Convenience Stores for sale in Halesowen

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Well-Established Convenience Store in Halesowen, West Midlands

Halesowen, West Midlands, England

  • Leasehold Price: £145,000
  • Weekly Turnover: £9,500
Seller Reference: convhalesks
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Business Description
 
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Seller Reference: convhalesks
Request Details
Business Description
City Business Brokers are pleased to bring to the market this well-established convenience store. The business has been successfully run by our client since 2006 who has worked tirelessly to transform the business into what it is today. Turnover is increasing weekly and is currently £9500 average per week.

The principal business activities lie in the serving of everyday commodities - bread, toiletries, groceries, alcohol and tobacco to name a few - with a consistent revenue from Lottery/Scratch cards. The business currently opens seven days a week, with a constant flow of customers from the neighbouring, densely-populated residential area. The business benefits from ample store parking. Over the past few years, our client has successfully transformed the fortunes of this sustainable business. Scope for further improvement could include introducing sales of other product lines, along with extended opening hours plus paper rounds.

The business reluctantly comes to the market due to our client’s family commitments and would suit an owner/manager to realise greater profits/wage.

#If the business is totally owner-run it should realise a wage/profit per week up to £1000!!! #

Location Description: The Convenience Store is located in a popular ”Black Country Town” in a prime location with other complimentary businesses within a small parade of shops, all nestled within a large residential area ensuring heavy footfall.

Premises Details: The business proudly sits on a central position within a parade of complimentary shops. The open plan retail area of the store is covered by means of tiled flooring, shelving is abundant to the perimeter walls, the retail area houses all the necessary fixtures and fitting to run the business including chiller cabinets, an open deck chiller cabinet and 1 ice cream freezer along with large confectionery, newspaper and alcohol displays. The retail area is extremely well-presented, allowing customers easy access to the amply stocked shelves. The retail area is extremely well lit with an array of LED panel lighting allowing a bright and welcoming atmosphere. Customers benefit from the installed PayPoint plus an ATM machine (good commission). Within the retail area of the shop is a counter server housing 2 Epos systems and a main terminal. To the rear of the ground floor lies the store room, along with kitchenette and a WC with external storage and 3 car parking spaces.

The business is run by the owners and two part-time assistants.

Trading Hours: The business currently observes the following opening hours: Monday to Saturday 8.00am to 10.00pm and Sunday 9.00am to 9.00pm.

Lease Terms: We are advised the business is Leasehold with thirteen years remaining. A new lease may be available.

Rent: £15000 pa. Zero Rates.

Included in the Sale: Furniture, fixtures and fittings are included in the sale including CCTV.

Viewing Arrangements: All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business. All information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy.

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Tenure:
Leasehold
Location Details:
Prime location with other complimentary businesses within a small parade of shops.
Leasehold Term:
13 years remaining. New lease available.
Listed by:
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