The business has been established by our client since 1990 who has worked tirelessly to transform the business into what it is today, with turnover increasing weekly (currently £2400 average per week).
Rent £20000 pa and £5133 rates. The principal business activities lie in the serving of everyday International Food commodities, bread, confectionery, meat and cheeses and a whole lot more.
The business currently opens seven days a week, with a constant flow of customers from the local area as well as distance. The business benefits from ample local parking within the town.
Over the past few years our client has successfully transformed the fortunes of this sustainable business. Scope for further improvement could include introducing sales of other product lines, along with greater social media awareness/e commerce.
The business reluctantly comes to the market due to our client’s wish to retire and would suit an owner/manager to realise greater profits/wage.
Location Description: The Store is located in a very popular and fashionable area of Moseley amongst complimentary businesses within a small parade of shops, all nestled within the Town Centre.
Premises Details: The business proudly sits on a central position within a parade of complimentary shops. The open plan retail area of the store is covered by means of tiled flooring, shelving is abundant to the perimeter walls, the retail area houses all the necessary fixtures and fitting to run the business, including a complete list of equipment which will be presented on viewing the premises. The retail area is extremely well presented, allowing customers easy access to the amply stocked shelves. The retail area is extremely well lit with an array of fluorescent lights allowing a bright and welcoming atmosphere. To the rear of the ground floor lies the store room along with kitchenette and a w.c. The business is run by the owner and his wife.
The rent also covers the cost of the living accommodation above on 2 levels comprising 3 Large Bedrooms, Kitchen, Lounge and Bathroom and separate toilet.
Trading Hours: The business currently observes the following opening hours: Monday to Sunday 9am to 7pm.
Lease Terms: We are advised the business is Leasehold with 8 years remaining. A new lease is available if required.
Shop fixtures, fittings and furniture, are included in the sale. Stock is extra (£15000).
Financials (Accounts) will be discussed at an appropriate meeting.
Reason for sale is Semi-Retirement and family commitments.
This is an excellent opportunity for a new owner to take this already thriving and popular business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.
A full profile is available once a confidentiality & non-disclosure agreement has been signed. All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
- Close to Local Amenities
- Town Centre location
- Retirement Sale
- With Accommodation
- Established Business
- Fully Fitted
- Unique Business
- Attractive Business
- Prime Location