Newsagents Convenience Wines & Spirits Store West Midlands For Sale

Business description

Well established newsagents/convenience/wines & spirits business with extra income from tops ups and payzone. Sales average £5,000 per week with a 20% gross profit yield. Weekly newsbill at cost £600 having 1 morning round 1 evening and 1 on Sundays. Extra income in the region of £130 per month from payzone and top ups. Freehold property situated on a busy road with double sales area rear stock room and side passage leading to rear enclosed yard. To the first floor lounge 2 bedrooms fitted kitchen shower room and separate WC and to the second floor 2 double bedrooms with gas central heating. The business has been in the same owners hands for the last 18 years and there is scope to modernise the sales area and properly install the wines & spirits section which was only obtained in the last year. Hours 7am to 7pm Monday to Saturday and 7am to 2pm Sunday.

Property information

Property:

Freehold

Living accommodation:

Very spacious 4 bedroom gas centrally heated accommodation with fitted kitchen lounge bathroom and separate WC

Location:

Situated next door to a public house and post office on a very busy road in a densley populated area

Other information

Expansion potential:

Great opportunity exists to modernise the shop displaying the recently aquired wines & spirits section better and to stay open longer

Support & training:

Tuition will be given to any new owner

Reasons for selling:

Semi retirement after 24 years running the business

Trading hours:

7am to 7pm Monday to Saturday & 7am to 2pm Sunday

Financing available:

Finance available through Hurdley & Co 01564 739797