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Leasehold Convenience Store and Off-Licence Located In Manchester

Manchester
Veritas
Business ID:
#2393
  • Ref: 2393
  • Type: Newsagents
  • Availability: Sold
  • Business ID: 2393
  • Price Postfix: Veritas
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Full Details

Leasehold Convenience Store & Off-Licence Located In Manchester
Ref 2393

Location
This outstanding Convenience Store & Off-Licence is located in Irlam, Manchester. Situated within a prominent and highly visible trading position on Liverpool Road. Nearby you have other large retailers and an abundance of residential properties which bring high levels of footfall to the area. Irlam is 6.7 miles southwest of Salford, 7.6 miles southwest of Manchester and 8.3 miles northeast of Warrington.

Asking Price: £125,000 plus SAV (£40,000)
Opening Hours
Monday – Sunday – 7.00am – 10.00pm

Leasehold
Lease term: 20 years Remaining: 19 years 10 months Rent: £34,000 plus vat pa Rates: £13,000

Business Description
Veritas Business sales are delighted to offer for sale this respected Convenience Store & Off-Licence which is located in Irlam, Manchester. The business has been established for over 25 years and was previously an old CO-OP site and is now being offered for sale due to an unforeseen change in circumstances. The retail is approximately 3,000 sq ft and comes with plenty of equipment along with fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Nisa is operated by a team of 5 full time & 6 part time members of staff and has an average weekly turnover of circa £20,000. Other services include The National Lottery & scratch cards (£3,000 PW) and Paypoint (£15,000 PW). They retail a fine selection of groceries, frozen foods, beers, wines, spirits, soft drinks, tobacco products, confectionery, bread, milk, dairy products, fruit & veg, ice creams, toiletries and hardware. We believe that there the business would benefit from owner operators at the helm. The business enjoys a strong reputation within the local community and beyond 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 is not to be missed.