Shop for sale

Brays Road, Birmingham, B26

£299,950

Property Description

Full description

WELL ESTABLISHED HABERDASHERY - WEST MIDLANDS
Situated in the desirable city of Birmingham
High amount of regular and repeat trade
Scope to further develop the business
Advised annual turnover of 25,000
Well equipped throughout
Ideal for a first time buyer
Genuine reason for sale
Walk in condition
FREEHOLD

Location
This superb haberdashery is situated on a shopping high street in the desirable city of Birmingham, West midlands. It is surrounded by complimentary shops, residential properties, travelling facilities and much more which are all beneficial for the business. Birmingham has become a very desirable business and residential location due to its fine housing, excellent shopping facilities, good schools and NHS services, many parks, historical attractions and central motorway network access. The city forms part of the larger West Midlands conurbation which includes several neighbouring towns and cities, such as Solihull, Wolverhampton and the towns of the Black Country. Birmingham benefits massively from having easy access to the M6, M5, M42, M40 and connecting M1 motorways making UK travelling very easy.

Business History
Meridian Business Sales are delighted to offer to the market this brilliant haberdashery which was established by our client in 1976. Our client is reluctantly offering the business to the market due to unfortunate ill health.

Since the business was established our client has continually developed and improved the business introducing new lines and income streams which have enhanced the business massively.

Our client informs us that annual turnover currently runs at 25,000 which is derived from the sale of a wide range of haberdashery goods such as wools, needles, buttons, thread and much more.

Our client has invested time and money into the business and premises to the point where it is in full walk in condition.

Our client has informed us that due to her ill health she has been unable to run the business to its full potential therefore there is scope for a future purchaser to further develop the business by introducing longer opening hours.

Due to the excellent location of the business it enjoys a large daily passing trade and high footfall and customers are further attracted by the unique product range.

This is a fantastic opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.

Financial Profile
Turnover: 25,000pa
Stock approximately: 45,000

Tenure
We are advised Freehold

Opening Hours
Monday: 7:00am - 7:00pm
Tuesday: 7:00am - 7:00pm
Wednesday: 7:00am - 7:00pm
Thursday: 7:00am - 7:00pm
Friday: 7:00am - 7:00pm
Saturday: 7:00am - 7:00pm
Sunday: 10:00am - 4:00pm

Accommodation
Well maintained property briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Open plan shop floor

Various shelving and display areas

Serving counter with a till

Store room

Toilet

FIRST FLOOR
2 x bedroom flat & attic area

Nearest stations

  • Marston Green (1.0 mi)
  • Lea Hall (1.2 mi)
  • Acocks Green (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Marston Green (1.0 mi)
  • Lea Hall (1.2 mi)
  • Acocks Green (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 4279. 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 Meridian Business Sales Ltd, Bolton. 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.

Map data OpenStreetMap contributors.