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Convenience Store In Wolverhampton For Sale

Wolverhampton, West Midlands
Asking Price:
£80,000
Turnover:
£416,000
Net Profit:
Available on request

Modern Convenience Store

Situated in a Good Residential Area of Wolverhampton

Retail Takings £8,000 per week

Plus Commission Income £5,000 per annum

Council Lease, Relatively Low Operating Costs

Leasehold Price £80,000

Description and Trade:
This modern Convenience Store has been in the present owner's hands since around 2011. The Shop is fitted out to a high standard and offers for sale General Groceries, Beers, Wines and Spirits, Newspapers & Magazines, Greetings Cards and Sundry Lines. The Business enjoys a consistent trading history and is situated in a local parade of shops in a good residential area of Wolverhampton with unrestricted roadside car parking.

Premises:
The Business is situated in a parade of shops in a good residential area, and has easy roadside car parking for customers.

The Shop (around 870 sq. ft.) has a suspended ceiling and tiled floor. It is well fitted for the trade with double-sided gondola display shelving, wall shelving, ice cream freezer, news display shelving, chilled display cabinets, chest freezer, checkout counter with EPOS compatible cash registers.

Rear Stock Room and w.c.

The Premises are protected with roller shutters to front windows and CCTV system.

Accommodation:
There is no living accommodation.

Comments:
This is a very attractive business in a good area with a consistent recent trading history.

Our Client Informs Us That:
Takings and Profitability:
The Business is taking, on average, £8,000 per week.

Commission Income of around £5,000 per annum is earned from the sale of National Lottery tickets, in-store ATM machine and PayZone electronic payments service.

The weekly newsbill is around £530, with some news delivery rounds in operation.

Trading Hours:
8.00am – 8.00pm Monday to Saturday.

8.00am – 6.00pm Sunday.

Staff:
The Business is family operated with the help of one part-time assistant.

Tenure:
The Premises are held on a renewable council lease. Present rent payable is £6,600 per annum.

Price:
£80,000 plus stock at valuation for the Lease, Business, Fixtures and Fittings.

Property information

Property:

Leasehold

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  1. What will I happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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