Hilton Smythe welcomes to the market The Drinks Box, Wordsley. Established in the 1960’s, our client has been successfully running the business since inception in 2014.
The business reports a very healthy turnover of circa £234,000 per annum, with revenue derived from the retail of wines, spirits beers and cider and tobacco products. The store is well stocked and this well-established business has an enviable reputation for the vast range of products and competitive pricing.
The business benefits from high levels of footfall due to the businesses position next door to Wordsley Post Office within this vibrant and busy shopping centre and also has the advantage of low running costs.
We believe there is real potential to increase profit, the current owner employs a Manager to run the shop but would ideally suit an Owner/Manager or husband and wife team to reduce the wages bill. In addition, a new owner could look into marketing the business via the introduction of a website to extol products stocked and promote special offers.
This is a great business but the current owner is keen to move on to other business ventures, therefore the business is competitively priced for a quick sale and the current owner is happy to offer a handover to ensure the continued success of the business.
The business is located approximately 2 miles north of Stourbridge town centre, West Midlands.
The Drinks Box is situated in a fantastic position in the vibrant Wordsley Green Shopping Centre alongside complimentary retail businesses such as hairdressers, butchers, opticians and sandwich shop and close to Wordsley Post Office and local library.
Wordesley Green is situated approximately 12 miles to the west of Birmingham City centre and 3 miles to the south of Dudley. There is free parking to the front of the business and the premises are on a number of main bus routes just off the main A491
Single fronted corner positioned business briefly comprising:-
The business is nicely presented with bright attractive signage and an electric roller shutter to the front.
Window to front creating a light airy interior, generously sized shop presented in immaculate order with carpeted flooring, high ceilings with fluorescent lighting, counter with till, wrapping area and cigarette gantry behind, perimeter shelving, glass topped ice cream freezer and long open drinks chiller.
Good sized useful stockroom with tiled floor, perimeter shelving and door to rear.
WC with hand wash basin.
The business benefits from a 4 camera CCTV system and alarm and ample free parking to the front.
We are advised leasehold.
The original lease length is 20 years
18 years remain on the lease.
Rent is £12,000 per annum
The business opens 7 days a week 12 noon to 9.00pm.
The business is owner run with the assistance of a Manager and 1 full time member of staff.
The business reports a very healthy turnover of circa £234,000 per annum.
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