We are very excited to present this excellent opportunity to purchase the freehold of a very busy convenience shop along with acommodation. It is a very established and situated in a prime residential location within the Cannock area. Do not miss out on this great opportunity!
The shop is located in a prime residential location with no local competition.
We have been informed by the vendor the retail takings are £16,000 plus per week average. Freehold Price £635,000
Description and Trade: This busy Convenience Store and offers for sale Beers, Wines and Spirits, Newspapers & Magazines and Sundry Lines. The shop also has an ATM machine which is self-filled, generates £250 to £300 per month commission.
Premises: The Shop is a double fronted shop with electric doors. It has CCTV, a suspended ceiling and tiled floor and is well fitted for the trade. Includes rear stock room leading to loading/unloading access, an office and W.C. Also has a locked parking area to the back of the shop for 2 cars. Accommodation: There is a 4-bed living accommodation upstairs, this consists of 4 double bedrooms. living room, kitchen and bathroom. The property can achieve an annual rental income of £11,000 approximately.
Comments: This a retirement sale of a very attractive business in a prime residential area with a consistent trading history of 100 years plus.
Our Client Informs Us That: Takings and Profitability: The Business is taking, on average, £16,000 per week average. Lottery and Newspapers are not included in the counter sales. Lottery sales average between £400 - £500 per week and Newspaper sales are £300 per week. This is in addition to the £16,000 weekly sales. Please note the business do not have pay point and pay zone, therefore they can be added to increase weekly takings.