Retail premises for sale in Long Lane, Halesowen B62

Fixed price £30,000 (£30,000/sq. ft)
Retail premises for sale 1 sq. ft*
Interested in this property? Call +44 1204 911870 * or Request Details

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Property description

2421

Excellent leasehold off licence and newsagents - west midlands


Very well presented shop with quality fixtures throughout
High footfall & passing trade location in Halesowen
Advised turnover £3,000 pw with good gp returns
Early interest and viewing is highly advised
Sale price includes all fixtures and fittings
Genuine poor health reason for sale
Ideal lifestyle change opportunity
Huge scope for future growth

Leasehold


Freehold option available at £270,000

Business History
We are delighted to offer for sale this leasehold off licence and newsagents which has a proud history dating back to the early 1960s. The business has been owned and run by our clients since 2003 and they are only now placing it onto the market due to unfortunate poor health and the need for a more relaxed pace of life. The business achieves a very respectable advised weekly turnover of £3,000 which is derived from selling a large variety of convenience style goods coupled with alcohol and newspapers. The property also has first floor living accommodation which is currently let at an advised rate of £450 per month which is included in the sale price and would assist with the monthly rent. Our clients have worked exceptionally hard on the businesses presentation and are including all fixtures and fittings into the sale price which is a huge plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is an ideal first business opportunity for an individual or couple who is looking for a long standing trading opportunity situated in a high traffic area. We feel that this opportunity offers an excellent base to build upon and we urge very early interest and viewing.
Trading Hours:
Monday: 6:00am - 9:30pm
Tuesday: 6:00am - 9:30pm
Wednesday: 6:00am - 9:30pm
Thursday: 6:00am - 9:30pm
Friday: 6:00am - 10:30pm
Saturday: 6:30am - 10:30pm
Sunday: 7:00am - 9:30pm

Accommodation Details:
Well presented retail shop offering roadside parking, ramp and step access, glass fronted with roller shutter security, open plan retail space with 3 display islands and wall fixed shelving, serving / payment counter with additional displays, freezers, fridges, storage spaces, first floor 2 bedroom flat with living room, bathroom and fitted kitchen, rear parking for 1 vehicle. Ground Floor Large highly visible front advertising with security front shutters, ramp and step access and secure front entrance leading to open plan display area with front fitted payment / serving counter with displays, interchangeable shelving and product racking displays, several free standing displays, 2 x chest freezers, 3 x double sided display islands. 4 chillers, private storage area and rear counter area with additional storage space. First Floor Self contained flat (currently let) comprising of: 2 x bedrooms (1 single, 1 double), living room, bathroom with toilet, bath and wash basin plus kitchen fitted with worktops, wash basin, cupboards and drawers. External Roadside parking and private car parking space.

Location Details:
This superb leasehold newsagents and off licence is located in Halesowen which is in the West Midlands. The business is situated on a very busy through road which links Halesowen to Blackheath and Quinton. There is a mass of passing motorists and public transport users who use the through way on a daily basis giving the business very high levels of passing trade. The local area has a large amount of residential homes which supplies the shop with a consistent local trade throughout the year. Halesowen is a very popular business and residential area which has seen significant growth and development over the past few years. The area benefits from having very easy access to a wide variety of neighbouring areas including Birmingham city centre which is only a short drive away and has excellent public transport links. Halesowen also benefits from being situated close to the M5 motorway which makes visiting and commuting very easy.

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Meridian Business Sales Ltd, BL1 on +44 1204 911870 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Meridian Business Sales Ltd, and do not constitute property particulars. Please contact Meridian Business Sales Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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