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Convenience Store for sale

Manchester, Greater Manchester, North West, M9

£57,950

Property Description

Key features

  • Ref:14169 D
  • Leasehold

Full description

Business
Hilton Smythe are welcoming to the market A-Z Convenience Store, a well-established Convenience Store located on Old Market Street, Manchester.

A fantastic opportunity for anyone looking to run their own business in the ever-growing city of Manchester. Our client took over the business 4 years ago but is now looking to pursue another business venture.

The turnover is generated from the sale of newspapers & magazines, tobacco products, chilled drinks, household items, pet food, general convenience items and general confectionery to name a few. Our client currently opens 7 days a week, generating a healthy annual turnover.

There is an option for the new owner to purchase an alcohol license to increase turnover further.

The business is priced to sell and early viewing is advised to avoid disappointment.

Location
The business is located on Old Market Street, Manchester.

The business is within a large residential suburb surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

There are several Railway stations nearby, there is also a main bus link to and from surrounding towns and the city centre.

The area is also well served by the A-roads, with the A664 and the A576 being within easy driving distance of the business, which links to the M60 motorway network.

Premises
Single story premise.

Shop floor-
Counter with under counter shelving
Confectionary stands
Till
Paypoint and Payzone
Free cash machine
Ample shelving and display stands
Large greeting card stands
Slat wall paneling display and hooks
Magazine and newspaper rack
Central display stand
2 large drinks fridges
Large drinks chiller
Large ice cream freezer

Store room-
Wall shelving and storage
Fire exit to rear and separate WC

The premise also has a CCTV system and metal shutters in place.

Tenure
We are advised the premises is a Leasehold opportunity.

Currently on a rolling lease, with a new lease to be negotiated.
Rent circa £11,400 per annum.

Hours
Current opening hours:

Monday – Saturday: 8.00am – 10.00pm
Sunday: 9.00am – 10.00pm

Staff
Owner ran with 1 full time staff member.

Financial Profile
The business reported a turnover in 2017 of circa £161,000.

Lottery £10,000 per annum
Payzone and Paypoint £20,000 per annum


Map & Street View

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