Business for Sale in Dudley, West Midlands - LONG ESTABLISHED LOCAL CONVENIENCE STORE IN DUDLEY - Freehold: £395,000

Key Information

Ref
GOT34306K
Type
Retail Businesses: Convenience Stores
Location
England: West Midlands
Tenure
Freehold
Status
For Sale
Weekly Sales
£8,600 Inc Vat
Accommodation
4 Bedrooms
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Prominent Corner Trading Location in a Residential Area

Retail Takings £8,600 per week plus High Commission Income

Spacious and Comfortable Family Living Accommodation with 4/5 Bedrooms

Very Nicely Fitted and Long Established Modern Store

Freehold Price £395,000

Description and Trade:

This long established Convenience Store has been in the present owner’s hands for 36 years. The Shop has been greatly improved & extended and is fitted out to a high standard, offering 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 good residential area of Dudley.

Premises:

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

The air conditioned Shop (over 800 sq. ft.) has a suspended ceiling and tiled floor. It is well fitted for the trade with double-sided gondola display shelving, wall shelving, dairy deck, chilled drinks cabinets, chest freezers checkout counter.

Rear Stock Room, and a large Storage Cellar.

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

Living Accommodation:

The centrally heated and double glazed living accommodation comprises:

On the Ground Floor: Hallway; large Lounge/Dining Room; Sitting Room; fitted Kitchen; Shower Room with w.c.

On the Upper Floor: Four Double-Sized Bedrooms (one with en-suite shower room); One Large Double Bedroom (could be Living Room); Bathroom with shower and w.c; large fitted Kitchen.

Outside is a secure gated Yard with single Garage, and to the rear is a pleasant Garden area.

Comments:

An opportunity to acquire an impressive, long established freehold business with a consistent trading history and exceptionally spacious and comfortable family living accommodation.

Our Client Informs Us That:

Takings and Profitability:

The Business is taking around £8,600 per week.

Commission Income of around £12,000 per annum is earned from the sale of National Lottery tickets, in-store ATM machine and PayPoint electronic payments service.

Trading Hours:

7.30am - 9.15pm Monday to Saturday.

8.00am – 2.00pm and 7.00pm – 9.00pm Sunday.

Staff:

The Business operated by the owners with the help of one full-time assistant and one part-time assistant.

Price:

£395,000 plus stock at valuation for the Freehold Property, Business, Fixtures and Fittings.

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