Business for Sale in Tamworth, Staffordshire - LOCAL CONVENIENCE STORE IN TAMWORTH, STAFFORDSHIRE - Leasehold: £79,950

Key Information

Ref
GOT33753K
Type
Retail Businesses: Convenience Stores
Location
England: Staffordshire
Tenure
Leasehold
Status
For Sale
Weekly Sales
£7,000 Inc Vat
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Situated in a Residential Area of Tamworth

Retail Takings £7,000 per week

Plus Commission Income Around £6,000 per annum

Very Nicely Fitted Convenience Store

Leasehold Price £79,950

Description and Trade:

This modern Convenience Store has been in the present owner’s hands since 2016. 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 residential area of Tamworth with no nearby trading competitors and roadside car parking.

Premises:

The Business is situated in a prominent corner trading position, and has easy roadside car parking for customers.

The air conditioned Shop (around 790 sq. ft.) has a suspended ceiling. It is well fitted for the trade with double-sided gondola display shelving, wall shelving, ice cream freezer, chilled display cabinet, chest freezers, chilled drinks cabinets, checkout counter with EPOS cash registers.

Rear Stock Room, storage Cellar, Kitchen, Office and w.c.

The Premises are protected with CCTV system and a burglar alarm.

Accommodation:

There is no living accommodation.

Comments:

This is a very attractive business in an unopposed trading position.

Our Client Informs Us That:

Takings and Profitability:

The Business is taking, on average, £7,000 per week.

Substantial Commission Income of around £6,000 per annum is earned from the sale of National Lottery tickets, in-store ATM machine, PayPoint electronic payments service, Dry Cleaning agency and Hermes parcel service.

Trading Hours:

7.00am – 8.00pm Monday to Saturday.

9.00am – 8.00pm Sunday.

Staff:

The Business is owner operated with the help of three part-time assistants.

Tenure:

The Premises are held on a 25-year lease from 2016. Present rent payable is £10,500 per annum with 5-yearly review dates.

Price:

£79,950 plus stock at valuation for the Lease, Business, Fixtures and Fittings.

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