Commercial Property for sale

High Street, West Bromwich,West Midlands, B70

£595,000

Property Description

Full description

WELL PRESENTED BUSINESS CENTRE - WEST MIDLANDS
Situated in the desirable town of West Bromwich
High amount of regular and repeat trade
Scope to further develop the business
Advised annual turnover of 80,000
Fully modernised throughout
Genuine reason for sale
Walk in condition
Easy to run
LEASEHOLD

Location
This superb business centre is situated in West Bromwich which is a town in Sandwell, West Midlands. The business is surrounded by complimentary businesses, residential properties, leisure facilities and much more deriving much of the businesses trade. Historically in Staffordshire, West Bromwich is 5 miles northwest of Birmingham, and had a population of 75,405 at the 2011 census. The town is easily reached via the A41, the A4034 and the A457 making commuting easy for anyone who wishes to visit.

Business History
Meridian Business Sales are delighted to offer to the market this brilliant business centre which was established by our clients in 2008. The only reason this excellent business is being offered to the market is due to our clients desires to concentrate on other business interests.

Since the business was established our clients have invested time and money into the business and premises to the point where it is in full walk in condition.

Our clients inform us that annual turnover currently runs at 80,000 which is derived from hiring out a range of conference/ meeting rooms and offering an in-house catering service.

The modern furnished conference and meeting rooms are ideal for a range of events such as board meetings, training sessions, group workshops, conference and educational sessions. The conference and meetings rooms offer a pleasant working environment and are available all year round. They can be arranged in alternative layouts to accommodate different meeting needs.

Our clients offer a range of facilities such as tea, coffee and snacks, lunch, pens and paper, presentation equipment, 50" plasma screen, laptop, TV/ video, wireless broadband and much more.

Our clients have continually developed and improved the business introducing new lines and income streams which have enhanced the business massively. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade alongside good word of mouth recommendations.

This is a fantastic opportunity to purchase an established business, which is a great base to build upon and as such early viewing is strongly recommended as this tremendous business is not to be missed.

Financial Profile
Turnover: 80,000pa
Gross profit: 35,000
Stock approximately: 2,000

Tenure
We are advised Leasehold
Rent: 3,000pa

Opening Hours
Hours to suit

Accommodation
Well maintained property briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Reception area

3 x function rooms

1 x kitchen

Bathroom

EXTERNAL
Ample parking facilities

Nearest stations

  • Dartmouth Street (0.2 mi)
  • Lodge Road, West Bromwich Town Hall (0.3 mi)
  • Dudley Street, Guns Village (0.4 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

  • Dartmouth Street (0.2 mi)
  • Lodge Road, West Bromwich Town Hall (0.3 mi)
  • Dudley Street, Guns Village (0.4 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 4296. 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.