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Convenience Store In Solihull For Sale

Solihull, West Midlands
Asking Price:
£89,950
Turnover:
£598,000
Net Profit:
£50K - £100K

High turnover convenience store with wines & spirts located in a fantastic residential area of Solihull close to the local schools and in a small parade of shops. Gross takings average £11,500 per week with a gross profit yield of 23%. Weekly newsbill at cost £2,000 with 5 rounds. Extra income from Lotto/Paypoint & Hermes averages around £220.00 per week. The premise briefly comprises ground floor sales shop 1,000 sq.ft approximately with rear stock room and WC. Internal stairs lead to first floor kitchen lounge bedroom and bathroom with gas central heating. Outside to the front forecourt with parking for 2 vehicles and rear yard with vehicle access and one parking space. The whole property is secured on a 20 year lease with a rent of 14,000 per annum. The business operates under the Nisa brand and offers any new owner a very good income.

Property information

Property:

Leasehold

Lease Terms:

20 year lease from 2012

Leasehold Rent:

£14,000 per annum

Living Accommodation:

First floor lounge kitchen bathroom living room and bedroom with gas fired central heating

Location:

The property is located in a small parade of shops in Shirley Solihull

Premises Details:

The premise briefly comprises ground floor sales shop 1,000 sq.ft approximately with rear stock room and WC. Internal stairs lead to first floor kitchen lounge bedroom and bathroom with gas central heating. Outside to the front forecourt with parking for 2 vehicles and rear yard with vehicle access and one parking space.

Planning Consent:

A1 Retail use

Business Operation

Trading hours:

5.30am to 8.00pm Monday to Saturday and 6.00am to 7.00pm Sunday

Employees:
3 part time staff
Years established:
Many years

Other Information

Support & training:

Full support and training will be given to any new owner

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