Flat for sale in Birmingham B17, 3 Bedroom

Reference - 46961

Description
This is a great opportunity to acquire an independent local convenience store which occupies a trading position in the much sought-after area of Moor Pool, Birmingham.

The area is very popular with many of the residents working in or around the Queen Elizabeth Hospital a short distance away, as well as commuters into the city centre.

Having successfully operated within the area for many years, the business has formed strong links with the community and the business boasts an extensive and loyal customer base.

The store operates from a small parade of shops with easy access and ample on road parking it makes visits to the business very easy.

This store retails an extensive range of stock lines including confectionery, newspaper and magazine titles, dairy products, frozen foods, convenience foods, tobacco, traditional beers, wines and spirits.

This would ideally suit an ambitious and focused hands on husband and wife team/family unit who can build on the solid foundations enjoying the lifestyle and financial rewards a business of this stature generates quite literally on a daily basis.

To fully appreciate this excellent business opportunity, a viewing is highly recommended to avoid disappointment.

Sales
Currently shop sales average £4,000 approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday – Friday 7:00 – 19:00
Saturday 7:30 – 19:00
Sunday 7:30 – 13:00

Staff
The business is managed by the owners with part time members of staff.

Building External
The highly visible and imposing shop premises occupies versatile and deceptively spacious ground floor business accommodation.

To the first floor is a self-contained three bedroom flat which is available separately, if required.

Building Internal
The sales area is light and airy creating a welcoming environment. The business is fitted to a good standard with a comprehensive range of fixtures and fitments.

To the rear of the property there is an office and kitchen space, storage and access to the basement for storage, w/c and rear access if required.

Residential Accommodation
The first-floor private accommodation comprises of two double and a single bedroom, lounge, bathroom and W/C.

On the ground floor there is kitchen.

Tenure
We are advised that the property is held on a 10 year lease which commenced in 2011. The annual rent is £5,000 exclusive for the shop and an additional £8,000pa for the S/C flat (correct as advised on 12/02/19). Rent reviews are at 5 yearly intervals.

The vendors have been in communication with the landlords who have advised verbally that they are prepared to grant a new lease to approved candidates. Other terms to be negotiated.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
To fully appreciate this superb business opportunity, a viewing is highly recommended to avoid disappointment.