Skip to content

Convenience store for sale

Off License & Convenience, West Midlands

£75,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
SIZE

Ask agent

SECTOR

Convenience store for sale

Key features

  • Post Office remuneration of £18,200 per annum
  • 20 years family owned
  • Busy main road junction
  • Daytime only, so lots of potential
  • Spacious family accommodation

Description

POST OFFICE, CONVENIENCE AND THREE BEDROOM RESIDENCE in Oldbury for Sale.

Busy Post Office, convenience store and family sized residence at one of the busiest crossroads in Oldbury, a market town equidistant between Birmingham and Dudley in the West Midlands. Our clients have owned the business for over 20 years and are now looking toward a well-earned retirement. Offers are sought for the business and property on either a leasehold or freehold basis. Annual retail turnover £136,554 plus a Post Office remuneration of £18,200 per annum. Most recently, the business has been run solely by its two owners on short opening hours and no evenings, leaving a huge opportunity for new owners to extend the opening hours and introduce an off-licence or increase the food offering. Currently, a good portion of the shop is dedicated to the sale of greeting cards which have good profit margins, however a bank of chillers with beverages and foods would prove to be hugely popular given the amount of footfall and vehicle traffic at this junction. Highly prominent corner building within which the Post Office and store occupies a large open plan ground floor area. Fortress Post Office counter. Widely spaced aisles with convenience goods to one side and greeting card displays to the other. Back areas include substantial storage rooms, an office area and rear door leading to a large, enclosed forecourt with carport. Staff kitchenette and WC. There is a separate independent entrance at street level to the accommodation which comprises three double bedrooms, house bathroom, dining kitchen and a colossal lounge, all on the first floor.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson.

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 591439. 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 Ernest Wilson & Co Limited, EW Leeds. 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.