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Off Licence for Sale in Birmingham B11 with Vacant 3-Bed Flat Above

Birmingham, West Midlands

CONFIDENTIAL

  • Leasehold: £50,000 (Stock at valuation)
  • Rent: £19,200 (£1,600 per month)
  • Turnover: £338,000 (£6,500 per week)
  • Profit: On request

Key Features

  • Includes stock for operations
  • Inclusive of all fixtures
  • Independent business model
  • Leasehold price specified

Business Details

Off Licence For Sale In Birmingham B11 With Vacant 3 Bed Flat – £7,000 Weekly Sales

An attractive opportunity to acquire an established off licence/convenience store in B11, Birmingham, benefiting from a vacant 3-bedroom flat above the shop.

The business is currently achieving approximately £7,000 per week in sales while operating from 10:00 AM until 11:00 PM, leaving further scope for growth through longer opening hours, increased stock levels and stronger day-to-day management.

A neighbouring shop operates 24/7; however, we are advised that it does not currently hold an alcohol licence. We are also advised that both premises have the same landlord and that the landlord is not permitting the neighbouring premises to operate with an alcohol licence, giving this business an important point of differentiation locally.

Key Business Details

  • Location: B11, Birmingham
  • Business Type: Off Licence / Convenience Store
  • Current Weekly Sales: Approximately £7,000
  • Accommodation: Vacant 3-bedroom flat upstairs
  • Asking Price: £50,000 Stock
  • Rent: £19,200 per annum
  • Business Rates: £0 currently – new owner should confirm liability and eligibility directly with the local council
  • Current Opening Hours: 10:00 AM – 11:00 PM
  • Broker/Agency Commission: Payable separately – POA

3-Bedroom Flat

A major benefit of this opportunity is the vacant 3-bedroom flat situated above the shop.

Depending on the terms of the lease and any necessary permissions, the accommodation could potentially be used by the incoming owner, staff or for other suitable purposes.

Growth Potential

The business is currently trading at approximately £7,000 per week, but there is scope to improve turnover through more active management.

Potential improvements include:

  • Opening earlier and extending the current trading hours
  • Increasing overall stock levels
  • Adding more convenience and grocery lines
  • Improving stock availability and merchandising
  • More hands-on owner-management
  • Maximising the benefit of the existing alcohol licence
  • Developing the range around local customer demand

The combination of an established shop, vacant 3-bedroom accommodation, relatively accessible asking price and further growth potential makes this an attractive opportunity for an owner-operator, couple or experienced retailer.

Asking Price: £50,000 Stock

Further information and viewings are available to serious prospective buyers.

For more information or to arrange a viewing, WhatsApp 07577 323795.

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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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