Grocery store and off-licence with six flats above in Lozells West Midlands for sale
Lozells, West MidlandsEst. 10 years
- Status
FOR SALE
- Advert ID
644667
- Leasehold: £90,000 (Stock at valuation)
- Rent: £6,750 (£563 per month)
- Turnover: £364,000 (£7,000 per week)
- Profit: On request
Key Features
- Genuine reason for sale
- Genuine retirement sale
- Geographic market expansion potential
- Ground floor accessibility
Business Details
Grocery store & Off licence for sale and 6 bed flats above
Grocery store and off-licence and 6 bed flats above for sale all at 90k
In lozells, Birmingham 07920599146
Leasehold Property (Council)
Tenure: Leasehold (to be confirmed with council depending on your track record)
Property Description:
A double-fronted commercial shop with spacious 6- bedroom flats above.
Near City Centre Birmingham opposite school.
Financial Details:
Option 1:-
• Total Rent: Only £562 per month (for the entire property)
• Flats Income: Generating £2,500 per calendar month (PCM)
• Shop Turnover: Weekly sales between £7,000– £8,000
Key Highlights:
• Secure long lease directly from the Council
• Excellent income potential
• Rare opportunity: residential and commercial combined
Business rates:- 0 at the moment
Premium:- 90000 Stock at Valuation
Serious buyers only
Just dm to arrange viewing, Thank you.
Option 2:-
Shop & 6-Bedroom Flat Above – Available to Sublease
A fantastic opportunity to sublease a commercial shop with a spacious 6-bedroom flat located directly above.
Option 1:
Shop 6-bedroom flat: £2,500 per month
Option 2:
Shop only: £1,500 per month
This property is ideal for business owners looking to combine workspace with residential accommodation, or for those seeking a well-located retail unit.
Key Features:
Prominent shopfront suitable for a variety of businesses
Large 6-bedroom flat above the premises
Flexible leasing options to suit your needs
Additional Information:
Bills to be discussed and agreed upon during viewing
Viewings are highly recommended to fully appreciate the space and potential this property offers.
For more information or to arrange a viewing, please get in touch. 07920599146
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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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