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Nisa Local & Springfield Post Office, 2 Springfield Close, Rowley Regis, Birmingham, B65 8JZ

£1,000,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Post office for sale

Key features

  • Great location with good transient trade
  • Advised weekly turnover of approx. c. £21,000
  • Close to a number of amenities
  • Opportunity to increase turnover further
  • Good sized plot with good frontage
  • Located in a densely populated residential area. EPC Rating C.
  • Christie & Co Ref: 5813152

Description

Location

The Nisa is well located in Rowley Regis a town and former municipal borough in Sandwell in the county of the West Midlands. Rowley Regis is a densely populated residential area with c. 39,000 people according to the 2021 Census. The store is approximately 15.3 miles to Birmingham and 2.7 miles to Dudley respectively. As a result, the area has good public transport and a great road network with easy access to the M5. The closest railway station is Rowley Regis Station, which provides good links to all the major cities across the UK. Rowley Regis offers a wide variety of amenities ranging from shops, restaurants, cafes, medical institutions a secondary and primary school.

Internal Details

Internally the retail trading area extends to approximately 1,038 sq.ft. The trading area has several central gondola units with a number of dedicated chillers and freezers around the perimeter of the shops trading area. The payment kiosk is located to the right-hand side of the entrance which showcase a range of alcoholic spirits and cigarettes. To the rear of the trading area is a large storeroom and access to the owner’s accommodation.

Fixtures & Fittings

All fixtures and fittings will be listed before an exchange of contract in a detailed inventory.

External Details

Externally, the property benefits from ample on-road parking to the front of the store.

Owner's Accommodation

The owner’s accommodation spans over two floors. On the ground floor there is an open planned kitchen diner. Meanwhile the first floor offers 5 good sized bedrooms, a family bathroom and two storerooms, one which could be made into a 6th bedroom if warranted. The property also benefits from a first-floor balcony which offers excellent views across the landscape. To the rear is a good-sized garden which is self-contained.

The Opportunity

The Nisa in Rowley Regis offers an excellent opportunity for an experienced operator to acquire a business with scope to increase the turnover. The store will suit a multi operator who is looking to build on the excellent foundation of the current operator or a first-time buyer who is looking to delve into the convenience sector.

Staff

A staff schedule can be provided upon request

Trading Information

We are in receipt of the accounts ending 30th September 2022. The seller’s accountant is preparing the 2023 accounts. We have been advised of a weekly turnover of £21,000 per annum and a PO commission of c. £29,000 per annum.

Trading Hours

The store currently opens 7:30am – 9pm Monday to Sunday.

Tenure

The property is available for Freehold.

Business Rates

The current rateable value is £14,500 as of the 1st of April 2023.

Energy Performance Certificates

EPC 1

Brochures

Nisa Local & Springfield Post Office, 2 Springfield Close, Rowley Regis, Birmingham, B65 8JZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Old Hill Station1.4 miles
  • Rowley Regis Station1.5 miles
  • Cradley Heath Station2.0 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Christie & Co, Retail

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll disco

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Notes

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Disclaimer - Property reference 5813152-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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