Retail premises for sale in Old Lode Lane, Solihull B92

Leasehold Off-Licence Located In Solihull
Accommodation Above
Ref 2742

Location
This established Off-Licence is located in the affluent town of Solihull. Situated within a prominent and highly visible trading position on Old Lode Lane in Elmdon. It's part of a busy parade of shops which offers a range of other independent retailers to include a fish & chip shop, Indian restaurant (unlicensed), Chinese & Thai restaurant, cafe, hairdressers, children's nursery & tool hire shop, plus others too. All of which bring decent levels of footfall to the area. The parade benefits from ample, free parking for customers and the surrounding area is densely populated with residential properties, with a school across the road, Elmdon park nearby & the jlr plant in the vicinity too. The location provides easy access to Solihull town centre, Birmingham city centre, Birmingham airport, the nec including the Genting Arena, and all major motor way networks.

Leasehold Asking Price: £44,950 plus sav (£10,000)

Business Description
Veritas Business sales are delighted to offer for sale this respected Off-Licence which is located in Solihull. The business has been established for nearly 50 years and has been in the careful hands of the current owners for the past 15 years. They are now offering the business for sale due to a change in circumstances.
Since ownership my clients has continually invested in new equipment along with fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not needed to be spent for a considerable length of time. Liquor Cellar is owner operated by a husband and wife team and comes with no staffing liabilities. They have an average weekly turnover of circa £4,000 and retail wines, beers, spirits, soft drinks, crisps, snacks, confectionery, tobacco products and ice cream. Other services offered include the National Lottery plus scratch cards, PayPoint services with an Amazon Hub Counter parcel service and an Inpost parcel box facilities to the frontage.
We strongly believe that there is much further potential to increase trade should you wish to by extending the current trading times. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with plenty of passing trade. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is highly recommended.

Opening Hours
Monday - Thursday - 1:00pm - 9:15pm
Friday & Saturday - 12:00pm - 9:30pm
Sunday - 12:00pm - 8:00pm

Leasehold
New lease available
Rent: £10,000 - £11,000 pa
Rates: Zero

Ground Floor
Retail comprising: Sales counter with an epos system, small upright drinks fridge (Coca-Cola), tall upright drinks fridge (Coca-Cola), double door drinks chiller, upright drinks fridge, 5 door remote beer fridge, ice cream freezer, Double door wine chiller, sales & display shelves, central display, slush machine (gbg) and tobacco cabinet. Storeroom with rear exit door. Storeroom with storage cupboard and fridge/freezer (Beko). Utility room with rear exit door.
Storeroom with storage cupboard and fridge/freezer (Beko).
Utility room with rear exit door.
The property benefits from front electric roller shutters to the frontage, CCTV (4 internal, 1 external rear camera system), UPVC double glazing and gas fired central heating to the first floor.

First floor
Bathroom with bath, W/C, wash basin and combination boiler (Vaillant).
Kitchen with dining area.
Double bedroom.
Double bedroom.
Landing.

External
Rear yard with parking for (4). Long brick built garage with space for (2) cars for easy storage. Brick built W/C. Brick built coal shed store. Designated rear parking for (1).