Off Licences for sale in Kings Norton

View the "Popular Off-Licence in Kings Norton, Birmingham *Viewing Recommended*" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Popular Off-Licence in Kings Norton, Birmingham *Viewing Recommended*

Kings Norton, West Midlands, England

  • Leasehold Price: £79,000
  • Weekly Turnover: £9,500
Seller Reference: offknortonKS
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Business Description
 
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Seller Reference: offknortonKS
Request Details
Business Description
City Business Brokers are pleased to bring to the market this successful and popular Off-Licence, with 2-Bedroom Accommodation above, located in the much-sought after area of Kings Norton. The business was established by our client in 2009 and he has built a successful business with an excellent reputation. Being ideally located on a main road, and in a high footfall area, the business attracts a large number of local residents and benefits hugely from passing trade, especially with its late opening hours.

Due to family commitments, our client has now placed this superb business on the market.

Turnover: £9,500+ per week
Trading Hours: Monday to Saturday 10.00am-10.00pm
Sunday 12.00pm-9.00pm
Rent: £18,000 per annum

Please Note: The owner currently works 30 hours per week in the business with part-time help.

Property Description: This is a single-fronted premises located on a busy main road in the busy and popular area of Kings Norton.

Ground Floor: The entrance leads into the main sales and display area. The shop is fully-fitted throughout with racking and shelving. There is a stunning display of wines and spirits and also large fridges to store beer. There is a Worldpay machine installed and Lottery. To the rear of the shop are several store rooms and toilet facilities. There is parking to the front for up to 3 cars.

First Floor: Apartment with separate Entrance, comprising Lounge, Kitchen, 2 Bedrooms, Bathroom and Toilet. Note: The apartment currently generates a rental of £450 per month. This should be reassessed by the new owner.

All Fixtures, Fittings and Equipment are included in the sale with Stock extra.

We feel there is massive scope to continue growth and increase turnover by adding Greeting Cards and more Convenience goods to the already impressive range of items offered. There is room to build an extension which would allow the business to encompass more Convenience goods. The business should be owner-run to maximise turnover and profit.

We highly recommend early viewing of this fantastic business.

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Tenure:
Leasehold
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