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Gidlow Lane,Wigan,WN6

£120,000

Property Description

Full description

Tenure: Leasehold

WELL KNOWN & POPULAR OFF LICENCE - LANCASHIRE
Early viewing essential to fully appreciate
High amount of regular & repeat trade
Situated in the bustling town of Wigan
Advised annual turnover of 900,000
Scope for further development
Ideal partnership opportunity
Genuine reason for sale
LEASEHOLD


Location

The business is situated on a busy road in a residential suburb of Wigan, the business enjoys a prime trading location at the heart of a close knit community & is ideally placed to serve the general public both local customers & passing trade. Wigan is roughly equidistant from the cities of Manchester, Preston and Liverpool, and is neighboured by the towns of Leigh, St Helens, Bolton, Chorley and Warrington. Wigan lies on the meeting point of two primary A roads, the A49 and A577 which link to the M6, M61 motorway and M58 motorway, which makes it very accessible from the whole of the North West.


Business History

Meridian Business Sales are delighted to offer for sale this superb off licence which has been established since 1997 and has been in the careful hands of our clients for the last 5 years. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the business they have invested time and money in the business and premises to the point where it is in full walk in condition. Our clients inform us that annual turnover currently runs at 900,000 which is derived from the sale of a wide range of alcohol such as wines, spirits, larger, ale etc along with cigarettes, soft drinks and confectionary. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.


Financial Profile

Turnover: 900,000pa
Gross profit: 121,500pa


Tenure

We are advised Leasehold
Original length: 20 years
7 years remaining
Lease is renewable


Opening Hours

Monday: 11:00am - 10:00pm
Tuesday: 11:00am - 10:00pm
Wednesday: 11:00am - 10:00pm
Thursday: 11:00am - 10:00pm
Friday: 11:00am - 10:00pm
Saturday: 11:00am - 10:00pm
Sunday: 11:00am - 10:00pm


Accommodation

Highly visible corner property, briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Open plan store

Racking & shelving displays

Drinks fridge

Display chiller

Free standing displays

Serving/payment counter

Cigarette gantry

Storage room

Toilet facilities

EXTERNAL
Parking for 4-5 vehicles

Nearest stations

  • Wigan Wallgate (1.2 mi)
  • Wigan North Western (1.4 mi)
  • Gathurst (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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

  • Wigan Wallgate (1.2 mi)
  • Wigan North Western (1.4 mi)
  • Gathurst (2.0 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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 3633. 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 Meridian Business Sales Ltd, 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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