NIsa in Birmingham with lots of parking on a busy main road with potential to increase hours & sales

CONFIDENTIAL

Nisa Birmingham West Midlands

Leasehold: Asking Price £424,950 Rent £45,000 per annum.

Weekly sales circa £24,000

Own private car park for the store

Relied upon by the local community

Higher than average profit. GP is 24%

A large one bedroom flat

Energy Rating C

A leasehold convenience store located upon a busy main road in an affluent area of Perry Bar, Birmingham. This business is fitted to the highest standards and has all the extras you would expect from a top end convenience store including newspapers, magazines, slush machine, parcel service, atm and meal deals. A rare opportunity to acquire a longstanding and established off licence and convenience store.

This site has a large space for storage in the back, along with a kitchen and a private office. The site is managed by the owner’s children and part time staff.  The children are now looking to move on and start families of their own, hence the sale of this amazing business over a decade.  This convenience store has huge potential to increase sales with onsite management and with someone that wants to put their energy into boosting the sales by introducing new ideas such as hot meals, possibly a post office and more.

The store already operates a Post Office parcel service so any additional Post Office service would increase sales.

This store runs such short hours closing at 8pm Monday to Saturday and 7pm on a Sunday when the licence is until 11pm. Increasing hours would certainly increase the weekly turnover substantially. Opening until 11pm is a must and will impact the sales figure substantially increasing the bottom line.  

This would be ideal as a family run store, or it would suit a hand’s on multi store operator.

Location This property is on a busy main road in Perry Bar Birmingham. The site benefits from being surrounded by a huge residential area and other businesses that complement each other.

Internal Details The store is equipped with all required chillers, freezers, shelving and gondolas. The business sells a full range of products as would be expected for a convenience store, including, alcohol, tobacco, confectionery, and general items of convenience. This business has PayZone and lottery.

External Details The business benefits from having a private car park for just the store itself. There is also a huge backyard area which is most useful for receiving deliveries and for waste storage (Biffa). In addition to the external car park there is an additional staff car parking area for up to 4 cars. 

Fixtures & Fittings We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.

The Opportunity

This local convenience store is relied upon by the local community. This business is fitted to an extremely high standard and is being offered on a leasehold basis.

The business and rent include a huge one-bedroom flat above the store with a separate entrance, large living room, kitchen and bathroom which could be rented out separately.  The rental is quite high as the affluent area is in high demand.

Trading Information

Trading information shows average weekly sale of circa £24,000 per week.

Trading Hours

Mon-Fri 7am-8pm

Sat 8am-8pm

Sunday 8am-7pm

Regulatory

Premises Licensed

Business Rates

The current owner has advised that the store benefits from some relief from small business rates. Purchasers however should make their own enquiries with the relevant local authority.

Viewing

No direct approach may be made to the property. For an appointment to view please contact the agent.

Commercial & Business Sales

Tel: 07935966270

Email: [email protected]