FOR SALE
02/04/24
609067
CS0239WG / Rightbiz
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 neighbourhoods 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.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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