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Retail premises for sale

£39,950 (£39.95/sq. ft) Offers in region of

1 Cornyx Lane, Solihull B91

1,000 sq. ft*
Interested in this property? Call +44 121 721 9902 * or

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

Property features

  • Established business
  • Newly fitted
  • Scope to increase turnover
  • Comes with 2 bedroom accommodation above

Property description

Convenience Store Located In Solihull For Sale
Off-License
2 Bedroom Accommodation Above
Ref 2148

Location
This superb convenience store business is located in the highly desirable area of Solihull. Its joined to a café and sits within a highly visible and prominent main road location. The surrounded area is densely populated with residential properties to include new housing developments and is in close proximity to Jaguar Land Rover and other commercial businesses.

Business information
Asking Price: £39,950
Turnover: £3,500 net of VAT pw
Stock: £2,000

Leasehold
Original term: 15 years
Remaining : 10 years
Rent: £14,400 pa
Rates: Zero

Business Description
Veritas Business sales are delighted to offer for sale this well respected convenience store which is located in the highly desirable area of Solihull. The business has been established for over 30 years and has been in the careful hands of our client for the past 13 months. The business is now being offered for sale as my client wishes to move over seas. Since ownership they have refurbished and continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not have to be spent for some time. The business is owner operated and employs the help of 1 part time member of staff and has an average weekly turnover of circa £3,500 net of VAT. Serenity news retails a fine range of newspapers, confectionery, groceries, frozen foods, alcohol, cigarettes, greeting cards and cold drinks. We believe that there is further potential to increase trade by extending upon the current opening times and maybe adding additional product lines. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade which is a great base to build upon and as such early viewing is strongly recommended.

Opening Hours

Monday – Sunday – 6.00am – 8.00pm

Ground Floor
Retail comprising: Serve over sales counter, tobacco kiosk, large drinks chiller, dairy fridge, slush puppy machine, newspaper stand, greeting card racks, ice cream fridge, chest freezer, central display and sales & display shelves.
Storeroom with shelving
W/C with wash basin
Office with desk, CCTV monitor, storage shelves, wall units, sink drainer with base units and a small drinks fridge.

First floor
Lounge
Double bedroom x 2
Kitchen
Bathroom with bath and shower over, W/C and wash basin

External
Small rear yard with purpose built stock room
Frontage with off road parking for 2

The property benefits from CCTV 8 camera system, electric roller shutters to frontage and rear door and an adt alarm

EPC Rating F


What Zoopla users think of Solihull

Overall rating:

  • currently 4.5 stars
Very good - 86% (153 ratings)

Ratings breakdown:

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

  • Solihull (1.0 mile)
  • Olton (1.7 miles)
  • Widney Manor (1.9 miles)
  • Birmingham International Airport (2.3 miles)
  • Coventry Airport (12.9 miles)
  • East Midlands Airport (33.8 miles)
  • Sharpness Old Docks (57.0 miles)
  • Lydney Harbour (58.4 miles)
  • Bristol Docks Ferry Landing (75.0 miles)

Nearby schools

View all schools in Solihull
  • Yew Tree Primary School (0.4 miles)
  • Greswold Primary School (0.4 miles)
  • Damson Wood Nursery and Infant School (0.5 miles)
  • The Sixth Form College, Solihull (1.2 miles)
  • Solihull College (1.3 miles)
  • East Birmingham Network Academy (3.1 miles)
  • Lode Heath School (0.3 miles)
  • Solihull School (0.6 miles)
  • Saint Martin's School (1.0 mile)
Note: Distances are straight line measurements

Local info for Solihull

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Veritas Business Sales Ltd, B90 on +44 121 721 9902 * (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 Veritas Business Sales Ltd, and do not constitute property particulars. Please contact Veritas Business Sales Ltd 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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