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Retail Property (high street) for sale

84 Bromford Lane - B24


Property Description

Commercial information

  • Business for sale

Key features

  • Thriving and lucrative licensed convenience store
  • Weekly takings 14,000, lottery 500, paypoint 2,000
  • Prime position, busy main road, densely populated residential area
  • Rare opportunity, viewing highly recommended

Full description

Tenure: Leasehold

This is an excellent opportunity to acquire an established and well known licensed convenience store, which occupies a prime trading position on a busy main road with densely populated residential properties surrounding.

The business is prominently sited and enjoys a hive of activity with continual footfall throughout the day and night.

Due to the prominent location of the business and ample parking facilities, the store attracts regular local and passing trade from the large number of shoppers, workers and residents who frequent the area on a daily basis.

Having operated in the area for many years, this successful business has forged strong relationships with the local community, boasting an extensive and loyal customer base. The store retails an extensive range of confectionery, tobacco, a wide selection of traditional beers, wines and spirits, tobacco, frozen and chilled foods, as well as offering additional facilities such as the Lotto and PayPoint and an ATM.

The substantial and imposing shop premises provides a large sales area, which is light and airy with a range of quality, modern fixtures and fittings creating a welcoming environment.

This is a thriving and lucrative business and the business therefore represents an ideal proposition for an ambitious and energetic hands on operative, who can continue to nurture and improve the business which will naturally increase the weekly sales, whilst keeping additional staffing levels to a minimum, therefore enhancing the overall profitability.

To fully appreciate this first class business opportunity, a viewing is highly recommended to avoid disappointment.

Currently shop sales average £14,000 approximately.

Weekly lottery sales approximate to £500.

PayPoint £2,000.

Current records and accounts can be inspected when viewing.

Monday — Saturday 08:00 — 22:30
Sunday 10:00 — 22:00

Managed by the owners with part time members of staff.

Building External
The highly visible and imposing shop premises provides a spacious and versatile ground floor lock up business accommodation and self-contained first and second floor private accommodation.

The large sales area is superbly appointed, creating a bright and welcoming environment. The business is fitted to a very high standard with a comprehensive range of quality, modern fixtures and fittings including an EPOS system with scanners, CCTV and ample open refrigeration. There is a stockroom and a staff toilet and kitchen area. To the rear of the property is a large garage used for storage.

This part of the property has not been inspected but we are advised by the owner that it comprises of a first floor kitchen, a bathroom and two double bedrooms and a loft conversion with a lounge.

The vendors own the property and will grant a new FRI lease (subject to contract) for a period of 15 years, at an initial rent of £19,500 including the private accommodation but exclusive of rates. Rent reviews are at 3 yearly intervals.

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

This is an excellent opportunity to purchase a highly lucrative business with a bright future and a viewing is therefore highly recommended to avoid disappointment.

Map & Street View

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