Guide price
£90,000
Retail premises for saleStourbridge, West Midlands DY8
1 bath
Leasehold
About this property
Class E
High Street Location
Busy Parade
High Footfall
Close to Train Station
Attractive Location
Leasehold
Reason for Sale:
The vendor has relocated to London and is no longer able to manage the business in Birmingham. The shop operates primarily with staff, and due to the lack of consistent owner oversight, the opening hours are not strictly maintained. This is why the business is being sold despite its prime high street location and solid potential.
It-s important to note that the current turnover may not reflect the full potential of the business, as it has not been fully optimised under dedicated ownership. This represents an excellent opportunity for a hands-on buyer to grow sales further.
Key Features:
- Low rent: £900 pcm.
- Business rates: Nil
Please make your own further enquiry.
- Timing: The opening hours are not maintained by Staff
- Premises licence: 07:30 – 11:00 pm
- Weekly Turnover Around: £5,000 – £6,000 per week
- Lease: 13 years lease (renewable)
- Asking Price: £90,000 (Stock at Valuation)
- Next Rent Review: 2029
- Property type leasehold
Amenities:
- Pay-Point services
- National Lottery recently introduced
Potential:
- Parcel services recently started
- No newspapers currently supplied (scope to expand)
- Situated in a highly sought-after area
- Opportunities for Growth
- Extend product range
- Introduce newspapers or other local services
- Increase promotional and marketing efforts
The vendor has relocated to London and is no longer able to manage the business in Birmingham. The shop operates primarily with staff, and due to the lack of consistent owner oversight, the opening hours are not strictly maintained. This is why the business is being sold despite its prime high street location and solid potential.
It-s important to note that the current turnover may not reflect the full potential of the business, as it has not been fully optimised under dedicated ownership. This represents an excellent opportunity for a hands-on buyer to grow sales further.
Key Features:
- Low rent: £900 pcm.
- Business rates: Nil
Please make your own further enquiry.
- Timing: The opening hours are not maintained by Staff
- Premises licence: 07:30 – 11:00 pm
- Weekly Turnover Around: £5,000 – £6,000 per week
- Lease: 13 years lease (renewable)
- Asking Price: £90,000 (Stock at Valuation)
- Next Rent Review: 2029
- Property type leasehold
Amenities:
- Pay-Point services
- National Lottery recently introduced
Potential:
- Parcel services recently started
- No newspapers currently supplied (scope to expand)
- Situated in a highly sought-after area
- Opportunities for Growth
- Extend product range
- Introduce newspapers or other local services
- Increase promotional and marketing efforts
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