Busy convenience store for sale

  • Price: £28,500
  • Annual Turnover: £100,000
Birmingham, West Midlands, England
Seller Ref:B07553
For Sale

Busy convenience store for sale

Birmingham, West Midlands, England
Seller Ref:B07553
  • Price: £28,500
  • Annual Turnover: £100,000

Overview

Seller Ref: B07553

Description

Business
Please quote referrence B07553


CoGoGo are delighted to welcome to the market My Local Express, a newly established convenience store in Handsworth, Birmingham.


The business was established by our client in 2023, building up an excellent reputation and regular client base during its short time of trading. 


The business has now come to the open market due to our clients desire to move onto other business ventures. 


The business stocks groceries, confectionary and household essentials. 


Key selling points –

  • High footfall location
  • Newly renovated
  • Scope for expansion
  • Turnkey business


Scope for further growth –

  • Increase opening hours
  • Add cigarette and vape sales
  • Introduce parcel drop off/collections
  • Introduce alcohol/off licence sales

Location
My Local Express is located on Rookery Road, in the Handsworth area of Birmingham.


The business has bold signage which can easily be noticed on both sides of the road. Led lights which is switched on at nights and is very bright. 


A brand new metal canopy roof has been fitted at the front with guttering.


Potential to sell fruit and veg or drink crates. 


There is free parking to the front of the shop and is directly opposite a busy bus stop, receiving high levels of footfall

Premises
Ground floor –

  • Large service area with a counter and shelving
  • Central display stands, with slat wall paneling, fridges and freezers. 
  • To the rear of the shop is the storage room. 
  • Kitchen and bathroom facilities to the rear.


First floor –

  • 2 Big double bedrooms
  • Large storage room at the back which can be refurbished into a 3rd bedroom to let.


External –

  • Seperate gated side entrance. Entrance for the rear and upstairs. 
  • The property has a 4K CCTV system. 

Tenure
We are advised that the business is being sold on a Leasehold basis, on brand new 5 year lease. The rent is £1,250 per calander month.

Hours
The current trading hours are – 


Monday to Saturday – 8am – 5pm

Staff
We are advised that the business is run and managed by our client only. 

Financial Profile
Further financials can be made available upon request. 

Is this business relocatable:
No
Is stock included:
NA

Listed By:

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