Pound Shop & Bargain Store Wednesfield For Sale

Business description

Very Profitable Pound Shop/ Bargain Shop

Wide Range of Products Sold

Taking £4.500 per week from Reasonable Trading Hours

Relatively Low Operating Costs

Lots of Passing Trade

Leasehold Price £65.000

Description and Trade:
A prominent shop in a popular shopping area on a busy road with a convenient public car park to the rear.

The Business was established in 2010 by the present owners. selling a wide variety of high profit earning lines. including household items. jewellery. toiletries. DIY products. electrical items. stationery. herb & spices. confectionery. toys. pound lines. groceries and numerous sundry items.

The business also offers a wide choice of specialty ethnic foods. and benefits because there are no nearby competitors selling this kind of product.

Premises:
The Retail Shop (over 1.400 sq. ft. gross) has carpet tiled floor and suspended ceiling. It is well fitted for the trade with modern wall and double-sided gondola display shelving; chilled drinks cabinet; ice cream freezer and checkout counter. To the rear of the shop there is Storage Space. Kitchen and w.c.

The Premises are protected with a burglar alarm system.

Accommodation:
There is no living accommodation.

Comments:
An opportunity to acquire a very profitable business with relatively low operating costs and high gross profits.

Our Client Informs Us That:
Takings and Profitability:
The Business is taking. on average. around £4.500 per week. with the usual high gross profits associated with this type of trade.

Trading Hours:
9.00am 5.30pm Monday to Saturday

9.00am 3.00pm Sunday

Staff:
The Business is operated by a husband & wife team with the help of part-time staff as required.

Tenure:
The premises are held on a 5-year lease from 2010. Rent payable is relatively low at £8.424 per annum.

Price:
£65.000 plus stock at valuation for the Lease. Business. Fixtures and Fittings.

Property information

Property:

Leasehold