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Just added
Leasehold
Guide price
£130,000
Retail premises for sale
Stourbridge, West Midlands DY81 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
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
Listed by
Galaxy Real Estate
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