Convenience Store with News & Off Licence For Sale Tamworth, Staffordshire, United Kingdom Advert ref: GS751D Business description
Lakey & Co are pleased to offer a traditional, local convenience store supplying news (both counter sales and delivery), household products, dry goods, fresh bread and dairy produce, beers, wines & spirits, confectionery & ice creams, tobacco items etc..
Credit cards are not accepted, however, there is within the premises, an ATM machine.
There are a number of options on the purchase of this business - either to include accommodation or buy as a lock-up.
Employees: Family run
Trading hours: Monday to Friday 6.00 am to 8.00 pm; Saturday & Sunday 7.00 am to 8.00 pm
Property: Leasehold
Lease terms
Business only : Current owners will establish a sub-let lease over a long term period for an annual rent c. £5,000
Business plus accommodation :Current owners will establish a sub-let lease over a long term period for an annual rent c. £12,000
Alternatively the accommodation can be bought as a 'virtual' freehold together with the business for £210,000
Living accomodation
Self contained, first floor accommodation includes:Lounge; kitchen; bathroom; toilet; 3 bed rooms.
Location
A major road location within a large residential area of a village on the outskirts of Tamworth.
Expansion potential
The sales area could be extended, thus allowing room for additional items for sale.
Support & training
Transitional support will be offered
Reasons for selling
Other business commitments
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| | Financial details Asking price: £70,000
Sales revenue: £287,600
Net profit: £61,000
Furniture / Fixtures value: £7,000
Inventory / Stock value: Undisclosed |
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