Skip to main content Skip to footer

Retail premises for sale

£20,000

Birmingham B34, UK

Interested in this property? Call +44 161 937 5978 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Ref 5898 – Leasehold Convenience Store
Blacks Brokers are proud to bring to the market this leasehold convenience store located in the Hodge Hill area of Birmingham.


Introduction


Hodge Hill Minimarket has been trading on Maryland Avenue since 2016 with our client in ownership since early 2017. During that short trading history, the business has established itself well within the community and gained a good, repeat customer base. The shop offers an array of convenience products including fresh fruit and veg.


Location


Marylands Avenue is positioned in the Hodge Hill area of Birmingham, a well populated area of private housing well linked with the A4040, A452 and M6. Parking is available directly outside the shop along with excellent public transport links.


Reason for sale


Hodge Hill Minimarket is only being offered for sale due to our client’s other commitments, the business has become of a size that would suit a team rather than one hands-on owner.


Lease


The building is available on a competitive rent on an Internal Repair Only lease (iro lease). The current lease is 10 years and began in 2017 at a cost of £550 per calendar month.


Building layout and design


Hodge Hill Minimarket is housed within the ground floor of a large, mid-terraced unit within a busy parade of shops. Well branded, the shop has clear signage displayed above a fully glazed shop front with canopy and external fruit and veg display area. Inside, the shop is very well presented with modern flooring and lighting throughout and goods stocked on wall shelving, central aisle gondolas and within display fridges and freezers. The counter is positioned to the rear of the space with cigarette gantry behind. To the rear of the main retail area is a large store room and toilet. Externally, there is one designated parking space.


Staff


Hodge Hill Minimarket is currently operating with only our client in employment and would benefit from additional staff.


Financial details


Financial details are available upon a viewing of the business and Hodge Hill Minimarket has traded solidly over its trading history. The business is generating an annual turnover of £104,000 with gross profits of £36,400.


Summary


This leasehold business is relatively newly-established, yet has already gained a large customer base and good reputation. There is plenty of scope to develop the business further with the addition of alcohol sales and fresh meat sales which are much in demand in this area. This proposition would ideally suit an owner operating team who could push the business forward further. Early viewings are strongly advised. Business: £20,000.

Please quote ref: 5898

Property info

What Zoopla users think of Hodge Hill

Overall rating:

  • currently 4 stars
Very good - 79% (45 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Hodge Hill:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Stechford (0.8 miles)
  • Lea Hall (1.1 miles)
  • Adderley Park (2.5 miles)
  • Birmingham International Airport (3.6 miles)
  • Coventry Airport (16.0 miles)
  • East Midlands Airport (30.5 miles)
  • Sharpness Old Docks (60.6 miles)
  • Lydney Harbour (62.0 miles)
  • Bristol Docks Ferry Landing (78.6 miles)

Nearby schools

View all schools in Birmingham
  • Colebourne Primary School (0.3 miles)
  • Heathlands Primary Academy (0.4 miles)
  • Beaufort School (0.4 miles)
  • Riverside Education (0.9 miles)
  • Ward End Community College (1.0 mile)
  • Silver Birch (1.1 miles)
  • Washwood Heath Academy (0.9 miles)
  • Hodge Hill Girls' School (0.9 miles)
  • Braidwood School for the Deaf (1.0 mile)
Note: Distances are straight line measurements

Local info for Birmingham

About the neighbours in B34

AskMe Q&A for Birmingham

Ask a question

See all AskMe Q&A in Birmingham

For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

Contact Blacks Business Brokers about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers 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.

Properties on the market nearby

12 more properties like this

View all Maryland Avenue commercial property for sale