Simphi are delighted to welcome onto the market this well-established newsagent and off-license in a prominent position in an affluent part of Manchester.
The business has been trading for many decades and has been under our clients’ ownership since 2011. It is only now being offered to the market due to our clients’ desire for a well-deserved rest.
The off-license occupies substantial premises in an ideal trading location on a main road. The business is situated towards the town centre and is also surrounded by densely populated residential areas, therefore benefitting from a very high volume of footfall and passing trade.
The towns’ main businesses, such as the high street banks, takeaways, shopping precinct, and other large businesses are all located along the same road making this business an ideal stop over for a quick purchase.
The business also benefits from ample on-street parking facilities to the front of the premises.
The off-license operates from a large and substantial property.
This double fronted business has a large sign on the front door and front windows to identify itself from other businesses in the area.
Our client currently occupies the property for her own use hence why the standard of the accommodation upstairs is of a high spec.
The business briefly comprises of the following:
Ground Floor – shop floor, large storage to the rear, w/c. Large garden with separate access. There is also a small office.
First Floor – large living room, newly equipped Kitchen and a family bathroom
Second Floor – 2 double bedrooms.
The rent for the property currently stands at £1080 per calendar month. This can be renegotiated when taking over the lease. The lease is to expire within the next year and therefore it is important for the new buyer to purchase this business before our client re-enters into a new lease. Our client does not wish to tie herself down for any longer than necessary.
Monday to Saturday – 06:15 – 19:30
Sunday – 08:00 – 13:.00
NOTE: The current opening hours are tailored to suit our clients’ requirements. Therefore, there is significant potential to increase the turnover of this business by extending the opening hours.
The off-license is currently owner managed with 3 part-time members of staff.
Gross Profit: TBC
NOTE: THERE IS SIGNIFCANT OPPORTUNITY TO INCREASE SALES. OUR CLIENT CURRENTLY OPERATES THIS BUSINESS AT THEIR OWN CONVENIENCE. FURTHER MORE, WE RECOMMEND ANY POTENTIAL BUYERS TO CONSIDER THE 2 BEDROOM LIVING ACCOMMODATION THAT COMES WITH THE PURCHASE. THE ACCOMMODATION IS SUITABLE FOR A COUPLE OR A SMALL FAMILY AND IS CERTAINLY WORTH CONSIDERATION.