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Vacant Retail Unit In Wolverhampton For Sale

Wolverhampton, West Midlands, UK
Asking Price:
Sales Revenue:
Not applicable
Cash Flow:
Not applicable

Exciting opportunity to acquire a **Closed** Retail store with potential to rebrand, refit and grow within the local community.

Established Since 2013 and formerly Known as Kwik Save.

Mailbox Estates are pleased to welcome to the market an opportunity to acquire a retail unit covering an impressive trading space of approximately 3,000 sq ft.

Excellent opportunity to utilize the space this large store has to offer and re open as a supermarket with a large selection of confectionary, chilled goods, tobacco and alcohol.

• The property is strategically positioned in Wolverhampton and is a short walk from several key landmarks, namely the newly developed railway station, bus station, the Grand & Arena Theatre, and the Wolverhampton University City Campus.

Wolverhampton is highly accessible from major towns in the West Midlands including Dudley and Walsall (7 miles away), Birmingham (15 miles away), Telford (16 miles away), and Stafford (17 miles away).

Trading History
• We have been advised that the turnover for the store ( when trading ) was in the region of £30,000 per week.

Rear access leads through to staff access only with well sized stock room, kitchen, Staff Toilets and a office.

• To the front of the store, includes a car park for a minimum of 25 vehicles.
Access to the rear for deliveries / unloading.

Fixtures and Fittings
• Stock will need to be purchased at the buyers own responsibility as this is not included within the sale price. The store also requires fridges, shelving and other fittings are required necessary for the trade.

• The leasehold is offered for sale with a renewable lease with further terms to be negotiated.

• We have been advised by our client that the rent per annum is £50,000 including service charge & VAT. The landlord is open to serious proposals.

• Purchasers should enquire with relevant local authorities to confirm the rates payable.

Legal costs
• Each party to be responsible for their own legal costs in connection with the sale.

Please note, as this is a confidential sale, the true location of this shop has not been disclosed. Please contact us should you wish to know the exact store location.
Viewing is highly recommended, strictly via agent only.

Property Information



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