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Retail premises for sale

£17,500

83 Old Birchills, Walsall WS2

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Property description

Business
Hilton Smythe welcomes to the market Your Local Convenience Store.

There has been a Convenience Store at this site since the early 1950’s and the current owner has run it successfully for the last 8 years; and is now selling albeit reluctantly to pursue other business interests and spend time with his young family.

Your Local Convenience Store sells tobacco products, confectionery, general groceries, household cleaning products, pet foods, bread, milk and eggs.

The business is well loved by the locals and has lots of regular customers, many of whom are known on a first name basis. The business has a 3 star hygiene rating.

Scope to improve:
Advertising and marketing campaign
Maximise the use of social media
Extend the opening hours
Offer a delivery service
Consider selling sandwiches and take away food, lots of business in the area that would like a lunchtime offering.
Apply for an alcohol licence. This business is crying out for an off licence, there is great demand locally, the current owner cannot provide this due to his religion. Takings could increase significantly.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Your Local Convenience Store is located in Walsall in the West Midlands.

Your Local Convenience Store is ideally situated in a main road position in an area of densely populated residential housing and as such benefits from high levels of footfall and passing trade.

The business is nicely presented with clear and visible signage and has free on street parking immediately outside the premises.

Walsall is extremely well connected within the UK road network as it is served by the M6 which connects the M1 motorway towards London. There are three nearby junctions which serve Walsall on the M6 motorway, junctions 7,9 and 10. The stretch between these junctions is one of the busiest in Europe. The town is also served by the A34 road which connects Manchester and the M42 motorway towards London and is connected regionally by the A454.

Premises
Your Local Convenience Store is located in Walsall in the West Midlands.

Your Local Convenience Store is ideally situated in a main road position in an area of densely populated residential housing and as such benefits from high levels of footfall and passing trade.

The business is nicely presented with clear and visible signage and has free on street parking immediately outside the premises.

Walsall is extremely well connected within the UK road network as it is served by the M6 which connects the M1 motorway towards London. There are three nearby junctions which serve Walsall on the M6 motorway, junctions 7,9 and 10. The stretch between these junctions is one of the busiest in Europe. The town is also served by the A34 road which connects Manchester and the M42 motorway towards London and is connected regionally by the A454.

Tenure
We are advised that Your Local Convenience Store is being sold as a leasehold business opportunity.

The current lease is arranged on a monthly rolling basis and the rent is an extremely reasonable £5400 per annum.

We are further advised that the landlord would be happy to negotiate a mutually acceptable lease with the new owner.

There are no business rates currently payable.

Hours
Monday to Friday: 10am – 9pm
Saturday 10am - 8.30pm
Sunday 10am - 8pm

Staff
The business is run and managed by our client with the help of casual staff when required.

Financial Profile
Your Local Convenience Store generated an advised turnover of circa £51,000, with a gross profit of 33%, as per the 2016 accounts.

What Zoopla users think of Walsall

Overall rating:

  • currently 3.5 stars
Good - 70% (208 ratings)

Ratings breakdown:

  • currently 3.5 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3.5 stars
Parks & recreation
  • currently 3.5 stars
Restaurants & shopping
  • currently 3.5 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Walsall:

Tell us what you think of this area by rating these categories.
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Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Walsall (0.6 miles)
  • Bescot Stadium (2.0 miles)
  • Bloxwich (2.0 miles)
  • Birmingham International Airport (14.1 miles)
  • Coventry Airport (26.6 miles)
  • East Midlands Airport (32.5 miles)
  • Sharpness Old Docks (63.4 miles)
  • Lydney Harbour (64.7 miles)
  • Woodside Birkenhead Ferry Terminal (69.8 miles)

Nearby schools

View all schools in Walsall
  • Birchills Church of England Community Academy (0.2 miles)
  • Croft Academy (0.3 miles)
  • Reedswood E-ACT Academy (0.3 miles)
  • Wolverhampton Vocational Training Centre (4.6 miles)
  • St Georges Academy (7.9 miles)
  • CUL Academy Trust (8.0 miles)
  • Queen Mary's High School (0.8 miles)
  • West Walsall E-ACT Academy (0.9 miles)
  • The Jane Lane School, A College for Cognition & Learning (0.9 miles)
Note: Distances are straight line measurements

Local info for Walsall

About the neighbours in WS2

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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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