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Convenience Store, Post Office & Off Licence with 5 Bed Flat & 1 Bed Flat

Cleobury Mortimer nr Kidderminster

£44,950 Leasehold
(REF: 5704)

Financial Information

Leasehold Price
£44,950

Weekly Sales
£6,500

Annual Sales
£338,000

Weekly Rent Business & Property 
£346

Annual Rent Business & Property
£18,000

Council Rates
Zero Rateable

Post Office Salary
£22,000 (Net)

Fixtures & Fittings Estimated Value
£15,000

Annual Net Profit
Available on Request

Gross Profit Margin
20%

Accounts Available
3 Years

Business Description

A well merchandised Select & Save convenience store and post office in a village near Kidderminster to the west area of Birmingham. The business comes with upstairs accommodation of a 5 bedroom property with lounge, kitchen and bathroom and a separate 1 bedroom property behind the shop. The trading area features a Post Office counter with £20,000 per year salary and has  a large 3.75m front door enclosed beer & wine chillers and 3.75m front enclosed dairy chiller. Other features include an EPOS till system, electric shutters, CCTV & alarm system. The shop is currently owner operated with 2 employees.

Further Details

Premises Licence
The premises has a licence to sell alcohol

Employees
1 full time and 1 part time employee

Employee Information
Total of 72 staff hours at a wage of £7.50 per hour

Commissions on Services
Approx £200 per month

Stock Value Estimated
Approx £20,000

Trading Hours
Monday – Friday 7:00am – 9:00 pm
Saturday 7:00am – 9:00 pm
Sunday 8:00am – 8:00 pm

Ground Floor
Retail Area 70 m² (753 ft²)
Storeroom 85 m² (914 ft²) with rear access

Upper Floor
Available on Request

Key Features

•  5 bedroom and 1 bedroom separate accommodation

•  Over 14 years remaining on lease

•  Business well established

•  Large stockroom area

•  Lottery & Paypoint

•  EPOS till system & CCTV

Location

Situated in Cleobury Mortimer, a market town and civil parish in Shropshire near Kidderminster in the midlands area west of Birmingham, United Kingdom.

Location on Map

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Convenience Off Licence & 5 Bed Flat 5704