Dudley convenience store with accommodation

Dudley convenience store with accommodation

FREEHOLD ASKING PRICE : £179,950 Rent £19,800

  • Weekly sales circa £10,000
  • Own private car park for the store
  • Relied upon by the local community
  • Higher than average profit. GP is 30% – 35%
  • A large three-bedroom flat
  • Energy Rating D

Description

A leasehold convenience store located upon a busy road in a nice area of Dudley West Midlands. This business is fitted to a good standard and has all the extras you would expect from a convenience store including chillers, freezers, ice cream fridge, shelving, gondolas, etc. A rare opportunity to acquire a longstanding and established off licence and convenience store. This site has a space for storage in the rear, along with a large and spacious 3-bedroom flat in the back and above the store with a separate entrance outside from the front. The site is managed by the owner and part-time staff. This convenience store has huge potential to increase sales with onsite management and with someone that wants to put their energy into boosting the sales by introducing new ideas such as hot meals, meal deals, hot drinks, slush, parcel service and possibly a post office and more. The shop currently closes at 8pm with a licence to 11pm so an easy opening of a further three hours a day to help increase alcohol sales. The vendor runs no offers or promotions. This would be ideal as a family run store, or it would suit a hand’s on multi store operator. This site is missing a popular symbol group and monthly promotions and offers to boost the sale. Close to schools it gets school children trade too.

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