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Convenience Store Off Licence For Sale

 
Tamworth, West Midlands, United Kingdom
 
Advert ref: GL.0.120.WM
  
Business description
Virtually unopposed business in this busy local area.

Employees: The F/T working owner is supported by 1 F/T and 1 P/T
Trading hours: Mon - Fri 7am - 8.30am. Sat - 8am - 8.30am. Sun 8am - 6pm.
Property: Leasehold

Lease terms
The vendor advises a 20 year lease is renewable in 2023 with rent reviews every 3 years. The next review is due in April 2008 and the current rent is £11,000 per annum.

Location
The shop is located in a densely populated residential area close to Tamworth Town centre.

Reasons for selling
Owner wishes to pusue other business interests

 
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Financial details

 
Asking price: £120,000
Sales revenue: £200k < 500k
Net profit: Undisclosed
 
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed
 
 

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