Shop for sale

Albion Street, Oldham, Greater Manchester, OL1

7,336 sq. ft. | £29,950

Property Description

Commercial information

  • Business for sale
  • 7,336 sq ft (681 sq m)

Key features

  • REF: 2353
  • LEASEHOLD
  • HEALTH FOOD SHOP

Full description

Tenure: Leasehold

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and popular health food business, situated within the indoor Tommyfield Market in Oldham, Greater Manchester. The business was originally founded 35 years ago and has been in our client`s careful ownership since 2006. Only now is the business being offered to the market due to our client`s other business interests. Here`s Health Food Stores generated a very healthy turnover in the region of 138,000 as of the 2014 accounts, with a gross profit of approximately 38%.

Our client offers a wide range of health foods and supplements including Pharma Nord products, which are halal certified. The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth referrals. The three stalls are spacious with racking and shelving to suit the trade.

We feel the turnover could be increased by extending the range of goods available. The business would also benefit from the launch of a website to promote the health food and supplements available and perhaps offering online ordering facilities. This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.


LOCATION
Here`s Health Food Stores Ltd occupies three adjoining stalls within the indoor Oldham (Tommyfield) Market in Greater Manchester. The business is surrounded by a plethora of complimentary small businesses and market stalls; therefore benefitting from a vast amount of footfall. Tommyfield Market is located within the heart of Oldham and houses over 115 businesses, making it a very popular place within the town for shopping. The opening hours of the market are Monday to Saturday 9.00am to 5.15pm. Oldham is a large town in Greater Manchester and as of the 2001 census it had a residential population of 103,544.

The area of the business is well-served by the public transport system, with several bus stops within easy walking distance. Oldham also benefits from the Metrolink tram system, with links to Manchester and Rochdale. The area is also well-served by the A-roads, with the A627 being within easy driving distance of the business. Oldham lies 5 miles south-southeast of Rochdale and 7 miles northeast of the city of Manchester.

PREMISES
Three adjoining stalls in a very popular indoor market, briefly comprising:

Serve over counter with electronic cash register and fax machine.
Product display units.
Racking and shelving to suit trade.
Two large display windows.
Hand wash basin.

The business is well signed and positioned.

TENURE
We are advised Leasehold:

Rolling lease.
Rent: 1,040 per calendar month.

HOURS
The business is open:

Monday - Saturday: 9.00am - 5.15pm
Sunday - Occasionally, such as Christmas

STAFF
The business is owner run and managed.
FINANCIAL PROFILE
The business generated a very healthy turnover in the region of 138,000 as of the 2014 accounts, with a gross profit of approximately 38%.



Nearest stations

  • Oldham Mumps (0.5 mi)
  • Oldham Werneth (0.6 mi)
  • Derker (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Oldham Mumps (0.5 mi)
  • Oldham Werneth (0.6 mi)
  • Derker (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2353D. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hilton Smythe, Bolton . Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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