Business for Sale in Halesowen, West Midlands - CONVENIENCE STORE – HALESOWEN, WEST MIDLANDS - Leasehold: £59,950

Key Information

Ref
GOT33773K
Type
Retail Businesses: Convenience Stores
Location
England: West Midlands
Tenure
Leasehold
Status
For Sale
Weekly Sales
£5,500 Inc Vat
Accommodation
4 Bedrooms
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Well Fitted Business

c.630 square foot Sales Area

Nice Residential Area

Spacious 4 Bedroom Accommodation

Same Owners Since 1988

Leasehold Price £59,950

Description and Trade:

A prominent and well-presented detached business with attached house situated in a nice private residential area.

The trade is that of general groceries, news and off licence products etc. It is a National Lottery outlet.

Premises:

The well fitted and modern Sales Area (10.1m x 5.8m) has a suspended ceiling with concealed lighting, terrazzo type flooring, fully fitted wall and double sided gondola shelving and news display racking. Fixtures and fittings include four upright drinks chillers, dairy products cabinet, two self-serve freezer units, serveover checkout with cash register, run of display cabinets etc.

Leading to a Stock Room (5.1m x 2.6m) with w.c. facilities off. To a large Garage/Stock Room.

Accommodation:

The very spacious accommodation is situated above and adjacent to the shop. It is attractively presented, centrally heated and double glazed comprising: spacious Lounge (5.8m x 4.2m); Kitchen (5.6m x 2.5m). Stairs up to Bedroom 1 – large double; Bedroom 2 – double; Bedroom 3 – double; Bedroom 4 – single; Bathroom.

Comments:

A superior business with spacious family sized accommodation situated in a nice residential area. It has been in the present owner’s hands since 1988. There is scope to open a little later in the evening.

Our Client Informs Us That:

Takings:

Retail takings are around £5,000/£5,500 per week. Plus commissions of about £10,000 per annum.

The weekly newsbill at cost is £650/£700.

Trading Hours:

6.00am – 9.00pm Monday to Saturday

7.00am – 3.00pm & 6.00pm – 9.00pm Sunday

Tenure:

Leasehold. A new lease will be offered, with 3 yearly reviews, at a commencing rent of £16,000 per annum for the business and accommodation.

Price:

£59,950 plus stock at valuation for the lease, business, fixtures and fittings.

Copyright © EM & F Group Limited 2019 - Company No: 03035561 - VAT: 631 4000 02