WELL-ESTABLISHED HIGH TURNOVER FRANCHISE COVIENIENCE/OFF LICENSE RETAIL SHOP WITH UPPERS BIRMINGHAM| REFERENCE (#CS0802)
A rare opportunity to acquire a long-established and well-performing franchise retail shop in Birmingham, occupying a prime trading position within a busy and well-established local community.
The shop benefits from strong local footfall, excellent visibility, a loyal customer base and dedicated customer parking with approximately 15-20 spaces, providing convenient access for shoppers.
The surrounding area comprises established residential neighbourhoods, schools and commercial amenities, ensuring a consistent flow of customers throughout the week. Strong public transport links further enhance accessibility.
With an established turnover, limited nearby competition and two residential flats above the shop, this represents an excellent opportunity for an experienced operator or investor seeking a secure and profitable retail business with additional income potential.
Reason to sale: Long distance commute, currently runed by staff only.
OVERVIEW
The business occupies a spacious retail premises with two self-contained flats above providing both substantial trading space and additional accommodation.
The shop is fully equipped and ready for continued operation, with considerable scope for a new owner to further develop the business and increase profitability.
Key Features
* Long-established franchise retail business * Strong turnover of approximately £32,000 per week (average) excluding services * Prime Birmingham trading location * Strong local customer base and regular footfall * Approximately 15-20 dedicated customer parking spaces * Limited nearby competition * Spacious retail premises * Two residential flats above * Fully equipped and ready for immediate operation * Significant scope for further growth
TURNOVER: Approx £32,000 per week, excluding services
The business has an established trading history and benefits from a strong and loyal local customer base.
ACCOMMODATION
The property includes two flats above the shop 1 × Two-bedroom flat 1 × One-bedroom flat
Both flats are currently occupied by staff.
RENT: £30,000 per annum for the shop and both flats.
BUSINESS RATES: Approximately £14,000 per annum
POTENTIAL
There is excellent scope for a new owner to further enhance the profitability and turnover of the business.
The two flats are currently occupied by staff but could potentially generate approximately £1,500 per month in rental income if let separately, subject to the relevant permissions, tenancy requirements and landlord consent.
Further opportunities include:
* Extending trading hours * Introducing additional product lines * Expanding in-store services * Introducing an in-house delivery service * Increasing local delivery and online sales * Developing new revenue streams * Maximising the rental potential of the flats
With limited nearby competition, strong existing turnover and an established customer base, the business offers significant potential for further growth under new ownership.
There may be potential to extend the current trading hours, subject to lease terms and any required permissions.
TENURE: Leasehold:
The shop is held on a private lease with approximately 15 years remaining, with renewal potential subject to the terms of the lease and landlord agreement.
GODDWILL PRICE: £550,000 + SAV includes all the fixtures and fittings.
SKYLINE COMMERCIAL PROPERTIES TO BE RETAINED AT 2%
This is an excellent opportunity to acquire a well-established franchise retail business in Birmingham with substantial existing turnover, excellent trading fundamentals, dedicated customer parking and the added benefit of two residential flats above the shop
The combination of an established business, strong location, limited competition and additional accommodation income provides a secure platform with considerable potential for future growth.
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