Business for Sale in Wolverhampton, West Midlands - PREMIER CONVENIENCE STORE IN WOLVERHAMPTON - Leasehold: £90,000

Key Information

Ref
GOT33482K
Type
Retail Businesses: Convenience Stores
Location
England: West Midlands
Tenure
Leasehold
Status
For Sale
Weekly Sales
£8,000 Inc Vat
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Modern Convenience Store

Situated in a Good Residential Area of Wolverhampton

Retail Takings £8,000 per week

Plus Commission Income £5,000 per annum

Council Lease, Relatively Low Operating Costs

Leasehold Price £90,000

Description and Trade:

This modern Convenience Store has been in the present owner’s hands since around 2011. The Shop is fitted out to a high standard and offers for sale General Groceries, Beers, Wines and Spirits, Newspapers & Magazines, 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 Wolverhampton with unrestricted roadside car parking.

Premises:

The Business is situated in a parade of shops in a good residential area, and has easy roadside car parking for customers.

The Shop (around 870 sq. ft.) has a suspended ceiling and tiled floor. It is well fitted for the trade with double-sided gondola display shelving, wall shelving, ice cream freezer, news display shelving, chilled display cabinets, chest freezer, checkout counter with EPOS compatible cash registers.

Rear Stock Room and w.c.

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

Accommodation:

There is no living accommodation.

Comments:

This is a very attractive business in a good area with a consistent recent trading history.

Our Client Informs Us That:

Takings and Profitability:

The Business is taking, on average, £8,000 per week.

Commission Income of around £5,000 per annum is earned from the sale of National Lottery tickets, in-store ATM machine and PayZone electronic payments service.

The weekly newsbill is around £530, with some news delivery rounds in operation.

Trading Hours:

8.00am – 8.00pm Monday to Saturday.

8.00am – 6.00pm Sunday.

Staff:

The Business is family operated with the help of one part-time assistant.

Tenure:

The Premises are held on a renewable council lease. Present rent payable is £6,600 per annum.

Price:

£90,000 plus stock at valuation for the Lease, Business, Fixtures and Fittings.

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