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Terraced house

Terraced house

Description

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Nearest stations

Kings Norton (0.5mi.)
Bournville (1.4mi.)
Northfield (1.5mi.)

Nearest schools

school icon  Cadbury Sixth Form College (0.2mi.)
noop
school icon  Kings Norton Junior and Infant School (0.2mi.)
Good
school icon  St Paul's Catholic Primary School (0.5mi.)
Requires Improvement

Property description

Features
SPACIOUS SALES SHOP including storage facilities in the region of 1,000 sq. ft. Non-slip floor, suspended ceiling with concealed lighting. The equipment includes glass topped chest display deep freezers, 2-2.5m cool display units, modern shelving, display gondolas, Tills with scanning system. CCTV system etc.StockroomStaff w.c. & wash hand basin

Turnover
WE ARE INFORMED the turnover averages £10,000 p.w- £12,000 p.w. in our opinion offering tremendous potential for further increase in the right hands as before staff managment shop was TAKING £20,000+ weekly. We are further advised that the gross profit is in the region of 30%. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards.

Staff
At present operated by full time staff.It will be appreciated upon inspection that with an active husband & wife team, the wage bill could be reduced.

Trading Hours
7 a.m. - 10 p.m. seven days per week

Outside
Parking for cars.Service road at rear of parade

Tenure
We understand the premises are held on a secure renewable lease, the present lease having approximately 18 years unexpired at a rental of £22,500 p.a.
Uniform Business Rates: £7,500 p.a. approx.THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST YEARS AND THERE ARE GENUINE REASONS FOR SALERECOMMENDED FOR EARLY INSPECTION

Price
TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £65,000 plus STOCK AT VALUATION (£35,000 approx)

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Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Nearby services within a 4 mile radius

Stations
Schools
Food stores
Health

Street view is not available at this location

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Property reference 775. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Galaxy Real Estate Agent - London. Please contact the property advertiser directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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