Freehold Victorian shop with established turnover and clear redevelopment potential.
Long-established family business over 100 years
Prime city-centre location near new leisure/cinema development
Weekly turnover circa £9,000; stock £1,500–£2,000
Multiple income streams: retail, wholesale, deliveries, online
Large upper floors; potential to create separate access (consents needed)
EPC Band F — energy improvements likely required
Located in very deprived area with very high crime levels
Small plot and described as having expensive council tax
This freehold Victorian retail premises has been family-run for over a century and sits in a prominent city-centre trading position steps from the new Animate cinema and leisure development. The ground-floor shop is fitted with refrigerated displays, a walk-in cold room and a three-position till, supporting multiple income streams: retail sales, wholesale to local businesses and schools, home deliveries and online hamper sales. Weekly turnover is approximately £9,000, with stock typically £1,500–£2,000.
The property offers clear upside for an energetic new owner. The online business is currently underutilised and the large upper floors — used for preparation, storage and an office — could be partitioned to create separate accommodation or rental space (subject to consent). High ceilings and Victorian character give scope for sympathetic refurbishment while retaining retail use at ground level.
Buyers should note material drawbacks truthfully: the EPC is Band F and the area scores as very deprived with very high crime levels, which may affect staffing, insurance and evening trade. The plot is small and council tax is described as expensive. Some refurbishment and energy-efficiency improvements will be required to modernise the building and reduce running costs.
This sale is a retirement disposal and an internal inspection is recommended to assess the building, plant and trading fit-out. For investors or operators seeking a city-centre freehold with established turnover, visible frontage and clear development potential, this presents a practical, hands-on opportunity with tangible growth routes.