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Convenience Store In Sedgley For Sale

Sedgley, West Midlands, UK
Asking Price:
£29,950
Sales Revenue:
£197,207
Cash Flow:
Under £50K

Convenience store for sale with sales of newspapers magazines cards groceries frozen foods wines and spirits cigarettes confectionery and national lottery tickets. Gross annual takings last year was £197,207 with a gross profit of around 18% plus lottery commission. Newsbill at cost £480 with 2 delivery rounds. The business operates from ground floor shop premise of around 1,000 sq.ft plus stockroom/kitchen further store room and WC and outside rear patio and garden and to the front there is good customer parking. The property will be secured on a new lease terms negotiable with 4 yearly rent reviews and a rent of £10,800 per annum. Hours of trade 7.45AM to 8.00PM Monday to Saturday and 8.00AM to 8.00PM Sunday. The premise has an alarm and CCTV. Nice opportunity to purchase an established business located in a good residential area of the West Midlands.

Property Information

Property:

Leasehold

Lease Terms:

A new 15 year lease is available

Leasehold Rent:

£10,800 per annum

Location:

The business is located in Sedgley in a good residential area

Premises Details:

The business operates from ground floor shop premise of around 1,000 sq.ft plus stockroom/kitchen further store room and WC and outside rear patio and garden and to the front there is good customer parking.

Size in square feet:
1,000
Planning Consent:

A1 Retail use

Business Operation

Trading hours:

7.45AM to 8.00PM Monday to Saturday & 8.00AM to 8.00PM Sunday

Employees:
Operated by the owner with one part time staff member
Years established:
many

Other Information

Financing available:

Hurdley & Co can introduce you to various business brokers depending on your circumstances. We have built up a good relationship over many years and have every confidence in them to provide you with a first class professional service please telephone us for contact details.

Contact Hurdley & Co

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