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Car Spares Retail Shop - Birmingham For Sale

Erdington, West Midlands
Asking Price:
£55,000 Furniture / Fixtures included
Turnover:
£312,000
Net Profit:
Available on request

Established 27 years with same owner.
Highly profitable business
Car spares for both British & foreign cars
Also sells Calor gas
Takings average £6k per week
Additional income from 1 bed flat above retail unit
Retirement sale

Property information

Property:

Leasehold

Lease Terms:

The vendor advises the Landlord will negotiate a new lease at a commencement rent of £6220 per annum

Leasehold Rent:

£6,220 per annum

Living Accommodation:

1 Bedroom self contained flat (plus kitchen, bathroom and lounge) is both double glazed and centrally heated

Location:

Along a parade of shops in Erdington Birmingham

Premises Details:

A two storey terraced property with the retail unit on the ground floor and 1 bed accommodation above

Energy Performance Rating:
D

Business Operation

Reasons for selling:

Retirement sale

Trading hours:

Mon - Fri - 8.30am - 5.30pm
Saturday 8.30am- 5pm

Employees:
1 F/T working owner supported by 1 F/T and 1 P/T Bookkeeper
Years established:
27

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