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Guide price

£130,000

Retail premises for sale
Stourbridge, West Midlands DY9

    • 1 bath

Leasehold
Added on 28/05/2024

About this property

  • Leasehold for Sale

  • Close to High street

  • Close to schools

  • Premium Payable

  • Easy to manage

  • Busy Parade

  • High Footfall

  • Spacious

  • Attractive Location

  • Spacious

  • Parking

  • Leasehold

Prime Location-Stourbridge Off-License For Sale

Situated on one of the busiest roads in Stourbridge, this well-established off-license enjoys excellent visibility and heavy footfall, making it an ideal opportunity for both experienced operators and new investors. The location attracts a steady stream of local residents and passing trade throughout the day.

Vibrant Surroundings:
Situated in the heart of the DY9 area, this off-license is surrounded by a variety of shops, restaurants, and local amenities, supporting a strong, loyal, and consistent customer base.

Strong Transport Links:
Located just a short walk from Lye Station, with direct rail access to Central London, ensuring easy access for locals, commuters, and suppliers.

Consistent Footfall:
Positioned on one of Stourbridge’s busiest roads, the shop benefits from a steady stream of passing trade, local residents, and tourist traffic.

Business Details

Weekly Sales: £10,000 – £11,000 (current average)

Rent: £30,000 per annum

Business Rates: Currently Nil
(Small Business Rate Relief-to be confirmed with the local council)

Trading Hours: 8:00 am – 10:00 pm

Alcohol License: Trading permitted from 8:00 am to 10:00 pm

Lease Term: 18 years remaining (renewable)

Next Rent Review: In 3 years

Asking Price: £130,000 (Plus stock at valuation)

Freehold Option: Available upon request

Flat option available: A two-bedroom flat located upstairs, currently occupied and not included in the lease, can be rented out separately for £700 per month.

Investment Highlights

High-performing business with strong weekly turnover

Long-term lease providing stability and peace of mind

Turnkey operation-continue trading immediately

High footfall location with excellent visibility

Potential for growth through extended product range or delivery services

Enquiries & Viewings:
If you would like to inquire or book an appointment, please contact us:
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Monthly repayment

£650 per month

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