Status: For Sale
Tenure: Leasehold
Leasehold Rent: £8,000 per annum
Turnover: £156,000
Convenience Store Residential Location Brierley HillConvenience Store Residential Location Brierley HillConvenience Store Residential Location Brierley HillConvenience Store Residential Location Brierley Hill
£44,999 + SAV

Convenience Store Residential Location Brierley Hill

For Sale
  • Reference: 14008 H
  • Location: Brierley Hill, West Midlands
The business was founded by the current owner in 2009 and is now being sold reluctantly due to her wish to pursue other business interests and family commitments.

The business is a popular and well used convenience store selling general groceries, wines beer and spirits, newspapers, tobacco products and pet foods. The store is the heart of the community with lots of regular custom many of whom are known by the owner on a first name basis.

The business has a PayPoint terminal which takes approximately £600-£700 per week and a Lottery terminal of £300 per week.

Scope to
Extend the opening hours.
Advertising and marketing campaign, perhaps a regular leaflet drop around the surrounding. area with latest promotions etc.
Maximise the use of social media.
Offer a delivery service.
Offer agencies for parcels, dry cleaning etc.
Newspaper delivery service.
Expand into lunch offerings.

TENURE

Our client owns the freehold but the business will be offered on a leasehold basis with the owner happy to negotiate a mutually acceptable lease with the new owner.

A rent of approximately £8000 has been suggested.

There are no business rates currently payable.

HOURS

Monday to Thursday 7-8
Friday and Saturday 8-9.30
Sunday 9-7.30

STAFF

The business is owner managed with the help of family members and casuals as and when required.

FINANCIAL PROFILE

The business has a turnover currently of approximately £156,000 per annum.

EXTRA NOTES

Reasons to Buy
A well-established business with an enviable reputation and many existing customers.
Little or no competition locally.
A real opportunity to increase turnover significantly, current owner running at a pace to suit.
Ideal owner managed or husband and wife business.
Current owner happy to offer a handover to ensure the continued success of the business.
Brilliant main road position.
Immaculately presented and maintained making this an ideal Turnkey business.
Low running costs with inexpensive rent and no business rates.
There may be the possibility of buying the freehold at a later date.
Brierley Hill is a small town of the Dudley Metropolitan Borough, in the West Midlands. Situated approximately 2.5 miles south of central Dudley and 2 miles north of Stourbridge.

Brierley Hill is situated along the main A461 road between Stourbridge and Dudley, with other roads providing connections to neighbouring locations. It is also served by numerous bus services, with a bus station situated at the Merry Hill Shopping Centre and several bus stops along the main High Street.

The business is ideally situated on a main road position and benefits from high levels of footfall and passing trade. There is free on street parking and additionally there is a pub next door where it is possible to park for a few minutes when visiting the shop. The area also boasts a primary school and high school as well as factories directly facing, from which the store derives a generous amount of trade.

The business is unopposed, well signed and is situated in a mainly residential area boasting many regular customers.
The business occupies the ground floor of a period terraced property and is presented to the highest possible standards and needs to be viewed to be fully appreciated for the opportunity that it represents to an ambitious new owner.

Property circa 62 m2 as of the VOA website.

Shop
Windows and glazed door to front creating a light and airy interior, tiled floor and suspended ceiling with fluorescent lighting.

Equipment includes: -
8 camera CCTV system
Newspaper and magazine racking
Glass topped ice cream freezer
Long open drinks chiller
Freestanding crisp display
Bespoke counter with till
PayPoint terminal
Crisp racking
Air conditioning
Perimeter shelving
Greeting card racking
Glass topped food freezer
Long open dairy chiller
Wine shelving

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