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Mainstay Highly Popular Newsagents In Birmingham For Sale

Birmingham, West Midlands, UK
Asking Price:
£60,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

Summary:

- Rental Property
- Huge Potential
- Prime Location
- Heavy Footfall Area
- Unique Opportunity
- Residential Area
- All Fixtures and Fittings Included
- Excellent Client Base
- Proof of Funds Required

Business Description:

Silk Letting is proud to present to the market a highly rated newsagents with an excellent client base and includes a 2 bedroom flat.

This well-established business is situated on a busy high street in Birmingham and is ideally located close to a residential area benefitting from an excellent client base of returning regular customers as well as walk-ins and passing trade.

This family-run business has been heavily relied upon amongst the local community since 1998 selling a variety of products including:

Newspapers
Magazines
Confectionery
Convenience Food
Snacks and Drinks
DIY Home Products

This is a rare opportunity to acquire a first-class business that occupies such an enviable trading position within the community..

Location and Amenities:

Located on a busy main road and surrounded by local amenities with good transport links, making the business easily accessible for the owner and customers..

The business is close to a residential area creating a high footfall of passing trade. Parking is available outside the premises for both staff and customers.

Growth Potential:

This is a perfect opportunity for any buyer looking for a well-established business with the potential for further growth.

The business doesn’t currently have a website, any new owner could create a website that allows customers to order and pay online and offers a click and collect service. Any new owner could promote social media pages like Instagram and Facebook.

A delivery service to the local residents could also be introduced. There is also the potential to obtain a license to sell alcohol and expand the stock variety to bring in new customers and increase revenue.

Financial Profile:

Tenure: Lease – Rents property only. The lease is ongoing and includes a 2 bedroom flat.

The business benefits from a small business rates relief and is exempt from paying any business rates.

Turnover is available upon request.

Property:

The business occupies a substantial ground floor premises, consisting of a serving area, a stockroom and a garage to the rear of the property.

A 2 bedroom flat is also included that doesn’t currently have a tenant, the current owner uses it sometimes but there is potential to let the flat.

Security Features:

The front of the property is fitted with a roller shutter door.

Fixtures and Fittings:

The business is fully equipped with all the facilities needed to run the business to its full potential and includes all fixtures and fittings making it ready for any new owner to take over.

A full list of assets is available upon request.

Staff Members:

The business currently operates with 1 full-time staff member who won’t be staying once the business is sold, creating the perfect opportunity for any new owner looking to run a well-established business themselves and to build their own team.

This is a turn the key opportunity for any new owner looking to purchase an already existing business with the potential for further growth. The business is currently open:

Monday – Sunday – 9 am – 5 pm

Reason for sale:

The owner is selling the business due to other business commitments creating a fantastic opportunity for any new owner to build on an already established business with a fantastic reputation.

Would you love to be running an already successful business and call it your own?

This is a business to get excited about and it is a rare opportunity in the market. We anticipate great interest in this amazing listing, and we don’t anticipate it to be on the market for long.

This is a huge and unique business opportunity to become your own boss and carry out your passion daily.

A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner..


Viewing strictly by appointment!!


If you are interested, please contact us to discuss any sale enquiries or arrange a viewing.

Property Information

Property:

Leasehold

Contact Silk Letting

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