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Convenience Store for sale

Alcester Street, Birmingham, B12

Guide Price £25,000

Property Description

Commercial information

  • Business for sale

Key features

  • Delightful sandwich bar and newsagents, prime position, busy main road parade
  • Weekly takings 1,950, sandwich shop 1,500pw, newsagents 450 pw
  • Superbly presented contemporary interior
  • Viewing highly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is a rare and exciting opportunity to purchase an established and well known sandwich shop and newsagents, which occupies a prime trading position in a popular and sought after location on the outskirts of Birmingham City Centre.

The business is prominently located on the main commuter route in a densely populated area of retail premises, commercial outlets and professional organisations, with an abundance of quality residential dwellings in the adjacent vicinity. As you would expect, the area is subsequently a hive of activity throughout the day, with high levels of footfall ensuring the business enjoys both regular, local and passing trade.

Having successfully operated in the area for over two years, this highly renowned business has quickly earned a truly enviable reputation for offering fresh wholesome cuisine with a warm, friendly service in relaxed surroundings. The business offers its customers a wide range of freshly made sandwiches, jacket potatoes, burgers and a meal deals. The business also retails a range of tobacco products, confectionery, soft drinks and selected groceries.

This is a thriving and highly lucrative business, yet still offers genuine scope for future growth and development.

With this in mind, the business represents a terrific investment for an ambitious operative, who can continue to build on the solid foundations that have been laid. There is the potential to open during the evening and to introduce an off licence. This will naturally increase the already impressive weekly sales, whilst ultimately enhancing overall profitability.

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

WEEKLY SALES
Currently shop sales average 1,950 approximately.
Sandwich Shop 1,500pw
Newsagents 450pw

ACCOUNTS
Current records and accounts can be inspected when viewing.


TRADING HOURS
Monday - Friday
Sandwich Shop 06:00 - 14:30
Newsagents 06:00 - 17:00

Saturday
Sandwich Shop 07:00 - 15:00
Newsagents 07:00 - 17:00

STAFF
The business is managed by the owners.

PROPERTY
The highly visible double fronted mid terrace property, has been extensively refurbished offering a deceptively spacious and versatile lock up business accommodation.

RETAIL AREA
The retail area is light and airy, with tasteful attractive contemporary decor and quality furniture, creating a welcoming and relaxed environment.

To the rear of the building is a fully fitted kitchen with a range of well maintained equipment.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
We are advised that the property is held on a 7 year lease which commenced in 2014. The annual rent is 10,200 exclusive (correct as advised on 08/06/16). Rent reviews are at 3 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 first class business, with a bright future. A viewing is therefore strongly recommended to avoid disappointment.

More information from this agent

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