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Shop for sale

Hatchford Brook Road, Solihull, West Midlands, B92

Sold STC £9,950

Property Description

Commercial information

  • Business for sale
  • Use class orders: A1 Shops

Key features

  • Sensibly priced
  • Ideal first business
  • Easy to run
  • Prominent locationm
  • Ideal bolt on

Full description

Tenure: Leasehold

Greeting Cards & Gift Shop In Solihull For Sale
Ref 1084

The business is located on a busy main road between Solihull and Sheldon and is set back in a parade of shops with complimentary businesses such as a fish & chip shop, hair salon, convenience store, card and gift store, florists, Boots and a variety of other retail outlets. Directly outside the property has ample free parking for customers and the area is densely populated with residential housing. Its location provides easy access to Solihull town centre, Birmingham city centre, Birmingham airport and all major motor way networks

Business information

Asking Price: 9,950 plus SAV
Turnover: 50,697 pa
GP: 50%
Stock: 15,000


Original term: 5 years
Remaining : 3 years
Rent: 5,500 plus vat pa
Rates: none

Business Description

Veritas Business sales are delighted to offer for sale this respected greeting card & gifts business which is located on a busy parade in Solihull. The business has been established for 6 years when the current owner set this up from scratch and is reluctantly being offered for sale so that she can enjoy a well deserved retirement. Since ownership of the business my client 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 means that any new purchaser will not need to spend any additional funds for some time. The business is very much owner operated and requires the help of just 1 part time member of staff and has an annual turnover of 50,697 and a GP of 50%. The business retails a fine range of greeting cards, Yankee candles, gifts, helium balloons, mugs, teddy bears and children's toys. We believe that there is further potential to increase trade by maybe opening Sundays or adding a website for online sales. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business 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.
Opening Hours

Monday - Saturday - 9.00am - 5.30pm
Sunday - Closed

Ground Floor

Retail area comprising: sales counter with cash register, card display shelving and racks, wall displays, display cabinets and central displays

Kitchen comprising: sink, tea & coffee area and storage area

First floor

Store room with storage racking
Small store room with sink

The property benefits from front electric roller shutters, intruder alarm and CCTV with 3 x internal cameras

Map & Street View

Disclaimer - Property reference 1084. The information displayed about this property comprises a property advertisement. 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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