Convenience Stores for sale in Manchester

View the "Off Licence & Counter Newsagents in Newton Heath" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Daltons is the way to go and the one I recommend. 

C. McFarquhar (Apr 2017)
View More
Leasehold Price: £119,995 Annual Turnover: £676,000
Request Details
Business Description
Very Busy Parade of Shops
Annual Turnover £676,000
Paypoint Lotto & Payzone £18,000 A Week
Retirement Sale
Low Rent & Rates
3 Bedroom Accommodation
Free Parking
Close to Etihad Stadium
Off Licence and National Lottery
EPC – D
Ref – 6250– Newsagents & Off Licence

Blacks Brokers are pleased to bring to the market this leasehold newsagents and off licence in the much sought after location of Newton Heath, Greater Manchester.

INTRODUCTION

Mo’s News & Off Licence has been trading from Old Church Street for over 10 years with our client in ownership since 2015 after being attracted to the main road location in a busy retail area.

LOCATION

Newton Heath is an area of Manchester just 2.8 miles north-east of Manchester city centre. The business is well linked with the M60 and is 10 minutes away from Manchester town centre. The business is also close to Moston Tram Station and the Etihad Stadium.

REASON FOR SALE

This opportunity is available due our client’s wish to retire creating this superb opportunity for a new owner.

LEASE

The building is available on a new lease with terms negotiable upon sale. The rent will be around £350 per week for both the shop and the accommodation.

BUILDING LAYOUT AND DESIGN

The business operates from a 2 storey building with a cellar. Inside the main shop can be appreciated, it is well lit, clean and presentable in all areas. There is a stock room, toilet and 2 storage rooms, 1 with access for deliveries. In the cellar there is further storage space and utility metres.

Above, accessible via a separate entrance and through the shop is the 3 bedroom accommodation comprising of a lounge, kitchen and bathroom.

There is free parking for 2 hours to the rear of the business and also further free parking nearby.

STAFF

Mo’s News & Off Licence is currently ran by the owner with 2 staff in employment.

FINANCIAL DETAILS

Mo’s News & Off Licence achieves an annual turnover of £676,000. There are multiple income streams available here with an A1 and alcohol licence in place. The business has newspaper sales along with alcohol, Lotto, Paypoint and tobacco. Full financial details are available after a viewing.

SUMMARY

This fantastic business is a superb opportunity for any new owner to take advantage of the already strong trading foundations. A new owner could increase the turnover by introducing newspaper delivery rounds and an online presence along with social media. There is also room for expansion within the business premises leaving a new owner open to introduce new business lines. Early viewings are advised. Fixtures:
Magazine rack

Shelving

Open display fridge x 2

Display fridge with doors

Display freezer x 2

Card shelving

Small coca cola fridge

CCTV – 8 points
Trading Hours:
Mon - Sat - 6am - 9.30pm
Sun - 7am - 9.30pm

Tenure: Leasehold

Location Details: Manchester

Leasehold Term: Rent: £350 Per Week For Shop & Accommodation

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
* REQUIRED
*
*
*
*
*
*
*
*
*
Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?
You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.
Please note that Daltons Business will send the above details to the seller of the business. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.
6250
Seller Reference:
You May Also Like...
loading... 
We use cookies to give you the best possible online experience. If you continue, we'll assume you are happy for your web browser to receive all cookies from our website. Find out more