Business for Sale in Birmingham, West Midlands - MODERN CONVENIENCE STORE IN HALL GREEN, BIRMINGHAM - Leasehold: £150,000

Key Information

Ref
GOT33493K
Type
Retail Businesses: Convenience Stores
Location
England: West Midlands
Tenure
Leasehold
Status
For Sale
Weekly Sales
£11,000 Inc Vat
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Situated in a Good Residential Area of Birmingham

Retail Takings £11,000 per week

Plus High Commission Income Around £13,000 per annum

New Negotiable Lease, Price £150,000

Description and Trade:

This modern Convenience Store has been in the present owner’s hands for many years. The Shop is fitted out to a high standard and offers for sale General Groceries, Beers, Wines and Spirits, Newspapers, Greetings Cards and Sundry Lines. The Business enjoys a consistent trading history and is situated in a local parade of shops in a good residential area of Birmingham with unrestricted roadside car parking.

Premises:

This superb Convenience Store is situated in a busy parade of shops in a good residential area, and has easy roadside car parking for customers.

The spacious Shop (over 1,500 sq. ft.) is very well fitted for the trade with double-sided gondola display shelving, wall shelving, ice cream freezers, chest freezers, dairy deck, chilled drinks cabinets, greetings cards stand, coffee machine, checkout counter with cash register.

Rear Stock Rooms; Office; w.c.

The Premises are protected with roller shutters to front windows, burglar alarm and CCTV system.

Accommodation:

Living accommodation may be available by negotiation.

Comments:

This is a very attractive business in a good residential area with high profits and a consistent recent trading history

Viewing is Highly Recommended.

Trading Hours:

8.00am – 9.00pm each day.

Staff:

The Business is operated by family members.

Our Client Informs Us That:

Takings and Profitability:

The Business is taking, on average, around £11,000 per week.

Commission Income of around £13,000 per annum is earned from the sale of National Lottery tickets, in-store ATM machine and PayPoint electronic payments service.

Tenure:

The Premises are offered with a new negotiable-term lease. Commencing rent £25,000 per annum with 3-yearly review dates.

Price:

£150,000 plus stock at valuation for the new Lease, Business, Fixtures and Fittings.

Copyright © EM & F Group Limited 2018 - Company No: 03035561 - VAT: 631 4000 02