Convenience Stores for sale in Manchester

View the "Convenience Store, Off Licence, National Lottery, South Manchester, For Sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I am delighted with the service – I’ve sold my business and highly recommend Daltons to other business sellers 

Marianne Ross (April 2014)
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Leasehold Price: £240,000 Price Reduced Under Offer Annual Turnover: £1,130,000 Annual Net Profit: £118,000
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Business Description
Aspire is delighted to offer for sale this busy convenience store and off licence shop, ideally located in a densely populated residential area in South Manchester.
Set in a highly desirable prime location, the business benefits from good access, with prominent store frontage and ample free car parking adjacent. The premises sit within a parade of complementary shops, attracting much passing traffic and with high footfall and excellent local custom.
There is a wide range of amenities in the locale, with Manchester city centre less than 10 miles distant.
The business is perfectly placed to access the motorway network, via the M56 or M60, with the local conurbations serviced by a number of A-roads.

There has been a store situated in these premises for over 50 years and this has been in the careful hands of the current owners for over 10 years. The business is only now offered for reluctant sale due to retirement.

The shop is set within a popular residential area, with numerous housing estates close by. The current owner has developed a solid, local customer base, providing a wide range of convenience items, groceries, newspapers, alcohol and lottery tickets.

The business is located in a corner-parade, single storey lock up shop, with wide frontage and prominent signage. The business trades under the Go Local brand. The premises are well presented and finished with a high standard of fixtures and fittings, an EPOS system, air conditioning, CCTV and are secured with a roller shutter door.
Internally the open-plan retail area is fully equipped for the trade with perimeter and aisle racking and shelving. Also in the shop is a fully length dairy fridge, double upright freezer display cabinet, 2 x double dairy chiller displays, triple door ice cream freezer and newspaper display. The wide sales counter has two serving positions, and houses the lottery terminal, card machine and cigarette storage.
To the rear of the store is an office with a sink and shelving, a fully-racked storage room, a WC and an exit door leading to an enclosed rear yard and delivery access.

With an already high turnover, there is further scope to enhance the business. It may be possible to extend the sales area into the side or rear of the premises, increasing the current display space to enable the new owner to expand the range of stock available. It may also be possible to add a cash machine.

In such a great location and with good turnover, this thriving shop makes an excellent opportunity for an already established company to add to their portfolio. Alternatively, as a walk-in-and-trade business, it would be an excellent purchase for anyone looking to enter the trade.

Opening hours
Monday to Sunday - 7.00am to 10.00pm.

Leasehold business for sale - £240,000
Lease original length 10 years, review every 3 years, remaining 1 year (New lease to be assigned)
Weekly lease rent - £165
Annual turnover - £1,130,000, GP 20%
Net Profit - £118,429
Average weekly lottery commission - £230
Annual business and water rates - £1,770
Retirement sale

This is an excellent opportunity to acquire a long established and thriving convenience store and off licence with additional potential. Early discussions with Aspire, in confidence, are highly recommended.

www.aspirebusinesses.co.uk
Tenure: Leasehold

Location Details:

The store is ideally located in a densely populated residential area in South Manchester.
Set in a highly desirable prime location, the business benefits from good access, with prominent store frontage and ample free car parking adjacent. The premises sit within a parade of complementary shops, attracting much passing traffic and with high footfall and excellent local custom.
There is a wide range of amenities in the locale, with Manchester city centre less than 10 miles distant.
The business is perfectly placed to access the motorway network, via the M56 or M60, with the local conurbations serviced by a number of A-roads.

Leasehold Term:

Lease original length 10 years, review every 3 years, remaining 1 year (New lease to be assigned) Weekly lease rent - £165

Listed by: Aspire
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