Property Information
Address:
England: West Midlands
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Shop, Businesses For Sale,
Property Ref/Movehut: MH590054
Property Ref/Agent: 3098
*Please use the agent ref when calling the agent directly.
Property description
Very Profitable Pound Shop/ Bargain Shop
Wide Range of Products Sold
Taking £4,500 per week from Reasonable Trading Hours
Relatively Low Operating Costs
Lots of Passing Trade
Leasehold Price £65,000?
Description and Trade:
A prominent shop in a popular shopping area on a busy road with a convenient public car park to the rear.
The Business was established in 2010 by the present owners, selling a wide variety of high profit earning lines, including household items, jewellery, toiletries, DIY products, electrical items, stationery, herb & spices, confectionery, toys, pound lines, groceries and numerous sundry items.
The business also offers a wide choice of specialty ethnic foods, and benefits because there are no nearby competitors selling this kind of product.
Premises:
The Retail Shop (over 1,400 sq. ft. gross) has carpet tiled floor and suspended ceiling. It is well fitted for the trade with modern wall and double-sided gondola display shelving; chilled drinks cabinet; ice cream freezer and checkout counter. To the rear of the shop there is Storage Space, Kitchen and w.c.
The Premises are protected with a burglar alarm system.
Accommodation:
There is no living accommodation.
Comments:
An opportunity to acquire a very profitable business with relatively low operating costs and high gross profits.
Our Client Informs Us That:
Takings and Profitability:
The Business is taking, on average, around £4,500 per week, with the usual high gross profits associated with this type of trade.
Trading Hours:
9.00am - 5.30pm Monday to Saturday
9.00am - 3.00pm Sunday
Staff:
The Business is operated by a husband & wife team with the help of part-time staff as required.
Tenure:
The premises are held on a 5-year lease from 2010. Rent payable is relatively low at £8,424 per annum.
Price:
£65,000 plus stock at valuation for the Lease, Business, Fixtures and Fittings.
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