Retail Property (high street) for sale

Sunbury Road - B31

£99,999

Property Description

Commercial information

  • Business for sale

Key features

  • Convenience store, busy main road, prime location
  • WT £10,000, N/S £200 and growing, neatly fitted
  • Spacious property
  • Great potential to increase turnover further

Full description

Tenure: Leasehold

DESCRIPTION
This is an excellent opportunity to purchase a thriving and lucrative business located in Longbridge, South Birmingham. The area enjoys a large college, train station and a high level of foot fall throughout the day and night. With millions of pounds invested in it and is attracting more people to the area on a daily basis.

This well established licensed convenience store occupies a prominent and unopposed trading position, fronting a busy main road within a densely populated residential area. As you would expect the area subsequently attracts high levels of activity throughout the day with both regular repeat and passing trade. The developments in the area have also increased the footfall with large retailers moving into the area and the train station to central Birmingham.

Having served the locality for many years, this heavily relied upon business has forged strong relationships with the community, therefore enjoying an extensive and loyal customer base.

The substantial and spacious double fronted mid terraced premise offers a spacious and versatile business accommodation with first floor living accommodation.

The good size sales area is bright and airy with a good range of modern fixtures and fittings including CCTV and ample refrigeration.

The store retails a range of traditional beers, wines, spirits, soft drinks, confectionery, frozen and convenience foods, newspapers, magazines, cards, stationery and the Post Office.

This successful store is highly lucrative yet still offers terrific scope for future growth and improvement. The business would therefore ideally suit an ambitious husband and wife team who have the opportunity to increase trading hours and offer a wider range of promotions to its customers. This will undoubtedly generate a much greater level of income whilst ultimately maximising overall profitability. To avoid disappointment viewing is highly recommended.


Sales
Currently shop sales average £8,000 approximately.

POST OFFICE SALARY
Annual PO income approximates to £20,000

LOTTO
Weekly lotto sales approximate to £TBC

OTHER
News Sheet £200 and growing.


ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday 08:30 — 21:00
Tuesday - Friday 09:00 — 21:00
Saturday 09:00 — 21:00
Sunday 09:30 — 20:00


STAFF
Managed by the owners with full/part time members of staff.

Building External
Highly visible and imposing double fronted mid terrace shop premises, occupying a prominent position fronting a busy main road in a well populated area. The first floor of the property is used for storage and office space with a bathroom, office / lounge kitchen and double bedroom.

Building Internal
The spacious sales area is light and airy with a good selection of fixtures and fittings including CCTV and ample refrigeration. The property offers ample storage facilities on the ground and first floors.

RESIDENTIAL ACCOMMODATION
The first floor of the property has a double bedroom, bathroom, lounge, kitchen and an office space.

TENURE
We are advised that the property is held on a 15 year lease which commenced in 2016. The annual rent is £15,000 exclusive. Rent is negotiable.

SUMMARY
An excellent opportunity to purchase a successful business, a viewing is recommended.


Nearest stations

  • Longbridge (0.1 mi)
  • Northfield (1.1 mi)
  • Kings Norton (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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

  • Longbridge (0.1 mi)
  • Northfield (1.1 mi)
  • Kings Norton (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Kings

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

01772 399199 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.

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