Post Office & Convenience Store In West Bromwich For Sale

Business description

Post Ofice & Convenience Store West Bromwich

c.1000 sq ft Well Fitted Sales Area

5 Bedroom Plus Accommodation

Same Owner Since 1989

Leasehold Price £89.500

Description and Trade:
Situated on a main road in West Bromwich.

The Post Office salary is supplemented by an attractively presented Convenience Store selling general groceries. household products. off licence products etc.

Premises:
The spacious and modern Sales Area (17.3m x 5.7m) has a suspended ceiling. fitted wall shelving and two runs of double sided gondola shelving.

Fixtures and fittings include two chest freezers. two upright dairy products chillers. drinks chillers. and L shaped serveover checkout with cash register.

To the rear is the two position Post Office counter. A cash machine is installed.

Leading to a Kitchen/Office. spacious Stock Room (5.8m x 5.6m). and separate w.c facilities.

The business has the security of CCTV and fitted red care alarm system.

Accommodation:
The exceptionally spacious and well-presented accommodation is double glazed and centrally heated comprising: Hallway; Kitchen/Dining Room; two double Bedrooms; three Single Bedrooms (two with ensuite facilities); Bathroom.

Stairs up to an Office Area/single Bedroom; very spacious Loft Room (8.0m max x 5.1m max).

Comments:
A superior business having an excellent trading location and super sized accommodation.

There is scope to increase takings by opening on Sunday.

Our Client Informs Us That:
Salary and Takings:
The Post Office salary is £26.000 per annum.

Retail takings are £4.500/£5.000 per week. with a gross profit margin in excess of 20%.

Trading Hours:
9.00am 9.00pm Monday to Saturday

Closed Sunday.

Tenure:
Leasehold. A new 15-year lease. with 3 yearly reviews. will be offered. at a commencing rent of £26.000 per annum for the business and accommodation.

Price:
£89.500 plus stock at valuation for the new lease. business. fixtures and fittings.

Property information

Property:

Leasehold

Living accommodation:

Accommodation Included.