Featured Brokers
CONFIDENTIAL
FOR SALE
638479
FPH1029 / Rightbiz
Asking Price: £145,000 Stock at Valuation
Size: Approx. 1,500 sq ft Shop Floor⸻
Finance Available: Fast loan funding available via independent broker - credit approval typically within 7-10 days ( for UK residents with clear credit history and at least 50% of the purchase price available up front )
Business Overview
A convenience store located in a busy residential area of Birmingham, not far from the B45 postcode.
The business achieves strong weekly sales of £9,000–£9,500, even without alcohol sales, which have been excluded under the lease since its inception. This demonstrates consistent local demand and a loyal customer base.
The shop trades from a 1,500 sq ft store, focusing on grocery, confectionery, household, and everyday essentials. There remains excellent scope to increase turnover further through extended hours, delivery services, and in-store promotions.
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Financial Summary
• Weekly Turnover: £9,000 – £9,500
• Additional Income: Approx. £600/month from parcel services and lottery commissions and £800 pm rental incom.
• Electricity: £700 – £800/month
⸻
Rent & Lease Terms
The business is being sold as a going concern.
• Current Rent: £21,950 per annum ( plus VAT)
• Lease Commenced: Originally 2017 (5 years) – renewed in 2022 for a further 10 years (expiring 2032)
• Remaining Term: Approx. 7 years
• Rent Review: Every 5 years
• Renewable lease upon expiry
• Business Rates: Approx. £270 per month (potentially may be reduced for a first-time buyer, buyer can check with local authorities)
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Accommodation
Includes a two-bedroom flat with:
• Separate entrance and independent utilities
• Rental income: £800/month
• Council tax: £150/month (paid by tenant)
All utility bills for the accommodation are separate from the shop.
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Growth Potential
• Extend trading hours to capture evening trade
• Introduce delivery platforms (Uber Eats, Just Eat, Deliveroo)
• Add local marketing and stock promotions
• Expand product range within lease permissions
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Highlights
• Weekly turnover £9k–£9.5k without alcohol sales
• Alcohol sales excluded under the lease since inception
• Additional income from flat, parcels, and lottery
• Separate 2-bed accommodation with own access
• Renewable 10-year lease (7 years remaining)
• Located in a busy residential area near B45, Birmingham
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Important Notes:
• 10% Non-Refundable Deposit after offer acceptance
• Buyer and Seller to pay own legal fees
• Buyer to cover Landlord’s legal costs
• Finder’s Fee applicable upon offer acceptance
. Proof of funds may be required
Contact Bal ( Fast Property Hub) on 07399815289
Disclaimer: All figures and business details have been provided by the seller and are subject to independent verification by the buyer.
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
Get Solicitor
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