Mailbox Estates is delighted to present an outstanding opportunity for discerning investors to acquire a strategically positioned Supermarket and post office in the vibrant locale of Sutton Coldfield, Birmingham, boasting impressive weekly sales of £55,000 complemented by an annual Post Office income soaring around £100,000.
**ATTENTION: PROOF OF FUNDS REQUIRED FOR PROPERTY ADDRESS DISCLOSURE**
This establishment presents an ideal prospect for either seasoned multi-operators looking to enhance its already impressive success or first-time buyers eager to make their mark in the dynamic retail sector.
The store has undergone a recent revitalization and therefore stands in impeccable condition, promising a delightful shopping experience for customers, complemented by convenient Post Office services. Its offerings include a diverse range of products expected from a top-tier supermarket: from fresh produce and tantalizing snacks to household essentials, tobacco, and confectionery.
REASON FOR SALE:
• Our client has adeptly managed this enterprise since 2017 but is now presenting it for sale due to other business commitments
THE OPPORTUNITY:
• Weekly turnover in excess of £55,000
•Prime trading location
• Incorporated Post Office
• Trading as a leading symbol group
• Approx. 3,000 Sq. ft. of trading area
TURNOVER:
• We have been advised by our client that the counter sales on average are £55,000 per week, excluding any commission services
• The post Office remuneration is approximately £100,000 per annum
• Additionally, the business operates on Just Eat and Uber Eats platforms for online orders, utilizing their delivery networks
LOCATION:
Nestled within an affluent location just off the high street, the property benefits from excellent bus accessibility, serving its community seamlessly. The business shares its vicinity with other essential stores, including a pharmacy, hairdressers, and a popular takeaway restaurant
STAFF:
•A comprehensive staff schedule is available upon request
RENT:
• Annual rent stands at £56,000, with a rent review every fifth year
TENURE:
• Offered through the assignment of the existing lease with more than 10 years remaining, with renewal options available
INTERNAL FEATURES:
• The trading area boasts dedicated chillers and freezers strategically positioned around the shops perimeter. At the rear, facilities include staff toilets, a lounge area, kitchen and stockroom
• The first floor of the property is currently being used as storage for stock
EXTERNAL FEATURES:
•The The store benefits from a front customer car park and has delivery access to the rear, which directly connects to the stockroom
BUSINESS RATES:
• Interested parties are advised to verify applicable rates with the relevant local authorities
FIXTURES & FITTINGS:
• The business is fully equipped with fixtures and fittings, all of which will be included in the sale
REGULATORY:
• Fully licensed premises, including both premises and Post Master licenses.
LEGAL COSTS:
• Each party bears responsibility for their own legal costs, with shared liability for landlord's legal fees
TRADING INFORMATION:
•Access to trading data is available to serious buyers who have signed a Non-Disclosure Agreement and undergone premise viewing
VIEWING ARRANGEMENTS:
Early viewing is strongly recommended to avoid disappointment. Discreet customer visits are welcomed, but direct contact with the vendor is strictly prohibited
DEPOSITS:
Successful applicants are required to submit a non-refundable deposit
