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Leasehold Off-Licence, High Street, Birmingham, B23

Leasehold
£139,950

Business rates & charges may apply

VERITAS BUSINESS SALES LTD, Midlands
SECTOR

Convenience store for sale

USE CLASS
Use class orders: A1 Shops

A1

Key features

  • Established Business
  • High Street Location
  • Turnover £15,000 Per Week
  • Ideal Bolt On
  • Currently Operated by Staff

Property description

Leasehold Off-Licence Located In Erdington
Ref 2619

Location
This delightful retail Off-Licence business is located on the main High Street in Erdington, Birmingham. Its stands within a prominent and highly visible trading position on a corner and is close to large retailers like, KFC, Pizza Hut, Lloyds Pharmacy and HSBC Bank, all of which bring high footfall to the area. Birmingham city centre is just 4.2 miles away and you have easy access to the M6 motorway.

Asking Price: £139,950 plus SAV (£30,000)

Business Description
Veritas Business sales are delighted to offer for sale this respected Off Licence which is located in the Erdington. The business has been established for over 22 years and has been in the careful hands of my clients for the past 12 years. Reluctantly the business is now being offered for sale to so that they can concentrate on other business interests.
Since ownership they have made continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Viktors Wines is overseen by its owners but is mainly operated by 2 part time members of staff and has an average weekly turnover of circa £12,500 net of vat. They retail a fine selection of beers, wines, spirits, soft drinks, tobacco products, confectionery, groceries and milk. Other services and additional income include The National Lottery (sales £260 per week) and Paypoint (sales are £1,200 per week).
We believe that there the business would benefit from a more hand on owner operator. 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 is not to be missed.

Opening Hours
Monday - Saturday - 10:00am - 10:00pm Sunday - 12:00pm - 9:00pm

Leasehold
New 15 year lease available Rent: £21,600 pa Rates: £2,200

Ground floor
Retail sales area comprising: sales counter with EPOS till system, lottery terminal, tobacco kiosk, glass vape display cabinet, sales and display shelves, 2 central display isles, large 9 door drinks chiller, large multi deck soft drinks chiller, ATM cash machine, ice cream fridge, wall mounted TV and CCTV monitor. Under stairs storage cupboard. Small kitchen with sink drainer, base & wall units and microwave. W/C with wash basin.

Cellar
One storeroom below the retail shop.

The property benefits from a CCTV (12 camera) system, redcare alarm, 2 blower heaters and manual shutters to the frontage.

EPC Rating C

Leasehold Off-Licence, High Street, Birmingham, B23

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Erdington Station0.1 miles
  • Chester Road Station0.6 miles
  • Gravelly Hill Station1.1 miles

About VERITAS BUSINESS SALES LTD, Midlands

CENTRAL BOULEVARD, BLYTHE VALLEY BUSINESS PARK, SHIRLEY, SOLIHULL. B90 8AG

Veritas Business sales boasts over 15 years’ experience in Business sales, Acquisitions, and Commercial property sales. Whether you are selling a coffee shop in the Midlands, Public house in Wales or a Hotel in Cornwall we can help you with your exit strategy. We have a network of Consultants across the UK so choosing an agent that understands your business and the benefits of its location, means we can strategically present your concern to a focused audience.

Please contact us for a fr

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Industry affiliations

Notes

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Disclaimer - Property reference 2619. 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, Midlands. 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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