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Detached Self Service Convenience Store, Counter News, Confectionery, Tobacco, Full Free Off Licence With Sub Post Office for Sale

West Midlands


6 bedroom

Leasehold : 250,000
Freehold : 750,000
Post Office : 26,703p.a.
Turnover : 17,000 p.w.

Large residential & commercial area, BIRMINGHAM

WE ARE INFORMED the turnover is currently 17,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill 650 p.w. We are further advised that the sales year ending 31st March, 2015 showed 683,175 with a gross profit of 113,167 plus post office salary. The net profit shown shows 83,206 plus post office salary year ending March, 2014 of 26,703 showing an overall net profit of 109,909.

Accommodation: The SPACIOUS accommodation all in GOOD CONDITION, DOUBLE GLAZED & with FULL GAS FIRED CENTRAL HEATING, comprises:

6 Bedrooms (5 doubles, 1 large single)
Fully tiled bathroom with bath, w.c. & wash hand basin

Ground Floor
Spacious Lounge with laminated strip foor
Fully fitted kitchen
Large fitted bathroom with bath, shower, w.c. & wash hand basin
 
Tenure: TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS 250,000 plus STOCK AT VALUATION (80,000 approx. can be reduced)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT

OR COMPLETE WITH THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS 750,000 plus STOCK AT VALUATION (80l000 approx. can be reduced).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
 
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467 Advert ID 46620    Sellers Ref : G7344/BSOL

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