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£50,000 | 2,120 sq ft Guide price

Convenience store for sale

Spring Road, Ettingshall, Wolverhampton, West Midlands WV4 6LQ

£50,000 | 2,120 sq ft Guide price

Convenience store for sale

Spring Road, Ettingshall, Wolverhampton, West Midlands WV4 6LQ

Description

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Property description

Angel Estates - 'Your Housing Guardians' are pleased to offer this interesting business opportunity for the more 'Entrepreneural' person. The 'assignment of lease' of this well established local convenience store has HUGE potential and prominent 'corner position' with high early morning trade from nearby trading estate.

Briefly comprising of:- Ramped entrance leading into 'open plan' and wide trading area with counter to right-hand side with doorway into inner lobby and side entrance onto parking and loading bay. To rear, large stock room with internal office and further door to staff kitchen and toilet facilities.

For the right businessman/woman looking to expand their retail portfolio, could this be the start of something big? You decide by arranging your viewing NOW!!

Entrance:

From pavement, low level brick retaining wall with two sets of inset steps and separate ramped area to side leads onto raised terrace. Further steps and ramp leading towards left hand single leaf entrance door with side display window and into:-

Trading Area: 38'1'' x 11'3'' (max) 9'0'' (min)

Anti-slip flooring, suspended ceiling with twelve inset florescent lights and three inset spotlights over counter area. Customer counter to the right-hand side with concealed cigarette unit and alcohol displayed behind, further internal shelving and display units, three individual 'open fronted' chiller units, one fridge and one ice cream display unit. Various C.C.T.V. cameras fitted externally and internally within suspended ceiling and front (externally) facing advertisement board (within front window). To rear single step up and door leads into:-

Inner Lobby/Staff Entrance: 5'4'' x 3'1''

Lino flooring, wall mounted alarm control panel, trio of spotlights to ceiling, original stairs (behind door - used for storage) and double glazed door to side leading onto side parking/loading bay (at side of building). Doorway into:-

Internal Stockroom: 14'0'' (max) 10'4'' (min) x 11'6'' (max) 7'8'' (min) 

Lino flooring, florescent lighting to ceiling, single glazed window to side elevation, four freestanding shelving units and open access to under stairs cupboard (additional storage) housing electricity meter and fuse board. Glazed door to rear leads into:-

Rear Office: 13'9'' x 8'9''

Laminate flooring, two florescent lighting fittings to ceiling, single glazed window to side elevation, extraction fan to wall, wall mounted CCTV screen, single glazed panel and separate door leading into:- 

Staff Kitchen and Facilities: 10'9'' x 6'5''

Lino flooring, florescent light fitting, single glazed window to rear and partly panelled walls. Range of kitchen base units, roll top work surfaces with single sink, drainer and mixer taps. Corner shower enclosure (fully tiled within) with wall mounted electric shower. Sliding door to side leads into staff toilet facilities (measuring 6'5'' x 2'9'').

Services:

All mains electricity and water are connected, however none of these services have been tested during our inspection.

Tenure:

We are advised that the property is rented as a Leasehold, confirmation of which should be obtained by reference to the title deeds and we believe that there is approximately 8 years remaining on a 10 year lease and the property will be available on assigned lease subject to a minimum term (to be confirmed) at £10,800 per annum exclusive.

Additional Information:

Rent Payable:                    £900.00 pcm/£10,800 pa

Weekly Turnover:               £5,000.00 (in excess of) per week

8 years remain of current 10 year lease

Additional Income Streams:

Coffee Machine, Front Facing Advertising Board and PayPoint.

Property information from this agent

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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

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