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3 bedroom convenience store for sale

Bromsgrove Road, Halesowen, West Midlands, B63

Under Offer £64,950

Property Description

Commercial information

  • Business for sale

Key features

  • Thriving and lucrative licensed convenience store
  • Weekly takings 7,000, Lotto 1,400, News sheet 600
  • Prime main road position, residential surrounding
  • Rare opportunity, viewing highly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is an excellent opportunity to acquire an established and well known licensed convenience store, which occupies a prime trading position on a main road in Halesowen in the West Midlands. The location enjoys a high level of passing traffic as well as being surrounded by residential property, the area is a hive of activity with continual footfall throughout the day and night.

There is ample, free off road parking facilities located at the front of the shop.

Having operated in the town for over 30 years, this successful business has forged strong relationships with the local community, boasting an extensive and loyal customer base. The store retails an extensive range of news and magazine titles, stationery, greeting cards, confectionery, tobacco, a wide selection of traditional beers, wines and spirits, as well as offering additional facilities such as the Lotto and also has a collection and delivery point for Hermes.

The substantial and imposing double fronted shop premises provides a large sales area, which is light and airy with a range of quality, modern fixtures and fittings creating a welcoming environment.

This a thriving and lucrative business and represents an ideal proposition for an ambitious and energetic hands on operative, who can continue to nurture and improve the business which will naturally increase the weekly sales, therefore enhancing overall profitability.

To fully appreciate this first class business opportunity, viewing is highly recommended to avoid disappointment.

WEEKLY SALES
Currently shop sales average 7,000 approximately.

LOTTO
Weekly lottery sales approximate to 1,400.

OTHER
News Sheet 600.

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Saturday 07:00 - 20:00
Sunday 08:00 - 16:00

STAFF
Managed by the owners.

PROPERTY
The highly visible and imposing double fronted shop premises, provides a spacious and versatile business and three bedroom private accommodation.

TRADING AREAS
The large sales area is well appointed, creating a welcoming environment. The business is fitted to a good standard with a comprehensive range of shelving and racking with ample refrigeration. There is a stockroom and a staff toilet also available.

RESIDENTIAL ACCOMMODATION
There is a 3 bedroom owners accommodation available, comprising of a ground floor kitchen, diner with access to the lower ground floor, garage and storage area. The first floor of the property has a large lounge, two double and a single bedroom and a family bathroom.

TENURE
We are advised that the property is held on a 20 year lease which commenced in 1998. The annual rent is 13,992 exclusive (correct as advised on 14/12/15). Rent reviews are at 5 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
This is an excellent opportunity to purchase a highly lucrative business with a bright future and viewing is therefore highly recommended to avoid disappointment.

More information from this agent

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