£55,000 Weekly Sales Supermarket With Post Office

  • Leasehold Price: £1,250,000
  • Weekly Turnover: £55,000
Sutton Coldfield, West Midlands, England
Seller Ref:CS0239WG
For Sale

£55,000 Weekly Sales Supermarket With Post Office

Sutton Coldfield, West Midlands, England
Seller Ref:CS0239WG
  • Leasehold Price: £1,250,000
  • Weekly Turnover: £55,000

Overview

Seller Ref: CS0239WG

Description

Embark on a journey to unparalleled success with this exceptional Supermarket nestled in the heart of Sutton Coldfield, Birmingham. Boasting an impressive weekly turnover of £55,000, complemented by an annual Post Office income soaring around £100,000, this opportunity is simply unbeatable.

**ATTENTION: PROOF OF FUNDS REQUIRED FOR PROPERTY ADDRESS DISCLOSURE**

Mailbox Estates proudly presents an exceptional opportunity to acquire a prime-positioned Supermarket in Sutton Coldfield, Birmingham.

This establishment is ideally suited for either a seasoned multi-operator seeking to further elevate its current success or a first-time buyer eager to venture into the dynamic retail sector.

The store stands in impeccable condition, ensuring a delightful shopping experience for customers, complete with convenient Post Office services. Its offerings include a diverse range of products expected from a top-tier supermarket: fresh produce, tantalizing snacks, household essentials, tobacco, and confectionery.

The store has undergone a recent revitalization, exuding a fresh and modern ambiance.

REASON FOR SALE:
* Our client has expertly managed this enterprise since 2017 but is now offering it for sale due to other business commitments.

THE OPPURTUNITY:
* Weekly Turnover in excess of £55,000.00
* Prime Trading Position
* Incorporated Post Office
Trading as a Leading Symbol Group
* Approx 3,000 Sq ft trading area

TURNOVER:
* We have been advised by our client that the counter sales on average are £55,000 per week, excluding commission services.

Additionally, the business operates on Just Eat and Uber Eats platforms for online orders, utilizing their delivery networks.

The post office remuneration is approximately £100,000 per annum.

LOCATION:
Nestled amidst adjacent neighborhoods just outside the high street, the property enjoys excellent bus accessibility, serving its community seamlessly. It shares the vicinity with other essential stores, including a pharmacy, hairdressers, and a popular takeaway restaurant.

STAFF:
A comprehensive staff schedule is available upon request.

RENT:
*Annual rent stands at £56,000, with a rent review every fifth year.

TENURE:
* Offered through the assignment of the existing lease with more than 10 years remaining, with renewal options available.

INTERNAL FEATURES:
*The trading area boasts dedicated chillers and freezers, strategically positioned around the shop’s perimeter. At the rear, facilities include staff toilets, a lounge area, kitchen, and stockroom. The first floor is currently used as storage for stock.

EXTERNAL AMENITIES:
*Benefiting from a front customer car park and delivery access at the rear, directly connecting to the stockroom.

GROUND-FLOOR SHOP PLAN:
*The ground floor encompasses an expansive retail sales area spanning an impressive 3000 sq. ft., meticulously maintained and presented.

BUSINESS RATES:
*Interested parties are advised to verify applicable rates with the relevant local authorities.

FIXTURES & FITTINGS:
*The business is fully equipped with fixtures and fittings, all of which will be included in the sale.

REGULATORY:
*Fully licensed premises, including both premises and Post Master licenses.

LEGAL COSTS:
*Each party bears responsibility for their own legal costs, with shared liability for landlord’s legal fees.

TRADING INFORMATION:
*Access to trading data is available to serious buyers who have signed a Non-Disclosure Agreement and undergone premise viewing.

VIEWING ARRANGEMENTS:
Early viewing is strongly recommended to avoid disappointment. Discreet customer visits are welcomed, but direct contact with the vendor is strictly prohibited.

DEPOSITS:
Successful applicants are required to submit a non-refundable deposit.

Mailbox Estates highly advises early viewing to avoid disappointment.

Leasehold Terms:
Offered through the assignment of the existing lease with more than 10 years remaining, with renewal options available
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA
Website address:
https://www.mailboxestates.co.uk/commercial-sales/area/shop/56601

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