Convenience Store In Wolverhampton Bradmore Area

 

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Property Details

Convenience Store In Wolverhampton
REF: con-store-wolves (please quote when contacting)

Asking Price: £3500

Turnover circa: £1,500 per week

Freehold  330k

Rent  300wk

A well established business in a well populated area , double fronted with plenty of street parking to frontage . Currently not realising its potential due to personal circumstances this business is now reluctantly offered for sale Current turnover  up to 3000 pw        Rent £375 per week neg ! Freehold potentially available crca £350,000 Sale price offers up to £3500,only

Property information

Property:
Freehold
Lease terms:
New lease tba
Leasehold rent:
£375 per week per annum
Living accommodation:
6×20 sq m
Location:
Located within residential area of Bradmore Wolverhampton (approx 3miles from City Centre) Population of local area 3000+
Premises details:
Large retail area , double fronted  L Shaped  60×25 ft  area Potential opportunity freehold  4 bed appt , living room , Kitchen , 2 wc , Fitted wardrobes to Bedroom Excellant rental income Garden leading to Storeroom Double glazed , Central Heating and Fully furnished …..Band  C Shop has cctv , front shutters  and side access to property. Storeroom s to rear of shop

Business Operation

Expansion potential:
Payzone – extra customers for Utilities and mobile top ups Lottery -should realise  £500 per week at least DVD Hire – potential £200 per week Buyer must invest initially in Stock , about  10k to maximise sales
Competition / Market:
Nearest competion 2 miles away ….
Reasons for selling:
Family committments
Trading hours:
9-9pm
Employees:
2
Years established:
5

Other information

Support & training:
Handover period
Financing available:
Negoitian on sale price and rent
Furniture / Fixtures value:
£3,000 (included in the asking price)
Leasehold asking price:
£19,500 (Furniture / Fixtures included)

 

All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.

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