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#Business ID: 11988

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Convenience Store in Stourbridge

Business Location: Stourbridge, West Midlands, England

Asking Price: £ 44,000 Revenue: not disclosed Cash Flow: not disclosed

[Inventory / Stock included]

Business Summary

Well Fitted Self Service Convenience Store, News, Confectionery, Tobacco, On Line National Lottery

Situated in a parade of 5 shops, residential area, with the advantage of a school nearby WEST MIDLANDS. At present operated by a husband and wife team with the assistance of 1 part time staff.

Opening Hours Monday - Saturday inclusive - 7 a.m. - 8 p.m.
Sunday opening - 8 a.m. - 6 p.m.
We are further advised that the premises licence allows the business to be open until 10 p.m. if desired for the sale of wines, beers and spirits.

The accommodation in the form of a SELF CONTAINED FLAT over, with ELECTRIC CENTRAL HEATING, comprises:

3 Bedrooms (2 doubles, 1 single)
Bathroom with bath, wash hand basin
Separate w.c.
Lounge
Kitchen with fitted units.

The vendors own the freehold and subject to satisfactory references are prepared to grant a new 18 years full repairing and insuring lease at a rental of £14,000 p.a. exclusive of rates for the first 3 years, with rent review at that time and thereafter every 5 years.

Uniform Business Rates: We understand nil payable until April 2013.

TO INCLUDE THE NEW LEASE, GOODWILL, FIXTURES & FITTINGS RECOMMENDED FOR EARLY INSPECTION.£44,000 plus STOCK AT VALUATION (£10,000 approx).

Property Details

Property Type:

Real

Inventory Value:

£ 10,000

Miscellaneous Details

Reason For Selling:

concentrating in other business

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