£130,000

Retail premises for sale

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Leasehold

Guide price

£130,000

Retail premises for sale

Stourbridge, West Midlands DY8

1 bath

Local area information

Property location

Nearby amenities

  • Stourbridge Town 0.1 miles
  • Redhill School 0.2 miles
  • Greenfield Primary School 0.3 miles
  • Stourbridge Junction 0.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Stourbridge to find out more about the local area.

Features and description

  • Leasehold
  • Class E
  • High Street Location
  • Busy Parade
  • High Footfall
  • Close to Train Station
  • Attractive Location
  • Leasehold
Reason for Sale:

The vendor has relocated to London and is no longer able to manage the business in Birmingham. The shop operates primarily with staff, and due to the lack of consistent owner oversight, the opening hours are not strictly maintained. This is why the business is being sold despite its prime high street location and solid potential.

It’s important to note that the current turnover may not reflect the full potential of the business, as it has not been fully optimised under dedicated ownership. This represents an excellent opportunity for a hands-on buyer to grow sales further.

Key Features

- Low rent: £900 pcm.

- Business rates: Nil
Please make your own further enquiry.

- Timing: The opening hours are not maintained

- Premises licence: 07:30 – 11:00 pm

- Weekly turnover: £5,000 – £6,000

- Lease: 13 years lease (renewable)

- Asking Price: £130,000 (Stock at Valuation)

- Next Rent Review: 2029

- Property type: Leasehold

Amenities:

- PayPoint services available

- National Lottery recently introduced

Potential:

- Parcel services recently started

- No newspapers currently supplied (scope to expand)

- Situated in a highly sought-after area

- Opportunities for Growth

- Extend product range

- Introduce newspapers or other local services

- Increase promotional and marketing efforts

More information

Property descriptions and related information displayed on this page are marketing materials provided by - Galaxy Real Estate. 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 Galaxy Real Estate for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. West Midlands
  4. Stourbridge
  5. High Street