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Shop for sale

Longmore Road, Solihull, West Midlands, B90

Sold STC £299,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Established business
  • Ideal bolt on
  • Would suit change of use
  • Accommodation above
  • Easy to operate

Full description

Tenure: Freehold

Freehold Retail Butchers in Solihull For Sale
Ref 1069
Possible change of use

Location

This well presented butcher is situated in a prominent trading position in the highly desirable area of Solihull, West Midlands. It sits in a highly populated residential area along with 4 large secondary schools, a large college and several infant & junior schools resulting in a large number of families living within the local area. The business is located on a busy through road within an extensive local retail catchment, positioned only 0.3 miles from a large and busy retail park and 1 mile from Solihull town centre and the new Parkgate retail development where you will find an abundance of major retailers and new housing. Birmingham centre is only 8 miles away and Birmingham International Airport is 3.5 miles making this a very accessible location. It's easily accessed via the A34 and A41, is 1 mile from the M42 motorway and is within close proximity to the M6, and M5 motorways.

Financial information

Freehold price: 299,950 plus SAV
Leasehold: 39,950 plus SAV
Rent: 250 per week
Turnover: 156,000 per annum
GP: 44%
Stock value: 3000

Rates: 2,400 pa

Opening Hours

Monday - Saturday - 7.00am - 5.30pm

Business Description

Veritas Business Sales are privileged to offer to the market this well established retail butchers that was set up by its current owner in 1975. He is still very much hands on and has the help of and 2 part time members of staff. Our client is reluctantly offering the business for sale but wishes to peruse a well earned retirement. During ownership he has continually invested in new equipment, along with fixtures and fittings which are all bought and paid for and included within the sale price, which is a huge plus for a new owner as additional funds will not need to spent for some time. The business has an annual turnover of 156,000 with a GP of 44% and only serves the highest quality meats and enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.
Ground floor

Retail sales area with 3 x serve over chilled meat counters, fridges x 2, vacuum packer, electronic scales x 2, butchers block

Preparation room comprising:
Stainless steel work surfaces, sausage filler, mixer, mincer, vacuum packer, electronic scales, burger machine, butchers block, bacon slicer, over wrapper, 5 x chest freezers, office area

Store room

Kitchen/staffroom with spit roast oven, double sink, chest freezer and work surfaces

First floor

(2 bedroom flat currently sub let for 470 per month)
Lounge
Double bedroom
Single bedroom
Kitchen
Bathroom

External

Rear yard with walk-in cold room, 2 x wooden sheds, patio area and large rear garden
W/C and wash basin
Front off road parking for 2 and side access to first floor flat


Map & Street View

Disclaimer - Property reference 1069. 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.

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