Convenience Stores for sale in Oldbury

View the "Williams Stores Oldbury Birmingham B68 8DB" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 It's a great way to advertise your business to people that are serious buyers...highly recommended. 

Y. MacGregor (Nov 2017)
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Leasehold Price: £49,999 Turnover: £244,400
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Business Description
Business
Hilton Smythe welcomes to the market, Williams Stores.

Williams Stores is a well-established and well stocked convenience store serving the local community.

There has been a similar type of business at this site for over ten years and the current owner has run it successfully for the last twelve months or so.

The business is now being sold, albeit reluctantly and with a heavy heart only due to an impending relocation to Liverpool. .

Williams Stores is well stocked and sells a range of products such as;

• Tobacco
• Confectionery
• Chilled soft drinks
• Beers, wines and spirits
• General groceries
• Sandwiches
• Frozen foods
• Greeting cards
• Payzone terminal (£250 per week approx.)

The business has an impressive number of regular customers many of whom are known on a first name basis by the current owner who is a popular and well-respected member of the local community.

Scope to Improve

1. Extend the opening hours
2. Advertising and marketing campaign, perhaps a leaflet drop locally with special offers
3. Maximise the use of social media
4. Website to extol the services and products stocked
5. Introduce Newspapers and Magazines
6. Introduce Lotto
7. Explore the different parcel collection services
8. Become an agent for dry cleaning etc.

Reasons to Buy

1. A well-established business with an enviable reputation and many existing customers
2. Perfect trading position on a main road with loads of free parking
3. Low running costs with inexpensive rent and no business rates
4. Ideal owner managed or husband and wife business
5. A real opportunity to increase turnover significantly. Current owner been running at a pace to suit
6. Recently refurbished throughout so a real Turnkey business
7. Current owner happy to offer a handover to ensure the continued success.

Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Williams Stores is Located in Oldbury in the West Midlands.

Oldbury is a town in Sandwell, West Midlands. It is a part of the Black Country and the administrative centre of the borough of Sandwell. The M5 has served Oldbury since 1964 and passes the town on an elevated section built on reinforced concrete pillars. Access is from Junction 2. This is also the closest junction to the Black Country Living Museum in Dudley.

Williams Stores is ideally situated in a main road position alongside a Hair and Beauty business and a former butchers and thus benefits from good levels of footfall and really high passing trade. There is also a school nearby which generates a considerable amount of income into the store.

The business is beautifully presented and maintained with clear visible signage and free parking immediately outside the premises along with free on street parking in the surrounding area.

Premises
The business occupies the ground floor of an inner terraced retail unit and briefly comprises:

Shop

• Glazed door and windows to front creating a light airy and inviting interior,
• Tiled flooring,
• Suspended ceiling with concealed lighting, cleverly designed to maximise the space available
• Perimeter shelving
• Central shelving gondola,
• Bespoke counter
• Till,
• Payzone terminal,
• Card Machine
• Wrapping area,
• Cigarette gantry
• Spirit shelving,
• American sweet display,
• Confectionery racking,
• Crisps and snacks racking,
• Greeting card racking
• Twin glass fronted freezers,
• Long open drinks chiller,
• Dairy and drinks chiller,
• Hanging section for bagged sweets etc.

Stockroom

Generous stockroom with tile effect vinyl flooring and fluorescent lighting,
stainless steel sink and drainer with useful double cupboard below, fridge, microwave and kettle, perimeter shelving. There is a toilet separate accessible to the stock room.

Rear yard

A good sized rear yard secured by fencing and with double gates at the end providing off road parking if required.

There are also two useful brick-built stores.

The business is secured by an 8 camera CCTV system and electronic shutters.

Tenure
Williams Stores is being sold as a Leasehold business opportunity.

The existing lease has approximately 1 year remaining, but we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner. The rent is a very reasonable £8500 Per Annum.

We are advised that the business benefits from being exempt from business rates.

Hours
Monday to Friday 6.30am – 10pm
Saturday 8am – 10pm
Sunday 8am – 8pm

Staff
The business is run and managed by our client with the help of 2 part time members of staff and casuals as required.

Financial Profile
Williams Stores generates an advised current turnover of circa £245,000 Per Annum but it needs to be stressed that the business is currently being run at a pace to suit.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

 
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B04376
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