Weekly sales circa £8,500 - £9,000 excluding services
Lottery and Parcel service income £1,200 per month
Lots of parking outside the store and round back
Relied upon by the local community
Higher than average profit. GP is 25% - 30%
Energy Rating D
One bedroom flat above included
Rent £1,100 per month
Currently open 6am - 7pm Alcohol licence is until 11pm so huge potential
A leasehold convenience store located in a small village on the outskirts of Greater Manchester. This business is fitted to a good standard and has all the extras you would expect from a top end convenience store. A rare opportunity to acquire a longstanding and established convenience store. The alcohol licence was just started 12 weeks ago and sales are increasing every week.
The vendor is regretfully selling due to family commitments and having to move. This convenience store has huge potential to increase sales by increasing hours and with someone that wants to put their energy into boosting the sales by introducing new ideas such as hot meals, meal deals, possibly a post office and more.
This store runs such short hours closing at 7pm Monday to Saturday and 6pm on a Sunday when the licence is until 11pm. Increasing hours would certainly increase the weekly turnover substantially. Opening until 11pm is a must and will impact the sales figure substantially increasing the bottom line.
This would be ideal as a family run store, or it would suit a hand’s on multi store operator and the perfect business for the first time buyer.
LOCATION
This property is in a small village on the outskirts of Greater Manchester on a busy main road. The site benefits from being surrounded by a huge residential area and is in a busy shopping parade with lots of offices where businesses complement each other.
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 Lottery, PayPoint and a busy parcel service.
External Details
The business benefits from having ample parking outside the store and beyond. There is also a backyard area.
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 business is fitted to a good standard and is being offered on a leasehold basis.
The low rent, high GP and high turnover makes this an extremely appealing business.
TRADING INFORMATION
Trading information shows average weekly sale of circa £8,500 - £9,000 per week.
TRADING HOURS
Mon-Sat 6am-7pm
Sunday 6am-6pm
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.The current owner has advised that the store benefits from 100% relief from small 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.
