Established Leasehold Off-Licence Located In Solihull
Potential To Become A Convenience Store
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: £34,950 plus SAV

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 17 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 annual turnover of £130,000 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. There is plenty of space to easily extend the retail floor space further.
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: £10,400 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).

Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

No longer on the market

Retail property (high street)

Features and description

About this agent

See more properties like this