Sold STC


Walsall, WS3


We are excited to present this excellent opportunity to purchase a very busy convenience shop, with great profit margins.
The business is situated on a main busy high street, next to a parade of shops with lots of footfall.

The business offers for sale Beers, Wines and Spirits, Tobacco, Confectionery, General Groceries, and Sundry Lines.

Shop size is approx 600 M2 (square meters) has tiled ceiling with LED lighting. It is well fitted for the trade with Walls ice-cream chiller to the front, an 8-meter open chiller to the left and counter to right.

Rear Stock Room leading to loading access. 2 flights of stairs leading to hallway, which leads to kitchen, living area and 2 W. C's.

We have been informed by the vendor the retail takings are £14,000 per week average.

Leasehold Price £125,000.

1-bedroom apartment upstairs, with a few adjustments this may be let out separately.

Reason for sale:
The current owner has had this business for 11 years plus and is now looking to retire.

Our Client Informs Us That:
Takings and Profitability:
The Business is taking, on average, £14,000 per week average.
Pay point is not included in the counter sales.

Trading Hours:
10.00am - 9.00pm Monday to Sunday.

The Business family run with 2 PT staff members.

This is a leasehold business with a lease option of 5 and a half years.
Business rate: £0.00

Rent: £12,000 PA until October 2022, £14,000 per annum thereafter.

£125,000 plus stock at valuation (or near offer) for the Lease, Business, Fixtures and Fittings.

Please note, the true location of this shop has not been disclosed. Please contact us should you wish to know the exact store location.

Viewing is highly recommended, strictly via agent only.

Please note the average weekly sales of £14,000 are calculated as an average over 52 weeks.

Tenure: Leasehold (5 years)



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