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Convenience Store In West Midlands For Sale

West Midlands
Freehold Price:
£489,500
Lease Asking Price:
£489,500
Sales Revenue:
£1,222,000
Cash Flow:
Available on request

Outstanding opportunity to acquire this spacious leasehold property. A 99 years lease we understand from the 22nd August, 1964 at a ground rent of £2,500 p.a. fixed for the entire period.

LARGE FREE CAR PARK ADJOINING THE SHOPPING CENTRE

SPACIOUS SALES SHOP in the region of 2,000 sq. ft. sales area with tiled floor, fluorescent lighting. 2 air conditioning/heating units. The equipment includes 4 glass topped chest display deep freezers, 5 open cool display units, checkout counter with 2 tills & scanning system, modern shelving, display gondolas. Post Office counter with anti-bandit screen (4 positions plus parcel hatch).

Stockroom
2 staff toilets

Request Details to see Additional Information e.g. Opening Hours, Staffing and TenureTO INCLUDE THE VALUABLE LEASEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS £489,500 plus STOCK AT VALUATION (£30,000/£40,000 approx)
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Viewing Strictly by appointment.

Property information

Property:

Available as freehold and leasehold

Location:

Main shopping centre, residential area, WEST MIDLANDS

Other Information

Financing available:

Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote.

Leasehold asking price:
£489,500
Post office salary:
£52,000 per annum

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