Income-producing shop with three rental flats and established Post Office takings.
Annual business turnover £779,765
Post Office remuneration circa £18,000–£19,000 pa
Three flats return almost £25,000 pa to head tenant
Commencing rent reported £50,000 pa (leasehold)
Modern refit with chillers, walk-in chiller and wide aisles
Stock level shown at £50,000 on completion
Area very deprived and crime above average
Post Office counter not required to be retained
A rare investment opportunity: a modern, recently refitted off-licence and convenience store serving a densely populated Kidderminster district. The business reports a substantial annual turnover of £779,765 and benefits from established Post Office remuneration of circa £18,000–£19,000 per year.
The ground-floor retail space is well equipped—banks of chillers, wide aisles, a walk-in chiller, dual pay counters for Post Office, liquor, lottery and tobacco, and a staff WC. The premises include three self-contained flats producing almost £25,000 per annum to the head tenant, which materially offsets the commencing rent figure reported at £50,000 per year. The stock level is shown at £50,000.
This is a leasehold sale with commencement rent and lease length negotiable with the landlord. The Post Office counter is established but not contractually required to be retained by a new operator, allowing flexibility for different retail strategies. Fast broadband, excellent mobile signal and off-street parking support continued trade and tenant appeal.
Buyers should note the surrounding area is described as very deprived with above-average crime and a local demographic of young, hard-pressed families and challenged communities. Several nearby schools have mixed Ofsted outcomes. The property offers strong trading figures and multi-income potential but requires buyers to accept the social and operational realities of the location.
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