Costcutter Convenience Store

Costcutter Convenience Store

LEASEHOLD ASKING PRICE : £ 109,950 Rent £ 833 per month for lock up.

AT A GLANCE

  • Weekly sales circa £9,500 plus excl. services
  • FREE Parking to the front and the side of the store
  • Relied upon by the local community
  • Based in a huge affluent residential area
  • Amongst a busy shopping parade
  • Energy Rating D
  • A leasehold convenience store located upon a busy road.
  • A rare opportunity to acquire an established off licence and convenience store.
  • Current owner is looking to move out of the city.

This site has lots of storage at the back. The site is staffed full time therefore it has huge 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 surrounded by a huge residential area and based in an extremely busy shopping parade with lots of locals and passing traffic. The shop has potential to do so much better as the current owner has been forced to step back due to other business commitments. Located in a pleasant affluent area.

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, frozen, ice creams and general items of convenience. This business has a potential to increase sales by increasing hours. Currently opens at 10am but should open at 7am. Licence is 8am - 11pm. Current sales are around £ 9,500 per week excluding services such as Lottery & PayPoint. Has parcel service which generates around £4,000 per annum.

External Details

The business benefits from having free parking to the front and side of the store for customers.

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. 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.

TRADING INFORMATION

Trading information shows average weekly sale of circa £30,000 plus per week excluding services.

TRADING HOURS

Monday to Sunday 10:00 - 23:00 (Alcohol license is 08:00 - 23:00)

Regulatory

Premises Licensed

BUSINESS RATES

The current owner has advised that the store benefits from some 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.