Business for Sale in Wednesbury, West Midlands - DESIRABLE SPAR CONVENIENCE STORE IN WEDNESBURY, WEST MIDLANDS - Freehold: £550,000

Key Information

Ref
GOT33756K
Type
Retail Businesses: Convenience Stores
Location
England: West Midlands
Tenure
Freehold
Status
For Sale
Weekly Sales
£15,000 Inc Vat
Accomodation
2 Bedrooms
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Well Fitted & Presented Store

c.1450 Square Foot Sales Area

Same Owner Since 2000

2 Bedroom Accommodation

Taking £15,000 per week

Plus Commission Income of £16,000 per annum

Freehold Price £550,000

Description and Trade:

A superbly presented business situated in a nice residential area. The prominent wide fronted store has the benefit of unrestricted customer roadside parking.

The trade is that of a comprehensive range of general grocery lines, news and off licence products, confectionery etc.

Premises:

The very attractive and expensively fitted Sales Area (c.1,450 square feet) has a suspended ceiling and concealed lighting, terrazzo type flooring, fully fitted wall shelving, three rows of double sided gondola shelving, and news display racking. There is lots of refrigeration and freezer equipment, greetings card display unit, serveover checkout with two cash points etc.

Leading to a Stock Room having a chest freezer and staff safe, an Office with a safe, a Kitchen with 4 hob cooker and microwave, and w.c. facilities.

Outside is a large enclosed yard having double gate entry for deliveries and parking, plus a further Stock Room.

Accommodation:

The self-contained accommodation is centrally heated and double glazed comprising: Lounge (4.8m x 3.9m); Kitchen; Bedroom 1 – double; Bedroom 2 – single; Bathroom.

If required the accommodation could easily be rented out for extra income.

Comments:

A spacious and well fitted Convenience Store operating under the Spar banner. It is fitted out to a very high standard and has been in the present owner’s hands since 2000. Viewing of this desirable store is highly recommended.

Our Client Informs Us That:

Takings:

Retail takings are around £15,000 per week, plus commission income of about £16,000 per annum i.e. lottery, paypoint, payzone, cash machine.

The weekly newsbill at cost is about £350, all being counter trade.

Trading Hours:

7.00am – 10.00pm Monday to Saturday

8.00am – 10.00pm Sunday

Tenure and Price:

£550,000 plus stock at valuation for the freehold property, business fixtures and fittings.

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