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BUSINESS REFERENCE : 10172 / RightBiz LEASEHOLD HOUSEHOLD GOODS STORE FOR SALE IN STAFFORDSHIRE | | | | | | Household Goods Store Cheadle, Staffordshire Main shopping street T/O: £92,018 GP: 51% Interesting store with enviable reputation Leasehold: £70,000 + SAV | | | BUSINESS LOCATION: | Cheadle Staffordshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Household Goods | | SALE: | Agent Sale | LEASEHOLD: | £59,950 + SAV | ANNUAL RENT: | £9100 | | | | | | | | | | | BUSINESS DETAILS: | Location
This delightful hardware, gift and general goods shop is ideally situated on High Street, in Cheadle, Staffordshire. It is located in the centre of the town and is surrounded by a variety of complementary shops and businesses, all of which generate a high daily footfall. The business benefits from having ample car parking within walking distance and boasts an excellent reputation in the local area. Cheadle is a market town approximately 15 miles (24 km) from the City of Stoke-on-Trent, 50 miles (80 km) north of Birmingham and 50 miles (80 km) south of Manchester. In addition it is also just 5 miles (8.0 km) from Alton Towers leisure park and therefore benefits from a high level of passing traffic.
Business History
Bag A Business is delighted to offer for sale this general & household goods shop in Cheadle, Staffordshire. This is a branch of a business that was established in 1983, which is now being offered on to the market due to the clients wish to retire. This opportunity offers a new owner a complete lifestyle change, with a business benefiting from an enviable reputation and long standing history. This is the only shop of its type in the Staffordshire region and currently generates a weekly turnover, in the last accounts, of £1,770 excluding VAT, with a gross profit of 51%, derived from the sale of hardware, gifts and general goods. There remains infinite scope to develop this business further through introducing a wider range of products and extending the opening hours, as it currently does not open after 5.00pm in the afternoon. This is a unique opportunity to purchase a thriving and well established business. Early discussions withBag A Business are highly recommended.
ACCOMMODATION DETAILS
Two storey building of brick construction underneath a pitched tile roof, briefly comprising:
GROUND FLOOR
Retail trading area approximately 640 sq ft
On site storage of approximately 390 sq ft
Office space
Kitchen
W/Cs
EXTERNAL
Rear yard with access for bins
OPENING HOURS
Mon - Sat: 9.00am - 5.00pm
FINANCIAL DETAIL
W/T: £1,769 approx
GP: 51%
TENURE
Leasehold
New lease to be negotiated
Rent: £9,100 per annum | | | | | | FOR SALE | | | | | SELLER: | BAG A BUSINESS | | CONTACT: | 01204 544400 | | REFERENCE: | 10172 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
