Blacks Brokers are delighted to bring to the market this long established off licence and convenience store in Wordsley, Stourbridge.
The Local Mini Store has been here on Kinver Street for many years, with our client taking ownership in April of 2015. The business has a large, local community of customers with a large residential area close by and other businesses too. Offered for sale due to a lack of time and family commitments, we have a great opportunity for a new owner to take on this busy, profitable shop and off licence and continue to drive it forwards.
The business is located at the junction of High Street and Kinver Street with other businesses close by and opposite the popular Rose Crown. There is a large former local authority housing estate to rear with a large residential population and Wordsley School nearby. The busy main road location provides much passing traffic and custom. The business also includes a car park to fit 5 cars. The business is housed within an end terraced retail unit, with a spacious, main shop floor with storeroom and toilet to the rear. All areas are well presented, with shelving, central display gondolas and tiled floor.
It is a Fri lease that has 8 years remaining as it started in 2015 on a ten year lease.
On the first floor of the building is a well presented, one bedroomed, self-contained flat which is accessible via a staircase to the rear of the business. With consistent weekly takings of £3,500 and rent of only £715 per calendar month, this is a sound investment for a new owner-operator.
This is an excellent opportunity to acquire a well-established and well known business which is very much part of the local community. The business comes very well presented with a large customer base in place. Early viewings are highly recommended, early interest and completion is much anticipated. Business: £10,000.
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