**ATTENTION: PROOF OF FUNDS REQUIRED FOR PROPERTY ADDRESS DISCLOSURE**
Mailbox Estates proudly presents an exceptional opportunity to acquire a prime-positioned Supermarket in Sutton Coldfield, Birmingham.
This establishment is ideally suited for either a seasoned multi-operator seeking to further elevate its current success or a first-time buyer eager to venture into the dynamic retail sector.
The store stands in impeccable condition, ensuring a delightful shopping experience for customers, complete with convenient Post Office services. Its offerings include a diverse range of products expected from a top-tier supermarket: fresh produce, tantalizing snacks, household essentials, tobacco, and confectionery.
Read More
The store has undergone a recent revitalization, exuding a fresh and modern ambiance.
REASON FOR SALE:
•Our client has expertly managed this enterprise since 2017 but is now offering it for sale due to other business commitments.
THE OPPORTUNITY:
•Weekly Turnover in excess of £60,000.00
•Prime Trading Position
•Incorporated Post Office
•Trading as a Leading Symbol Group
•Approx. 3,000 Sq. ft trading area
TURNOVER:
•We have been advised by our client that the counter sales on average are £60,000 per week excluding commission services.
•The post office remuneration is approximately £100,000 per annum
•Additionally, the business operates on Just Eat and Uber Eats platforms for online orders, utilizing their delivery networks.
LOCATION:
•Nestled amidst adjacent neighbourhoods just outside the high street, the property enjoys excellent bus accessibility, serving its community seamlessly. It shares the vicinity with other essential stores including a pharmacy, hairdressers, and a popular takeaway restaurant.
STAFF:
•A comprehensive staff schedule is available upon request.
RENT:
•Annual rent stands at £56,000 with a rent review every fifth year.
TENURE:
•Offered through the assignment of the existing lease with more than 10 years remaining, with renewal options available.
INTERNAL FEATURES:
•The trading area boasts dedicated chillers and freezers, strategically positioned around the shop’s perimeter. At the rear, facilities include staff toilets, a lounge area, kitchen, and stockroom. The first floor is currently used as storage for stock.
EXTERNAL FEATURES:
•Benefiting from a front customer car park and delivery access at the rear, directly connecting to the stockroom.
GROUND FLOOR SHOP PLAN:
•The ground floor encompasses an expansive retail sales area spanning an impressive 3000 sq. ft., meticulously maintained and presented.
BUSINESS RATES:
•Interested parties are advised to verify applicable rates with the relevant local authorities.
FIXTURES & FITTINGS:
•The business is fully equipped with fixtures and fittings, all of which will be included in the sale.
REGULATORY:
•Fully licensed premises, including both premises and Post Master licenses.
LEGAL COSTS:
•Each party bears responsibility for their legal costs, with shared liability for landlord’s legal fees.
TRADING INFORMATION:
•Access to trading data is available to serious buyers who have signed a Non-Disclosure Agreement and undergone a premise viewing.
VIEWING ARRANGEMENTS:
•Early viewing is strongly recommended to avoid disappointment. Discreet customer visits are welcomed, but direct contact with the vendor is strictly prohibited.
DEPOSITS:
•Successful applicants are required to submit a non-refundable deposit.
