3m x 7.1m) has a suspended ceiling, terrazzo type flooring, fitted wall and double sided gondola shelving, and news display racking. Fixtures and fittings include four runs of refrigerated shelving, long run of refrigerated off licence shelving, run of self serve chest freezers, double upright freezer cabinet, ice cream freezer, greetings card display cabinets, air conditioning unit, serveover checkout with EPOS system and cash register etc. CCTV is installed.

Leading to a Kitchen/Office and separate w.c. facilities.

Comments:

An exceptional, high turnover business that has been in the present owner’s hands since 1986. Viewing is highly recommended to fully appreciate this business.

Accommodation:

The attractively presented and self contained accommodation is double glazed and centrally heated comprising: spacious Lounge/Dining Room (5.5m x 5.1m max); generously sized fully fitted Kitchen; Bedroom 1 – double with fitted wardrobes; Bedroom 2 – double with fitted wardrobes; Bedroom 3 – double (or Office); Bathroom with full bath and separate shower cubicle; secure Stock Room.

PLEASE NOTE: The present owner rents extra storage facilities, which would also be available to any purchaser if required.

Our Client Informs Us That:

Takings:

Retail takings are around £25,000 per week plus commission income of about £23,000 per annum from National Lottery, PayPoint, Payzone.

The weekly newsbill at cost is £750, all counter trade.

Trading Hours:

8.00am – 10.00pm Monday to Saturday

10.00am – 10.00pm Sunday.

Tenure:

Leasehold. A new lease will be offered at a commencing rent of £25,000 per annum for the business and accommodation.

Price:

£350,000 plus stock at valuation for the lease, business, fixtures and fittings.

Copyright © EMF Group Ltd 2017 Company No: 987654321 - VAT: 111 1234 56