Shop

Mailbox Estates presents an opportunity to purchase a high turnover Off Licence in the beautiful town of Stourbridge.

The Store has been owned by husband and wife since 1998, but unfortunately its time for retirement, giving a new entrepreneur the most amazing opportunity to continue their growing success

With the very well known and popular business turning over a massive £20,000 on average per week what's not to like! The store is well presented to a high standard, with a wide selection of wines, beers, spirits as well as soft drinks, fizzy drinks, tobacco and lottery.

The Opportunity:

* Weekly turnover of £20,000
* Zero business rates
* 15 year NEW lease available!
* Large amount of footfall
* Many of services still to add to increase weekly turnover!
* Established since 1998
* Genuine retirement sale

Weekly Turnover
* The business generates an average of £20,000 to £21,000 per week with its limitless opportunities to further increase sales due too its size, why not add delivery, post office or even parcels and offer everything under one roof.
*Tobacco sales average around £1,000 per week.
*The lottery sales average around £500 per week. (Lottery takings are not included in the counter sales.)

Price
* £220,000 OIRO SAV

Tenure
*The business is offered for sale on a new 15-year renewable lease with a rent review every fifth anniversary.

Rent:
*The rent per year is £25,000.

Rates
* We have been advised that there are no business rates payable.

Staff
*The store is run under full management of two full time and two part time staff members

Trading Hours:
* Monday to Saturday 10:00am - 10:00pm
* Sunday 11:00am - 9:00pm

Location:
* The store sits alongside other complimentary retail businesses in which creates a large amount of footfall.
* Bold signage is displayed above the width of the shop with an entrance door and large glass window that floods the store with natural light.

Internal:
* Ground floor - area of approximately 240 m2
* Internally the shop has a generous size storage room.
* Staff WC to the rear.

Fixtures and Fittings
* The business is well-fitted throughout and a valuable inventory of equipment is included in the sale price along with a ATM.
* The business also benefits from a full modern CCTV, Alarm System and Shutters.

External:
* Highly visible Signage on a prominent main road location.
* Park to the front with over 50 spaces.

Regulatory
* Premises License
* Legal costs
* Each party to be responsible for their own legal costs in connection with the sale.
* Landlord's legal fees are the buyers and sellers responsibility and are to be shared equally.

Trading Information
* Full accounts and trading history will be made available to seriously interested parties after they have viewed the business.

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 OR ANY OF IT'S STAFF.

DEPOSIT
* Once an Offer has been accepted the successful buyer/s are required to pay a deposit to secure the sale, and is held in protected client account.

Tenure: Leasehold (20 years)