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Convenience Shop In Oldbury For Sale

Oldbury, West Midlands, UK
Asking Price:
£25,000 Furniture / Fixtures included
Turnover:
£100K - £200K
Net Profit:
Available on request

Retail Takings £2,500 to £3,000 per week average. We are excited to present this opportunity to purchase a convenience shop located in a prime trading location. The current vendor has had this shop for 15 years and is looking to retire.

Description and Trade:
This Convenience Store offers for sale Fresh Fruit & Vegetables, Beers, Wines and Spirits, Confectionary and Sundry Lines.

Premises:
The Shop (approx 100 ft long) is well fitted for the trade with top of the range Arneg chillers, only a few years old with a retail value of £18,000 brand new. Also includes a new coffee machine and Virsure alarm system.

To the rear of the shop, you have an office, stock room, kitchen area and a W.C.

Accommodation:
There is no living accommodation.

Our Client Informs Us That:
Takings and Profitability:
The Business is taking, on average, £2,500 to £3,000 per week average.
Pay-zone and lottery are not included in the counter sales.

Please note, prior to the coronavirus pandemic, this business was achieving weekly sales of £7,500 plus. The sales have reduced as a high number of local businesses are temporarily closed as a result of the lockdown.

Trading Hours:
09:30am to 6:30pm Monday to Saturday.
Closed Sunday.

Staff:
The Business is family run.

Tenure:
This is a leasehold business with 2 years remaining on the current lease. The Landlord has assured us the lease is renewable.

Business rate: £0.00
Rent: £9,600 PA

Price:
£25,000 plus stock at valuation (or near offer) for the Lease, Business, Fixtures and Fittings.

Please note 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

Property:

Leasehold

Lease Terms:

This is a leasehold business with 2 years remaining on the current lease. The Landlord has assured us the lease is renewable.

Leasehold Rent:

£9,600 per annum

Location:

On a main busy road

Business Operation

Reasons for selling:

Retirement sale

Trading hours:

09:30am to 6:30pm Monday to Saturday.
Closed Sunday.

Employees:
N/A - Family run

Contact Information

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