Well Established Newsagents in Birmingham

  • Proof of Funds required
  • Huge potential
  • Well established business
  • Prime Location
  • Fixtures and fittings included
  • Unique opportunity
  • Heavy footfall area

Description

Business Description:

 

Silk Letting is delighted to welcome to the market a well-established newsagent in Birmingham.

 

Situated close to a residential area this highly rated business benefits from an excellent client base of returning regular customers as well as walk-ins and passing trade. Selling newspapers, magazines, confectionery, convenience food, snacks and drinks and DIY home products

 

 

Premises, Fixtures and Fittings:

 

The business is based over one floor and offers any new owner all the facilities needed to run the business to its full potential and includes all fixtures and fittings making it fully equipped and ready for any new owner to take over.

The business includes a 2-bedroom flat that the current owner uses. It could be used by a new owner to live in or rented out.

A full list of assets is available upon request.

 

 

Location:

 

Located on a main road and surrounded by local amenities with good transport links, making the premises easily accessible for the owner and customers.

 

The business is close to a residential area creating a high footfall of the business to benefit from. Parking is available outside the premises for both staff and customers.

 

 

Staff Members:

 

The business currently employs 1 full-time staff member.

 

 

Tenure and Financial Profile:

 

This property is Leasehold. The lease is ongoing.

 

 

Business Rates:

 

The business benefits from a small business rates relief and is exempt from paying any business rates.

 

 

Security:

 

The property is fitted with a shutter at the front of the store.

 

 

Reason for sale: 

 

The owner is selling the business due to other business commitments creating a fantastic opportunity for any new owner to build on an already established business with a fantastic reputation.

 

 

Growth Potential:

 

This is a perfect opportunity for any new owner looking for a well-established business with the potential for further growth.

 

The business doesn’t currently have a website, any new owner could create a website that allows customers to order and pay online and offer a click and collect service. Any new owner could promote social media pages like Instagram and Facebook.

 

A delivery service to the local residents could also be introduced. There is also the potential to obtain a license to sell alcohol and the products that are sold could be expanded.

 

A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.

 

 

VIEWING STRICTLY BY APPOINTMENT!

 

 

If you are interested, please contact us to discuss any sale enquiries or arrange a viewing on 03333 350218.

 

Gallery

Contact Us

VIEWING STRICTLY BY APPOINTMENT!

0333 335 0218

admin@silkletting.co.uk

Finance options available

Speak with us about our flexible financing options

0333 335 0218

info@silkletting.co.uk

Contact us for more details, or book a viewing

Once an enquiry has been submitted you will receive a call from our team within 3 business hours.