Warstock Post Office, 248 Prince of Wales Lane, Warstock, Birmingham, B14 4LJ
Business rates & charges may apply
- SIZE
Ask agent
- SECTOR
High street retail property for sale
Key features
- Great location with good transient trade
- Advised weekly turnover of c.£12,000 inc. VAT
- Advised post office commission c.£55,000
- Three-bedroom accommodation included
- Opportunity to increase turnover
- Planning permission granted for extension to store & accommodation , EPC Rating B
- Christie & Co Ref: 5813155
Description
The Post Office is well located in Warstock, a southern suburb of Birmingham. Warstock is a densely populated residential area with multiple new housing developments. The property is located on the Prince of Wales Lane and therefore has good transient trade. The store is approximately 7 miles from Birmingham city centre. As a result, the area has good public transport and a great road network with easy access to the M42 and A38. Birmingham New Street station is 7 miles from the business and provides excellent links to all the major cities across the UK. Warstock has numerous amenities ranging from shops, cafes, school, medical institutions etc.
Internal DetailsInternally the retail trading area extends to approximately 967 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 left-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 Post Office counter. Behind the till, you will locate a kitchenette and stairs leading to the owner’s accommodation.
Fixtures & FittingsAll fixtures and fittings will be listed before an exchange of contract in a detailed inventory.
External DetailsExternally, the property benefits from ample on road parking.
Owner's AccommodationThe owner’s accommodation spans over a singular floor which includes 3 bedrooms, kitchen, lounge and family bathroom.
The OpportunityThe Warstock Post Office 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. According to the owner, there is planning permission to double the size of the shop floor and accommodation above. There is also ample land to the rear of the premise which could be developed into flats subject to planning.
StaffA staff schedule can be provided upon request.
Trading InformationWe are in receipt of 2023 trading accounts and 4 VAT Quarters. These can be provided upon request.
Trading HoursThe store currently opens 7am – 9pm, Monday to Sunday.
TenureThe property is available for Freehold.
Business RatesThe current rateable value is £10,250 as of the 1st of April 2023.
Energy Performance Certificates
EPC 1Brochures
Warstock Post Office, 248 Prince of Wales Lane, Warstock, Birmingham, B14 4LJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Shirley Station1.0 miles
- Yardley Wood Station1.2 miles
- Whitlock's End Station1.2 miles
About Christie & Co, Retail
Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS
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
Notes
Disclaimer - Property reference 5813155-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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