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Retail premises for sale

£21,000

18 Mount Pleasant, Bilston WV14

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established butchers and greengrocer business, which is ideally located in Bilston in the West Midlands.

The business was originally established in 1975 and has been in our client’s careful ownership since 2001. Only now is the business being offered to the market, due to our client’s desire to concentrate on other business interests. The concern currently operates 6 days per week and generates a turnover in the region of £93,600 per annum, with a good gross profit.

Our client offers a wide variety of fresh meat and poultry, a selection of vegetables, dairy products, soft drinks and convenience items. The property offers just over 45 sq. Metres of floor space, is well maintained and fitted out to suit the trade. To the first floor is a one-bedroom flat, which is currently let out for £450 per month, which could continue for a new owner or be used as owners’ living accommodation.

The business has built up an excellent reputation within the area for the high quality of the goods and service offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by offering a delivery service within the area. A new owner could also embark on a modest marketing campaign to highlight the goods and service offered. We feel the business would benefit from the launch of a website to promote the goods offered.

This is an excellent opportunity for a new owner to take this already busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

Location
The Meat & Veg Centre occupies substantial two storey premises, ideally located within Bilston in the West Midlands. The property is situated on the busy Mount Pleasant and is surrounded by a wealth of complimentary shops and businesses, therefore, benefiting from a very high volume of footfall and passing trade. The business further benefits from good car parking facilities within the area.

Bilston is a town in the West Midlands. It is situated in the south eastern corner of the City of Wolverhampton. According to the 2011 census, the town had a residential population of 25,576. Bilston Town Hall is an iconic Grade II Listed venue, dating back to 1872. After closing down in 1996, it was reopened in 2008 following a £2.5 million restoration and is a go-to venue for a variety of events.

The area of the business is well-served by the public transport system, with a bus stop just outside the premises. The nearest railway station is Coseley, which is just over 2 miles away. The area is also well served by the a-roads, with the business being located just of the A41, which links to the national a-road and motorway networks. Walsall is approximately 5 miles away and Birmingham is 14½ miles away.
Premises
Substantial two storey premises in an ideal trading location, briefly comprising:

Ground floor:

Large window display area.

Tiled flooring.

Perimeter shelving.

2 x refrigerated serve over counters.

Serve over counter with electronic cash register and generous wrapping area.

Preparation tables.

Butchers block.

2 upright chiller units.

Glass top chest freezer.

Stainless steel hand wash basin with water heater above.

Greengrocery display.

Rear preparation area:

Walk-in chiller.

Perimeter shelving.

Kitchenette with base units and stainless steel sink unit with drainer.

Door to rear yard.

WC.

First floor:

One-bedroom flat, which is in good order and currently occupies, generating £450 per month rent.

External:

The front of the premises is newly decorated with good clear signage,

Rear secure yard and access to first floor flat.
Tenure
We are advised Leasehold:

Original lease length: 5 years

Rent: £330 per month.

A new lease is currently being arranged
hours
The business is open:

Monday – Saturday: 9.00am – 7.00pm

Sunday: Closed
staff
The business is owner run and managed with 1 x full time and 1 x part time staff members.
Financial profile
The business generates a turnover in the region of £93,600 per annum, with a good gross profit.

What Zoopla users think of Bilston

Overall rating:

  • currently 3.5 stars
Good - 70% (55 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
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  • currently stars
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Community & safety
  • currently stars
  • 1
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  • 5
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  • currently stars
  • 1
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  • 5
Parks & recreation
  • currently stars
  • 1
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  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 4
  • 5
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  • 1
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  • currently stars
  • 1
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Nearby transport

  • Coseley (1.6 miles)
  • Wolverhampton (2.4 miles)
  • Tipton (2.6 miles)
  • Birmingham International Airport (15.8 miles)
  • Coventry Airport (28.6 miles)
  • East Midlands Airport (36.2 miles)
  • Sharpness Old Docks (60.8 miles)
  • Lydney Harbour (62.1 miles)
  • Woodside Birkenhead Ferry Terminal (69.2 miles)

Nearby schools

View all schools in Wolverhampton
  • Holy Trinity Catholic Primary School (0.2 miles)
  • Villiers Primary School (0.3 miles)
  • Field View Primary School (0.4 miles)
  • Bow Street School (0.1 miles)
  • Wolverhampton Vocational Training Centre (2.5 miles)
  • West Midlands Construction UTC (2.5 miles)
  • South Wolverhampton and Bilston Academy (0.4 miles)
  • Moseley Park (0.6 miles)
  • Green Park School (0.8 miles)
Note: Distances are straight line measurements

Local info for Wolverhampton

About the neighbours in WV14

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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