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Property Listing Details

Features

  • Leasehold
  • Well established off licensed
  • Wt £6,000, potential to increase opening hours
  • Densely populated residential area
  • Well fitted, low overheads, viewing highly recommended

Listing view statistics

Last 30 days: 61 page views

Since listed: 174 page views

Description

Reference - 43689
Description

This is an excellent opportunity to purchase a well-established off licence occupying a prominent trading position in the popular residential area of Great Barr, Birmingham.

The off licence is located amongst a number of small businesses within a densely populated residential area ensuring the business attracts both regular local and passing trade.

Having served the locality for many years the business has forged strong links with the community and this heavily relied upon business boasts an extensive and loyal customer base.

The business offers its customers a wide range of traditional wines, beers and spirits as well as tobacco products, confectionery, soft drinks, selected groceries, an atm and Pay Zone.

The business operates from a double fronted lock up premises which have been recently refitted throughout providing welcoming business accommodation.

This is a successful and lucrative business yet has potential to increase the trading hours. The business would therefore ideally suit an ambitious hands on operative who can extend a much wider selection of convenience lines. These enhancements will significantly increase the weekly sales whilst ultimately enhancing overall profitability.

The business is only now being offered for sale due to relocation and viewing is highly recommended.

This is an excellent opportunity to purchase a well-established off licence occupying a prominent trading position in the popular residential area of Great Barr, Birmingham.

The off licence is located amongst a number of small businesses within a densely populated residential area ensuring the business attracts both regular local and passing trade.

This is an excellent opportunity to purchase a well-established off licence occupying a prominent trading position in the popular residential area of Great Barr, Birmingham.

The off licence is located amongst a number of small businesses within a densely populated residential area ensuring the business

Sales
Currently shop sales average £8,500 approximately.
Other

Payzone £400
Accounts

Current records and accounts can be inspected when viewing.
Trading hours

Monday – Saturday 11:00 – 22:00
Sunday 12:00 – 21:00
Staff

Managed by the owner.

Building External
The double fronted ground floor premises provide deceptively spacious lock up business accommodation.

Building Internal
The welcoming sales area is bright and airy creating a welcoming environment. The business has recently been refitted and has a good range of fixtures and fitments. There are ample storage facilities and a staff toilet.
Residential accommodation

There is no residential accommodation for owners/management available.
Tenure

We are advised that the property is held on a 20 year lease which commenced in 2011. The annual rent is £10,500 exclusive (correct as advised on 15/05/15). Rent reviews are at 5 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.
Summary

This is an excellent opportunity to purchase a lucrative business with a bright future which is only being offered for sale due to relocation. An opportunity not to be missed.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • " role="presentation" aria-hidden="true"> Hamstead Infant School 0.3 miles
  • " role="presentation" aria-hidden="true"> Hamstead Junior School 0.3 miles
  • " role="presentation" aria-hidden="true"> Hamstead (Birmingham) 1 miles
  • " role="presentation" aria-hidden="true"> Tame Bridge Parkway 1.5 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Kings Business Transfer. 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 Kings Business Transfer for full details and further information.