Shop

We are pleased to present this modern convenience store situated in a busy parade of shops in Wednesfield, Wolverhampton.

Retail Takings £22,000 per week average

Plus Commission Income £20,000 average per annum from lottery and post office.

Relatively Low Operating Costs

Leasehold Price £220,000

Description and Trade:

This modern Convenience Store 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 busy local parade of shops in a good residential area of Wolverhampton with unrestricted car parking.

Premises:

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

The Shop (around 1945.9 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 freezers, checkout counter with EPOS compatible cash registers.

Rear Stock Room, Office, Kitchen 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 trading history.

Our Client Informs Us That:

Takings and Profitability:

The Business is taking, on average, £22,000 per week.

Commission Income of around £20,000 per annum is earned from the sale of National Lottery and Post Office.

The weekly news bill is around £450, with some news delivery rounds in operation.

Trading Hours:

7.00am - 10.00pm Monday to Saturday.

7.00am - 9.00pm Sunday.

Staff:

The Business is staff operated with 1 full time and 5 part time staff.

Tenure:

This is a leasehold business with 15 years remaining with a new lease option.

Business rate: £2,650 PA

Rent: £18,000 PA

Price:

£220,000 plus stock at valuation (or near offer) for the Lease, Business, Fixtures and Fittings.