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Newsagent, Convenience Store & Off Licence In Harborne For Sale

Birmingham, West Midlands
Asking Price:
£35,000
Sales Revenue:
£234,000
Cash Flow:
Under £50K

Newsagent & Convenience store with off licence in the very desirable and affluent suburb of Harborne in Birmingham.
The business operates as a traditional Confectioner, Tobacconist & Newsagent with an Off licence.
A Home News Delivery service is offered and the weekly News bill is a very healthy £1200.00 which generates a 25% profit margin.
The business has agencies for the National Lottery, (tickets and scratchcards), Amazon parcel drop off and pick up point.
Total weekly commissions of all services equate to around £200.00.
The shop is well presented, it has two 3.75m Arneg remote chillers, two freezers, cigarette gantry, top quality card and magazine racking, shelving throughout, LED lighting throughout, non slip flooring, a CCTV system with 8 cameras, and electric shutters on the front.
The business operates from a ground floor lock up shop, approximately 500 sq ft, with a toilet and a large storage area to the rear. There is a customer parking spaces in front of the shop.
Nearby businesses include a dentist, beauty salon, estate agent, hair dressers and a dental laboratory.
The shop enjoys a regular custom and passing trade. there is a new housing development of 70 houses due to complete in 2018 virtually next to the shop which provides the potential for more custom.

Property:
Leasehold

Lease Terms:
Flexible terms will be available

Leasehold Rent:
£6,000 per annum

Location:
Highly desirable affluent suburb of Birmingham.

Premises Details:
Very well presented shop premises fitted to a very high standard

Size in square feet: 450

For more information, please contact seller below.

Property information

Property:

Leasehold

Lease Terms:

15 year lease from 2015 with 3 yearly rent reviews.

Leasehold Rent:

£6,000 per annum

Location:

Harborne, Birmingham.

Premises Details:

High quality refit.
Suspended ceilings
Full LED lighting
electric shutters.

Size in square feet:
450

Business Operation

Expansion Potential:

Potential to expand shop floor space by extending into the store room.

Competition / Market:

No competition in the immediate vicinity

Trading hours:

06:00 to 21:00

Years established:
60 years

Other Information

Support & training:

Full support & training will be given to the incoming owners

Contact Seller

Contact Information

    1. Your Address

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