Grocery Store and Butcher Shop Lease for Sale with Additional Rental Income Opportunity
Undisclosed
- Status
FOR SALE
- Advert ID
658768
- Reference
PSTB66 / Rightbiz
- Call Agent:
- Leasehold: Price on Application (Stock at valuation)
- Turnover: £3,120,000 (£60,000 per week)
- Profit: Not Applicable
Key Features
- Fixtures and fittings included
- High weekly turnover potential
- Area for food preparation
- Ideal investment opportunity
Business Details
High Turnover Grocery Store with Butcher Shop lease for Sale
High-Turnover Grocery Store with Butcher Shop lease for Sale – Smethwick, B66
Galaxy Real Estate is delighted to present this well-established butcher shop and convenience store in Smethwick, B66, benefiting from impressive weekly sales and excellent growth potential.
The business currently does not sell alcohol or cigarettes, offering potential to introduce these products in the future, subject to the necessary licences and regulations.
Asking Price: POA (plus stock at valuation)
Weekly Sales: £60,000–£65,000
Annual Rent: £36,000
Business Rates & Utilities: £3,000 per month (approx.)
Lease: 7 years remaining & renewable
Trading Hours: 7:00 AM – 11:00 PM
Car Park: Up to 10 Car Parks
Accommodation: Vacant 6-bedroom flat upstairs with potential rental income of approximately £3,000 per month, subject to necessary permissions.
An excellent opportunity to acquire a high-turnover business with further growth potential and additional rental income opportunities.
Viewings are strictly by appointment through Galaxy Real Estate.
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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.
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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.
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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.
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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.'.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
