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Off-licence for sale opposite Walsall Manor Hospital in Walsall West Midlands

Walsall, West MidlandsEst. 5 years
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Off-Licence Opposite HospitalOff-Licence Opposite HospitalOff-Licence Opposite HospitalOff-Licence Opposite HospitalOff-Licence Opposite HospitalOff-Licence Opposite HospitalOff-Licence Opposite HospitalOff-Licence Opposite HospitalOff-Licence Opposite Hospital
  • Status

    FOR SALE

  • Advert ID

    652080

  • Leasehold: £50,000 (Stock at valuation)
  • Rent: £12,000 (£1,000 per month)
  • Turnover: £144,000 (£2,769 per week)
  • Profit: On request

Key Features

  • Prime location leasehold premises
  • Access to storage and staff facilities
  • Alcohol sales licence included
  • Available for lease

Business Details

Off Licence Opposite Hospital

We are excited to present a newly refurbished off-licence for sale, strategically located opposite Walsall Manor Hospital on a bustling main road. This fully equipped shop has recently opened and comes with all brand new fixtures and fittings, positioning it perfectly to take advantage of the high footfall from hospital staff and visitors. With parking available for approximately 200 vehicles just across the road, accessibility is excellent, ensuring a steady stream of potential customers.

This spacious double-storey unit offers a generous retail area, allowing for a diverse product range. The business is currently licensed to sell alcohol and has the necessary National Lottery license, adding further appeal to its offerings. The immediate opening of this shop presents a unique trading opportunity for those looking to enter the market or expand their current operations.

Key Features

Among its impressive features, the off-licence boasts:

  • Extensive double-storey space, newly refurbished throughout
  • All fixtures and fittings included in the sale
  • Alcohol and National Lottery licenses approved
  • High visibility location with strong customer footfall from the hospital
  • Opportunity for immediate trading

Growth Potential

There are significant growth opportunities for the new owner, including the potential to install Evri services, which have not yet been implemented. Furthermore, the business could expand its product and service offerings, making it an ideal investment for an owner-operator or family-run business. The upstairs area could potentially be converted into two or three flats, subject to planning permission, providing further opportunity to enhance profitability.

The shop itself benefits from convenient storage options and a secondary space at the back, which includes separate shutter access. The lease can be negotiated, currently offering a 10-year rolling term, with a competitive rent of only £1,000 per calendar month and £0 business rates, ensuring low overheads.

Additional Information

After operating for just five months, the business has already started to show an increase in turnover, rising monthly. The current owners are offering full training and a comprehensive handover, making this an attractive proposition for prospective buyers. Located at the heart of Walsall, this off-licence enjoys a strategic position close to vital amenities, including the main entrance of the hospital, bus stops, and ample parking for customers.

The asking price for this prime location is £60,000, plus stock. Don’t miss the chance to acquire a well-positioned retail outlet with immense potential for growth in a thriving area.

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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.

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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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