Business for Sale in Birmingham, West Midlands - PREMIER CONVENIENCE STORE – NEW OSCOTT, BIRMINGHAM - Leasehold: £160,000

Key Information

Ref
GOT33759K
Type
Retail Businesses: Convenience Stores
Location
England: West Midlands
Tenure
Leasehold
Status
For Sale
Weekly Sales
£15,000 Inc Vat
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Local Convenience Store

Situated in a Residential Area of Birmingham

Retail Takings £14,000 to £15,000 per week

Plus Commission Income Around £6,000 per annum

Very Nicely Fitted Convenience Store

Leasehold Price £160,000

Description and Trade:

This modern Convenience Store has been in the present owner’s hands since 2009. 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 Birmingham with no nearby trading competitors and roadside car parking.

Premises:

The Business is situated in an unopposed trading position in a residential area, and has easy roadside car parking for customers.

The very well presented and modern Shop (around 1,250 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, chilled display cabinets, chest freezers, chilled drinks cabinets, checkout counter with EPOS cash registers.

Rear Kitchen/ Rest Room, Storage Cupboard, secure Stock Room and w.c.

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

Accommodation:

There is no living accommodation.

Comments:

This is a very attractive business with High Sales and Profits in an unopposed trading position.

Potential exists to maximise sales and profits by extending opening hours in the evenings.

Our Client Informs Us That:

Takings and Profitability:

The Business is taking between £14,000 and £15,000 per week.

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

Trading Hours:

7.30am – 8.00pm Monday to Saturday.

8.30am – 8.00pm Sunday.

Staff:

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

Tenure:

The Premises are held on a renewable 15-year lease from 2009. Present rent payable is £15,000 per annum.

Price:

£160,000 plus stock at valuation for the Lease, Business, Fixtures and Fittings.

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