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BUSINESS FOR SALE ADVERT DETAILS

ADVERT VIEWED : 6,070 TIME(S)
BUSINESS REFERENCE : 10356 / RightBiz

LEASEHOLD CONVENIENCE STORE FOR SALE IN GREATER MANCHESTER

 

 
Convenience Store Greater Manchester T/O: £1,000,000 GP: 21% Established over 40 years. Prominent trading position within busy parade of shops. Captive trade. National Lottery outlet. Leasehold: £250,000 + SAV

BUSINESS LOCATION:

Denton Manchester UNITED KINGDOM

BUSINESS SECTOR:

Retail

TRADE TYPE:

Convenience Stores

SALE:

Agent Sale

LEASEHOLD:

£250000

ANNUAL RENT:

£12600
   
 
   

BUSINESS DETAILS:

Location

Hallens/Londis is located in a prominent and highly desirable trading position on Tatton Road, within the Haughton Green area of Denton, in Manchester. These purpose-built retail premises have a ground floor trading area of approximately 1,400 ft.², an attractive wide frontage and benefit from ample free car parking facilities outside. It is situated within a busy parade of complementary shops and individual businesses, which include the local housing association office, a doctor's surgery, chemists and fish & chip shop, all of which attract a high daily footfall. There are a number of primary and secondary schools in close proximity, and a thriving residential area, from which the business derives much regular repeat custom.

Business History

Bag a Business is delighted to offer for sale this thriving and highly regarded convenience store business, located in such a prime trading position, within the Haughton Green area of Denton. Hallens/Londis currently has an average weekly turnover of £19,250 achieving a 21.3% gross profit. The business is very much a focal point for the surrounding residential areas and benefits from a full alcohol sales licence, cash machine and National Lottery terminal. The business occupies impressive, purpose-built premises, which have undergone a substantial refurbishment programme and now boast an exceptionally high standard of fixtures and fittings throughout. In addition, it has two large storage rooms with rear delivery access. This is a unique opportunity to purchase such a thriving and well supported business and as such early discussions with Bag a Business must come highly recommended.

PROPERTY DETAILS
Single storey retail premises occupying approximately 1,400 sq ft
GROUND FLOOR
Main entrance
Open plan retail sales area
3 central aisles
2 chest freezers
Various refrigerated display units
Ice cream freezer
6 double drinks chiller cabinets
Wide sales counter
National Lottery terminal
Kitchen
Rear storeroom with vehicle access from service road
Secondary storeroom
Office
WC and wash basin

EXTERNAL
Ample free car parking
Rear delivery access

OPENING HOURS
Mon - Wed: 7.00am - 9.00pm
Thu - Sat: 7.00am - 9.30pm
Sun: 7.30am - 8.00pm

FINANCIAL DETAIL
W/T: £19,250 approx
GP: 21.3%
Newssheet: £950 per week
Lottery: £1,700 per week

TENURE
Leasehold
Original length: 25 years
Remaining length: 20 years
Review every: 5 years
Rent: £12,600 per annum
   

BUSINESS STATUS:

FOR SALE
   

SELLER:

BAG A BUSINESS

CONTACT:

01204 544400

REFERENCE:

10356 / RightBiz

ENQUIRIES:

 
 
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