Shop

Mailbox Estates present an opportunity to acquire a busy convenience store with a turnover of £7,000 per week on average.

Golden opportunity to own a thriving convenience store in the heart of Tipton with an impressive turnover that will make your investment worthwhile!

Take the first step toward financial independence and entrepreneurship today.

REASON FOR SALE.
*Our client has owned the store since 2018 and is now selling due to other business commitments.

THE OPPORTUNITY
* Weekly Turnover of £6,500 - £7,000
* Low Rent
* Average gross margin 30%
* Current owner happy to offer a handover to ensure the continued success

TURNOVER
* We have been advised by our client that the turnover is around
£6,500 - £7,000 per week on average.

TRADING HOURS
* Monday - Saturday - 9:00am to 9:00pm
* Sunday 10:00am - 8:00pm

LOCATION
* Situated in a bustling and high-traffic area of Tipton, the store enjoys a steady stream of local residents and passersby.
* The store is well presented and maintained.

Commissions Received:
Paypoint commissions are approximately £20 per week.

TENURE
* The site is offered by way of assignment of the existing lease with 10 years remaining.

STAFF
* The store is owner run with the help of one part time staff.

SHOP FLOOR PLAN
* Ground floor - Shop sales area of approximately 62 Sq. M (627 Sq. ft)
* Staff WC

RENT
* The rent per annum is £6,600.

ACCOMMODATION
* There is no accommodation available.

BUSINESS RATES
* We have been advised by our clients that there are no business rates payable.

LEGAL COSTS
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlords Legal fees are the buyer and vendors responsibility and are to be shared equally.

Fixtures and Fittings
*The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price.
* All equipment and fixtures are well-maintained and up-to-date, ensuring smooth operations.

Regulatory
* Premises license

Viewing arrangements
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR OR ANY OF IT'S STAFF

DEPOSIT
*Successful Applicants will be required to pay a non-refundable deposit.

Mailbox Estates highly advise early viewing to avoid disappointment.

Tenure: Leasehold (10 years)
The site is offered by way of assignment of the existing lease with 10 years remaining.