BUSINESS FOR SALE - Midland Housing LTD, are proud to present this outstanding opportunity to gain possession of a profitably running Grocery Store with a food licence in place, located on the highly populated Soho Road. The store currently has a strong and loyal customer base, due to it being in a convenient hotspot, in the centre of a very highly residential area. The competition is limited in the immediate area, and combined with the excellent reputation of the shop, this is the perfect opportunity for an investor to promote and expand. The business currently operates with monthly revenue of £20, 000 with accounts to justify. There is 710 sq ft of shop floor available. Gas and Electrics are in full operation throughout. 

 

The ground floor shop will be sold as a running, and established business for sale, and therefore will be subject to a Goodwill Premium charge, which will include the current stock. There are two flats available above the shop, which produce an income of £550 PCM each at present. There is a separate entrance for these rooms, with separate council tax charges, along with individual gas and electric meters for each flat. The lease is extendable very easily on this property, and can be arranged in advance. For a stable investment, with a good ROI (Return on Investment), this business is ideal. Call now, to arrange a viewing with a member of staff, on 0121 773 5500. 

 

Commercial Information:

• Running Grocery Store 

• Food Licence in Place

• Electric Shutters

• Security Alarm System

• Main Road Location

• Business for Sale, Including Fixtures and Stock. 

 

Key Features 

• Great Turnover

• Established Business

• Good Will Premium of £35, 000 (Negotiable)

• 13 Years Remaining on Lease

• Lease Terms are Flexible

 

Location

• Located on Popular Soho Road 

• High Street Location

• Close to M6, M5, and M42

• Very Close to Birmingham City Centre

• Transport Links are Excellent from, and to this Road. 

 

Rents & Rates 

• Building Rental is £2200 PCM ( £26, 400 Per Annum)

• Goodwill Premium is £35, 000 (Negotiable)

 

Viewings are available immediately. Please call our team on 0121 773 5500 to book a slot.