Long Established Wednesbury Convenience Store & Off Licence For Sale

Business description

Long established convenience store / newsagents and off licence sited on a very busy positin in Wednesbury's town centre. It's a low maintenance, easy-to-run business whcih nevertheless offers its customers a broad range of food products and drinks. It has recently benefited from an exclusove renovation. Weekly turnover is between £6,500 and £7,500 plus £8,000 per annum off commissions. Early viewing is strongly recommended. Leasehold price £54,500 + stock at valuation.

Property information

Property:

Leasehold

Lease terms:

12 years remain on the current lease. The annual rent is £13,000 per annum.

Leasehold rent:

£13,000 per annum

Living accommodation:

Five rooms above the shop that requires complete renovation in order to be usable as living accommodation or to be able to rent out.

Location:

A very busy position in Wednesbury's town centre.

Premises details:

Above the shop there are five rooms that require complete renovation in order to be usable as living accommodation or to be able to rent out.

Business Operation

Trading hours:

Monday to Thursday 5.30 am to 8.00 pm, Friady and Saturday 5.30 am to 9.00 pm, Sunday 7.00 am to 7.00 pm.

Employees:

The business is run by the owner and his family