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Property Listing Details

Retail premises for sale

Old Birchills, Walsall WS2

  • Business for sale

£11,995

Property details

Listing view statistics

Last 30 days: 35 page views

Since listed: 322 page views

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 occupies the ground floor of a mid terraced former Victorian villa and briefly comprises;

Shop
Windows and a glazed door to front creating a light airy interior, well stocked shop with tiled floor and fluorescent lighting.

Equipment includes:
Perimeter shelving
Crisp and snack racking
Confectionery shelving
Central shelving gondola
Three glass fronted drinks chillers
Counter
Till
Generous wrapping area
Cigarette gantry

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.

Map & Nearby

Local Amenities

  • Walsall 0.6 miles
  • Bescot Stadium 2 miles
  • Croft Academy 0.3 miles
  • Birchills Church of England Community Academy 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Walsall 0.6 miles
  • Bescot Stadium 2 miles
  • Croft Academy 0.3 miles
  • Birchills Church of England Community Academy 0.3 miles
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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.