Electrical Repairs Business In Handsworth Birmingham For Sale

Business description

We are pleased to offer for sale this popular electrical repairs business, which was established by our clients in 1981 and which is only now being placed on the market due to their wish to retire. Speedy Electrical Services operates 6 days a week and is run at a pace to suit our client, generating a turnover in the region of £16,300 per annum with a gross profit of 90%, derived from the repair of audio visual equipment, aerial and satellite installations and house rewiring. Turnover could easily be increased by expanding into PC and laptop repairs, video games and mobile phone sales and repairs. A new owner could embark on a modest marketing campaign to promote the business further. The premises benefit from 3 x double bedroom owners' accommodation and we are advised that planning permission is in place to build above the lounge at the rear, 2 x further bedrooms and a bathroom. The business occupies a monopoly trading position with no similar concerns in the area. We feel this represents an ideal opportunity to acquire a well-established electrical repairs business with immense scope for further growth. Early viewing is highly recommended.

Property information

Property:

Freehold

Location:

Speedy Electrical Services occupies double fronted premises situated on a busy main road, the A41, leading into Birmingham. The business is located in the Handsworth area, surrounded by a wealth of complementary shops and business. There is a bus stop close by and the railway station is within easy walking distance. Handsworth is a thriving residential and shopping area, which lies approximately 2 miles from Birmingham city centre. The area is easily accessible being just 3 miles from junction 6 of the M6 motorway and 2 miles from junction 1 of the M5.

Premises details:

Double fronted mid parade premises, situated on a busy main road leading into the city centre. Briefly comprising:

Ground Floor
• Main sales and display area fitted to suit trade with non-slip flooring, diffused lighting, full-width counter with glass display areas, shelving and racking to perimeter walls
• Area to rear with work benches, desk and shelving
• Large lounge with central heating and double glazing
• Kitchen with a range of fitted wall and base units, tiled floor and gas oven, door to side walkway and car port

First Floor
• 3 x large double bedrooms
• Bathroom with Spa bath, WC wash basin and shower cubicle

Second Floor
• Loft conversion with skylight and exposed beams, potential for single bedroom

External
• Yard to side with car port

Other information

Trading hours:

Mon - Sat: 8.30am - 6.00pm
Sun: Closed