Skip to main content Skip to footer

Retail premises for sale

£19,999

59A Malt Mill Lane, Halesowen B62

Interested in this property? Call +44 1204 351867 * or

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

Property description

Business
Hilton Smythe welcomes to the market tj Stores.

There has been a Newsagents come grocery store on this site since the 1950’s and the current owner has run it successfully for the last twelve months or so. The business is now being sold albeit reluctantly and with a heavy heart only due to personal circumstances. The current owner has made many improvements in the short time that he has owned this lovely little business and he is keen to see it passed to an ambitious and entrepreneurial new owner who can take it to the next level.

The business sells: Newspapers and magazines, tobacco products, bread milk and dairy products, confectionery, crisps and snacks, sandwiches, cold drinks and general groceries

Additionally, the business has a Payzone terminal averaging sales of approximately £400 per week and a Lotto terminal which has sales of circa £550 per week. The weekly news bill averages £325.

The business is at the heart of the local community and has lots of regular customers many of whom are known on a first name basis by the current owner.

Scope to Improve
1.Advertising and marketing campaign
2.Maximise the use of social media
3.Apply for an alcohol licence and open as an Off Licence, this would see takings increase significantly and there is real demand in the area
4.Extend the opening hours
5.Reintroduce newspaper delivery rounds, lots of older residents in the area who like this service.
6.Review the range of products stocked and perhaps introduce fruit and veg and pet foods.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
tj Stores is located in Halesowen in the West Midlands.

Halesowen is a town in the Metropolitan Borough of Dudley in the West Midlands. Historically in Worcestershire, the town is around 8 miles from Birmingham City Centre and 6 miles from Dudley town centre.

Transport in the town is overseen by Transport for West Midlands and it is served by a comprehensive bus network and is on the Hagley Road Bus Corridor from Birmingham to Stourbridge. Halesowen Bus Station is located on Queensway next to the asda supermarket.

Tj Stores is ideally situated in a stand-alone position in an area which is both densely populated residential housing alongside industrial premises and as such benefits from high levels of foot fall and passing trade.

The business is nicely presented and maintained with clear visible signage and there is free on street parking immediately outside the premises and further down the road.

Premises
The business occupies the ground floor of a former Victorian Villa and briefly comprises;

Shop

•Windows and glazed door to front creating a light airy interior
•Tiled floor,
•Suspended ceiling
•Perimeter shelving and central shelving gondola
•Glass topped ice cream freezer with sliding lid
•Freestanding metal display unit with hooks for bagged items
•Greeting card racking with drawers beneath
•Perspex newspaper stand
•Generous run of magazine racking
•Semi-circular soft drink display
•Metal basket type display for crisps and snacks
•Double glass fronted dairy chiller
•Double glass fronted soft drinks chiller
•Bespoke sales counter with crisp display beneath
•Lotto terminal and scratch card dispenser
•Chewing gum dispenser
•Cigarette gantry behind counter.

The shop is well stocked and cleverly designed to maximise the space available.

Stockroom / Office

To the rear is a stock Room come office with:
•A range of base units with drawers
•Sink and drainer
•Space for fridge
•Microwave and kettle
•Fluorescent lighting
•Perimeter shelving
•Floor storage space

Tenure
We are advised that tj Stores is being sold as a leasehold business opportunity.

The existing lease expires in June 2020 and the rent is a very reasonable £5200 per annum. We are further advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

We are advised that the business benefits from being exempt from business rates and none were payable at the time of instruction.

Hours
Monday to Saturday 6am - 6pm
Sunday 7am - 2pm

Staff
The business is run and managed by our client with the help of his partner.

Financial Profile
tj Stores generates an advised current turnover of circa £83,000 per annum but it needs to be stressed that the business is currently being run at a pace to suit.

What Zoopla users think of Halesowen

Overall rating:

  • currently 4 stars
Very good - 82% (128 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 3.5 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4.5 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate Halesowen:

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

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

  • Rowley Regis (0.6 miles)
  • Old Hill (0.8 miles)
  • Cradley Heath (2.2 miles)
  • Birmingham International Airport (12.3 miles)
  • Coventry Airport (24.5 miles)
  • East Midlands Airport (38.9 miles)
  • Sharpness Old Docks (54.8 miles)
  • Lydney Harbour (56.2 miles)
  • Bristol Docks Ferry Landing (72.5 miles)

Nearby schools

View all schools in Dudley
  • Olive Hill Primary Academy (0.3 miles)
  • Highfields Primary School (0.3 miles)
  • Hurst Green Primary School (0.5 miles)
  • St Georges Academy (5.8 miles)
  • Birmingham Ormiston Academy (6.4 miles)
  • Reach School (6.5 miles)
  • Halesbury School (0.5 miles)
  • Leasowes High School (0.8 miles)
  • The Westminster School (1.0 mile)
Note: Distances are straight line measurements

Local info for Dudley

About the neighbours in B62

AskMe Q&A for Dudley

Ask a question

See all AskMe Q&A in Dudley

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

Contact Hilton Smythe Commercial 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 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.

Properties on the market nearby

13 more properties like this

View all Malt Mill Lane commercial property for sale