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Thriving Supermarket and Post Office Combo in Prime Sutton Coldfield Location for Sale

Sutton Coldfield, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    02/04/24

  • Advert ID

    609067

  • Reference

    CS0239WG / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £1,250,000
  • Turnover: £2,860,000 (£55,000 Per week)
  • Net Profit: Not Applicable

Key Features

  • Town Centre location
  • Accounts Available
  • Large Business for Sale
  • Attractive Business
  • High Turnover
  • Central Position in Affluent Village
  • Established Business
  • With Car Park
  • Fully Fitted
  • Prime Location
  • Close to Local Amenities

Business Details

£55,000 Weekly Sales Supermarket With Post Office

Experience the unparalleled success of a unique Supermarket, boasting a remarkable weekly turnover of £55,000 plus a Post Office income in the region of £100,000

**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 opportunity:
* 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 and 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 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 a 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 advise early viewing to avoid disappointment.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

Stay Safe

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.

Stay Safe

Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert '£55,000 Weekly Sales Supermarket With Post Office - CS0239WG / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.