| (REF: 1019) Leasehold Convenience Store for sale, Manchester |
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| Seller Reference: |
1019 |
| B4S Reference: |
31936 |
| Asking Price: |
£74,950
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| Net Profit: |
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| Sales Revenue: |
£340,000 |
| Number of Staff: |
2 |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
New Moston, Greater Manchester, United Kingdom |
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Hilton Smythe Commercial are delighted to introduce J & P Convenience Store to the Market.
The store is currently branded as a premier store, however will shortly become a costcutter, something which will deliver higher revenue. The current owner has worked tirelessly to transform the business into what it is today, as the previous owner allowed the business to flounder in certain areas.
The principal business activities lie in the serving of everyday commodities, newspapers and magazines, alcohol and tobacco. The store has met the required criteria and has made an application for the installation of lottery services, which will increase turnover dramatically.
The scope for improvement within the store is vast. As costcutter introduce a new range of products there will inevitably be some exciting opportunities plus the addition of the lottery services will drastically increase revenue.
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Property: |
Leasehold |
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Lease Terms: |
15 Year Lease, 14 Years Remaining. |
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Current Rent: |
700 per month |
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Living Accommodation: |
No |
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Details of Accommodation: |
The business premises consists of a main retail area, which is appropriately sized and contains the expected open fridges and chest freezers along with ample shelving for stock.
Towards the rear of the premises there is a stock room, staff toilet and kitchen area. |
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Location: |
J & P Convenience Store is located within a densely populated busy road in a residential area of New Moston. New Moston lies just three miles north east of the city centre, and is served well by public transport further, the shop lies adjacent to a Primary School, which provides a good source of revenue. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday – Saturday 07:30 – 21:00
Sunday 07:30 – 20:00 |
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At present the business is owner managed, employing two members of staff. |
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