Convenience Stores for sale in Hall Green

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 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Freehold Price: £779,950 Annual Turnover: £700,000
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Business Description
Veritas Business Sales are delighted to offer for sale this outstanding Convenience Store which is located in Hall Green. The business has been established for over 50 years and has been in the careful hands of our clients for the past 20 years. Reluctantly the business is now being offered for sale to so that they can enjoy a well deserved retirement. Since ownership they have continually invested in new equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is family operated and has an weekly turnover of over £11,000 with additional commission income of £13,000 per annum. They retail a wide range of products to include groceries, confectionery, greeting cards, hardware, pet foods, tobacco, beers, wines, spirits, soft drinks, bread, ice creams, newspapers, toiletries, pet foods, dairy produce, newspapers and magazines. Services include Pay point, The National Lottery and an ATM cash machine. Included is a Vape shop which is rented out for £600 PCM and an office to the rear which is also rented for £600 PCM. Above you have spacious 5 bedroom owners living accommodation which could easily be turned into 2 rental flats by erecting a wall in the lounge. A 2 bedroom flat could produce (£650 PCM) and a 3 bedroom flat which would produce (£850 PCM) both have self-contained access from the rear. We believe that there is further potential to increase trade adding food to go products. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many passers by due to it’s prominent location. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.
Trading Hours:
Monday – Sunday – 8.00am – 9.00pm

Tenure: Freehold

Number of bedrooms: 5

Accommodation Details:
First floor Single bedroom Hallway with door leading to roof terrace Lounge Dining room Double bedroom Bathroom with shower cubicle, W/C and wash basin Fully fitted L shaped kitchen Dining room/lounge with patio doors leading to roof terrace Second floor Double bedroom with fitted cupboards, 2 x veluv roof windows, en-suite with shower cubicle, W/C and wash basin Double bedroom Double bedroom with en-suite shower cubicle, W/C and wash basin External Ground floor Rear yard with metal stairs leading to first floor accommodation. Single storey brick built storeroom/office comprising: Lounge, single bedroom, kitchen, bathroom with shower cubicle, W/C and wash basin. This is double glazed, has electric storage heating and 3 roof windows. Currently sub-let for £600 PCM First floor Roof terrace The retail benefits from CCTV, air conditioning and an intruder alarm EPC rating C

Location Details:
This respected Convenience Store is located in Hall Green, Birmingham. Positioned within a prominent and highly visible parade of other independent retail businesses to include a pharmacy, Chinese takeaway, bakery/coffee shop, barbers, pizza takeaway, vape shop, hairdressers, reptile shop, florists and fish & chip shop. The area is surrounded by residential properties, benefits from unrestricted parking and is easily accessible and well serviced by public transport that gives high levels of passing footfall. 

Website:

Listed by: Veritas Business Sales Ltd

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