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Large Convenience Store In Walsall For Sale

 
Walsall, West Midlands, United Kingdom
 
Advert ref: trb/1289
 
FINANCIAL DETAILS
 
Asking price: £140,000
 
Sales revenue: £530,000
 
Net profit: < £100k
 
Fixtures value: £60,000
 
Stock value: Undisclosed

BUSINESS DESCRIPTION
 
For Sale by The Business Partnership, an immaculate convenience store situated in a prominent position on a main thoroughfare in West Midlands. The retail unit is superbly presented with automatic sliding entrance door, high quality fixtures and fittings, EPOS system and multi-screen security system throughout. The shop has been fully refurbished (cost circa £115k) in recent months and the flat is currently being modernised. Takings have quickly risen to in excess of £10,000 per week following refurbishment (6 months) and are set to continue to rise. The shop retails counter news, full off-licence, and general convenience items from a spacious immaculately presented ground floor retail area.

GENERAL INFORMATION
 
Years established: 4
Employees: family
Trading hours: Generally 8.00am to 10.00pm, Mon to Sat; 9.00am-10.00pm Sunday
Property: Leasehold

Lease terms
A new negotiable term lease is available at £300 per week for the retail unit only. The flat above would be available at additional rental to be agreed.


Living accomodation
To the first floor is a spacious three bedroom flat with lounge, kitchen/diner, family bathroom and 3 double bedrooms. To the rear is a garden area.


Location
A large attractive property comprising: retail area to ground floor of circa 132m2 (1400sf). No expense has been spared in fitting out the shop. The property has been re-wired throughout. There is a full 2 Lane EPOS till system, Fire Alarm system, 32 Security Camera system (with remote monitoring potential). All shelving, fridges, freezers are of the highest quality and include an extended 15m of open chillers To the rear is a large well fitted stock room, with pallet racking, and security shuttering to every exit.


Reasons for selling
Other business opportunities


Related documents
PDF document iconNDA Form
PDF document iconSales Particulars


 
The Business Partnership - Birmingham Central, Birmingham North & Warwickshire
 
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© 2003 - 2008 The Business Partnership
 
Name: Business Partnership (Management) Limited
Registered Office: Meridian House, Road One, Winsford Industrial Estate, Winsford, Cheshire, CW7 3QG
Company Number: 4459291    VAT No: 797 8848 30