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Convenience Store For Sale

South Birmingham, West Midlands, UK
Asking Price:
£15,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£100K - £200K
Net Profit:
On request

Turnkey business for sale
Trading for 9 years
Loyal customer base
Fully stocked
Fridge, freezers & shelving included
CCTV and all other electrical equipment included
Established supplier network
Ready to trade from day one

It's been a successful family run business for 9 years. We will be disclosing the full list of suppliers for ease of transfer, and also transfer the limited company on request. The shop comes with a contact as accountant if you do not have your own. You will get the keys and can start selling next day.

The lease will be handled by the estate agent who will make a smooth transfer of lease into your name on the current terms. Any terms or negotiations for extending the lease will have to be made directly with the estate agent.

The shop is on a busy road and has a network of private properties nearby with huge potential for increase in sales. Bristol Road, Northfield.

The lease is £875 per calendar month.

The shop is being sold due to increasing health issues and no longer being able to manage it.

Property Information

Property:

Leasehold

Lease Terms:

11 months left on the current lease which is transferrable. Possibility of open ended lease from June 2027.

Leasehold Rent:

£10,500 per annum

Location:

The shop is located on a busy main road on Bristol Road, Northfield, Birmingham.

Premises Details:

Cornershop location.

Size in square feet:
295

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The shop has potential for increasing sales with the right management and advertismnet.

Reasons for selling:

The shop owner has health challenges and can no longer work, the wife is unable to manage the shop on her own.

Trading hours:

Monday - Saturday: 10am - 8pm
Sunday: 10am - 4pm.

Employees:
Family run by husband and wife.
Years established:
9

Other Information

Furniture / Fixtures value:
£12,000 - included in the asking price
Inventory / Stock value:
£10,000 - included in the asking price