Shop

The store is in excellent condition and offers the customer a good experience with well laid out shelving and a freestanding sales counter with two points of sale.

An excellent opportunity to acquire a well sized site with great development potential and a strong retail business, with scope to increase trade.

Reason for sale
* Our client has run the store since 2019 and are now offering for sale due to family commitments.

The opportunity
* Trading under a symbol group - free of tie
* Ideal owner managed or family business
* Ideal trading position
* Recently refurbished store with over £100,000 invested

Turnover
* We have been advised by our client that the counter sales on average are £13,000 per week with huge scope to increase by increasing product range or trading hours.

Greeting card sales of £350 Per week with a 70% - 100% margin.

* News Bill of £4,000 per week with a 30% margin.

Paperounds to 350 houses with a delivery charge per house.

Location
The property is strategically positioned in an affluent area of Sutton Coldfield.
The property is a short walk from a host of other complimentary businesses including a Pub, Travelodge, with significant footfall for the business.

Trading Hours
* Monday - Sunday 6:30am - 6:00pm
* The store operates on very convenient trading hours and is licenced to close til late. (11:00pm)

Staff:
* The business is owner run so there are no staff no transfer.

Tenure:
* The site is offered by way of assignment of the existing lease of 15 years with 11 years remaining.

Rent:
The rent per annum is £13,000.

External:
* On street customer parking to the front.

Accommodation
*There is no accommodation included.

Ground floor shop plan
* The ground floor of the premises boasts a large retail sales area with an impressive 211 sq. metres. (2271 Sq. ft.). and is offered in good condition.

Business Rates:
* £0 council tax per year. ( small business rates relief )
* Purchasers should enquire with relevant local authorities to confirm the rates payable.

Legal costs
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlords legal fees are to be shared equally with the purchaser and vendor.

Fixtures and Fittings
The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price such as:
* 16 CCTV Channel
* Epos Till x 2
* 7.5 Meter Open chiller x 2
* 3 Door Stand up Freezer
* Shelving
* Ice cream freezer

Regulatory
* Premises licence

Trading Information
* Trading information will be made available to genuinely interested parties who have signed a Non Disclosure Agreement and viewed the premises.

Viewing arrangements
* Mailbox Estates highly advise early viewing to avoid disappointment.
* Discreet customer visits are encouraged but ON NO ACCOUNT SHOULD ANY DIRECT APPROACH BE MADE TO THE VENDOR.

Deposits:
* Successful applicants will be required to pay a non-refundable deposit.

Mailbox Estates highly advise early viewing to avoid disappointment.