Convenience Store In Cradley Heath For Sale

Business description

Preferred Commercial is pleased to offer to the market this busy convenience store, which has been in our client's hands since 2006 and is only now being offered for sale due to their other business interests. The convenience store generates a turnover of £520,000 per annum with a gross profit of 22%. There is scope to increase turnover further by introducing a deli with takeaway sandwiches and applying for the Lottery. We feel this is an ideal opportunity for anyone looking for an established convenience store which is ready to be taken to the nest level. Early discussions with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Leasehold
Original length: 7 years
Remaining: 2 years
Rent: £175 per week

Leasehold rent:

£9,100 per annum

Location:

Hales Convenience Store is located in the Old Hill area of Cradley Heath in West Midlands. Cradley Heath is a densely populated area, which lies between Dudley, to the north and Halesowen to the south. The business is situated on a busy shopping precinct surrounded by complementary shops and businesses. There is a new housing estate to the rear of the precinct, which provides much new business for the shop. The business also benefits from a bus stop directly outside and from free parking.

Premises details:

Double fronted ground floor lock up retail premises at the end of a parade of shops. Briefly comprising:

Ground Floor
• Main sales and display area fitted to suit trade with sales counter with cigarette gantry behind, 2 double drinks chillers, dairy chiller, ice cream freezer, large chilled display unit, confectionery display, pick n mix display, alcohol section, greeting card racks, various racks and shelving for convenience lines, CCTV system
• Storeroom with shelving to suit trade
• Store area to rear of storeroom
• WC

External
• Free parking to front
• Bus stop outside

Other information

Trading hours:

Mon - Sat: 8.00am - 10.00pm
Sun: 8.00am - 9.00pm