This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Shop for sale

Bristol Road South, Birmingham, B45

£39,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Established business
  • Ideal starter business
  • Ideal bolt on
  • Possible change of use
  • Main road location
  • Genuine retirement sale

Full description

Tenure: Freehold

Home Brew Supplies Retailer For Sale In Rednal
Ref 1086

Location

This well established business is located within a busy parade on the main Bristol Road South in Rednal Birmingham. The area has seen expansion with new housing and is very close to the new Longbridge retail complex, which boasts the largest Marks & Spencer in the West Midlands and the improved Longbridge train station. Adjacent you have McDonalds Restaurant and Morrison's Supermarket and it also gives easy access to the M5 and all major motorway networks.

Business information

Business price: 39,950 plus SAV (rent 200 PW)
Turnover: 161,693 pa
GP: 34,427 (21%)
Stock: 18,000

Leasehold

Original term: 99 years
Remaining: 38 years ( Lease can be extended cost to be confirmed)
Ground Rent: 50 pa
Rates: none

Business Description

Veritas Business sales are delighted to offer for sale this respected Home Brew supplies business. The business was founded back in 1971 by its current owners and is reluctantly it is being offered for sale due to a well deserved retirement. Since ownership of the business my clients have continually invested in new fixtures and fittings along with equipment, all of which are fully paid for and included in the sale price. Any purchaser will not therefore need to invest any additional funds for some time. The business, which retails an extensive range of wine and beer kits, ingredients and various items of equipment needed to brew at home, is very much owner operated and requires the help of only one additional part-time member of staff. We believe that there is huge untapped potential to drive this business forward and expand its customer base as does not currently offer any online options at all and does not advertise. It is an ideal bolt-on for an existing home-brew retailer wishing to expand or a first business opportunity for any home brew enthusiast wishing to make their hobby a career. The business enjoys a strong reputation within the industry and with its extensive client base and as such enjoys a high level of repeat trade. This is a superb opportunity to purchase a long-established business which also offers significant potential for growth from untapped market channels. An early viewing is highly recommended as this business is not to be missed.
Opening Hours

Tuesday - Saturday - 9.00am - 5.15pm
Sunday & Monday - Closed

Ground Floor

Retail sales area comprising: sales counter with cash register, sales and display shelving and racking, central displays and a screened off storage area with shelving.
Bagging room with scales x 2, storage racking and a fridge.
Kitchen area with sink drainer, fitted units and tea & coffee area.
W/C

First floor accommodation
(sub-let for 450 PCM)

Door to entrance hallway
Lounge
Kitchen
Bathroom with bath, W/C and wash basin
Double bedroom
Double bedroom
(D/Glazed and will soon be fitted with electric heating)

External

Rear shared parking area
Front shared customer parking area

The retail benefits from front electric roll-shutters and an intruder alarm







Map & Street View

Disclaimer - Property reference 1086. 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 VERITAS BUSINESS SALES LTD, Solihull. 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.