LEASEHOLD ASKING PRICE : £ 199,950 Rent £ 28,800 per annum for shop and nice 1bedroom apartment above.
AT A GLANCE
Weekly sales circa £ 13,000 plus excl. services
FREE Parking to the front and the side of the store
Relied upon by the local community
Based amongst the busy residential area
Energy Rating C
A leasehold convenience store located upon a very busy road.
A rare opportunity to acquire an established off licence and convenience store.
Current owner is looking to retire due after many years in the shop.
This site has huge storage at the back. The site is staffed full time therefore it has potential to increase sales with onsite management.
This would be ideal as a family run store, or it would suit a hand's on multi store operator.
LOCATION
This property is on a busy road in South Manchester. The site benefits from being in an extremely busy residential area with lots of locals and passing traffic. The shop has potential to do so much better as the current owner has decided to retire and take life easy.
INTERNAL DETAILS
The store is equipped with all required chillers, freezers, shelving and gondolas. The business sells a full range of products as would be expected for a convenience store, including, alcohol, tobacco, confectionery, and general items of convenience. This business has a potential to increase sales to £ 18,000 per week. Shop has a proven track but due to the vendor wanting to spend valuable time with family and loved ones the business has suffered loss of sales. Current sales are around £ 13,000 per week excluding services such as Lottery & PayPoint. Massive storeroom in rear of shop which is being used all the time with surplus stock.
External Details
The business benefits from having free parking to the front and side of the store for customers. Other businesses locally that complement each other but NO alcohol competition.
FIXTURES & FITTINGS
We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.
THE OPPORTUNITY
This local convenience store is relied upon by the local community and passing trade in the local area. This business is offered on a leasehold basis. The potential is huge as it has everything a business needs except for the will and power to push the business from strength-to-strength due to other commitments. There are events in the area over the year which push sales in excess of £ 25,000 in a weekend. The vendor is just tired of the long hours. This shop was turning over £ 18,000 per week when run by the owner but depending on staff, forces the sale of this gem.
TRADING INFORMATION
Trading information shows average weekly sale of circa £ 13,000 plus per week excluding services.
TRADING HOURS
Monday to Sunday 10:00 - 23:00 (Alcohol license is 08:00 - 06:00 on Friday and Saturday)
Regulatory
Premises Licensed
BUSINESS RATES
The current owner has advised that the store benefits from 100% small business relief on business rates. Purchasers however should make their own enquiries with the relevant local authority.
VIEWING
No direct approach may be made to the property. For an appointment to view please contact the agent.
