Property Information
Address:
Great Barr West Midlands
Price: Property no longer available.
Size: SOA
Primary Category: Shop
All Categories:
Shop,
Property Ref/Movehut: MH419811
Property Ref/Agent: 10954 Great Barr West Midlands
*Please use the agent ref when calling the agent directly.
Property description
Newsagents/Convenience/Wines & Spirits/Lotto Store with gross sales averaging 8,500 per week with a gross profit yield in the region of 23%. Additional income from the lottery and Pay point of 200 per week and with a news bill at cost of 1,250 per week having one delivery round. The business operates from premise located in a busy parade of shops on a main A road with major retailers and High St banks and briefly comprises spacious ground floor sales area with rear stock room and small store and to the first floor 2 x self contained separate entrance 3 bedroom flats with lounge kitchen 3 x bedrooms and bathroom. There is also a separate office. Rental income from the first floor amounts to 15,000 per year. The premise is secured on a lease with a rent of 25,000 per annum. Hours 6.00am to 9.00pm Monday to Thursday 6.00am to 10.00pm Friday & Saturday and 7.00am to 5.00pm Sunday.
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