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Convenience Store for sale

49 High Street, Brierley Hill, West Midlands, DY5

Guide Price £49,950

Property Description

Commercial information

  • Business for sale

Key features

  • Lucrative convenience store
  • W/T 5,500, Payzone 500, good range of equipment
  • Busy main road parade, high foot fall
  • Spacious premises, owner retiring

Full description

Tenure: Leasehold

DESCRIPTION
This is an exciting opportunity to purchase a highly lucrative licensed convenience store situated in Brockmoor, Brierley Hill in the West Midlands.

The business occupies a prominent trading position on a busy main road parade of shops, with ample customer parking located close by, within a densely populated residential area attracting high levels of regular and passing trade throughout the day.

This heavily relied upon business has served the needs of the local community for a number of years and therefore boasts an extensive and loyal customer base.

The business retails a range of confectionery, tobacco, newspaper and magazine titles, off licence, frozen foods, dairy products, soft drinks, convenience items as well as offering Payzone.

The shop is a successful and highly lucrative buisness, yet still offers genuine scope for future growth and improvement. The business would ideally suit an ambitious operative, with the potential to extend the trading hours and be an owner operator.

These enhancements will undoubtedly increase the weekly sales, whilst ultimately enhancing overall profitability.

To avoid disappointment, a viewing is recommended.

WEEKLY SALES
Currently shop sales average 5,500 approximately.

LOTTO
Weekly lottery sales approximate to 2,000

OTHER
News Sheet 500
Payzone 500

ACCOUNTS
Current records and accounts can be inspected when viewing.

TRADING HOURS
Monday - Saturday 05:30 - 20:00
Sunday 06:30 - 14:00

STAFF
The business is managed by the owners with full/part time members of staff.

PROPERTY
The single fronted premises offer a deceptively spacious and versatile ground floor lock up business accommodation.

TRADING AREAS
The good size sales area is light and airy with a good selection of fixtures and fittings, including a two point EPOS system with scanner facility, CCTV and ample refrigeration.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners/management available.

TENURE
The current lease expires in 2017. The vendors have been in communication with the landlords who have advised verbally that they are prepared to grant a new lease to approved candidates at an initial rent of 6,500. Other terms to be negotiated.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
An excellent opportunity to purchase a highly lucrative business with a bright future. A viewing is therefore recommended. Offers invited for a quick sale. All reasonable offers considered.


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