Established Wigan Convenience Store with High Profit Potential and 3-Bed Accommodation Available
Wigan, Manchester
- Status
UNDER OFFER
- Advert ID
632193
- Reference
Wigan Convenience Store with HIGH GP and potential / Rightbiz
- Call Agent:
- Leasehold: £159,950 (Stock at valuation)
- Rent: £27,000 (£2,250 per month)
- Turnover: £728,000 (£14,000 per week)
- Net Profit: On request
Key Features
- Price Reduced
- Attractive Business
- Offers Invited
- Price Further Reduced
- New Lease
- Prime Location
- Retirement Sale
- Accounts Available
- Incentives May Be Available
- Home Based
- High Turnover
- Large Business for Sale
- Small Business
- Established Business
- Fully Fitted
- Free of Tie Leasehold
Business Details
Wigan Convenience Store with HIGH GP and potential to increase sales & 3 bed accommodation MUST SEE
Leasehold: Asking Price £159,950 Rent £27,000 per annum including 3-bedroom accommodation.
At a Glance
Weekly sales circa £13,500 excl. services
Parking to the side of the store
Relied upon by the local community
Higher than average profit. GP is 30% PLUS
Energy Rating D
A leasehold convenience store located upon a busy main road. This business is fitted to a good standard. A rare opportunity to acquire a longstanding and established off licence and convenience store.
This site has space for storage in the back of the property. The site is staffed part time therefore it has huge potential to increase sales with onsite management.
This would be ideal as a family run store, or it would suit a hands on multi store operator.
Location This property is on a busy main road in Wigan. The site benefits from being surrounded by a huge residential area and the shop could go from strength to strength. A huge advantage is the site is walking distance from Haydock racecourse so benefits from a lot of footfalls on race days and concert days. This is an extra income and is not included in the weekly sales above.
Internal Details The store is equipped with all required chillers, freezers, shelving and gondolas. The business sells a full range of products as would be expected for a convenience store, including, alcohol, tobacco, confectionery, and general items of convenience. This business has PayPoint and lottery.
External Details The business benefits from having free parking to the side of the store for customer use.
Fixtures & Fittings We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.
The Opportunity
This local convenience store is relied upon by the local community. This business is fitted to a good standard and is being offered on a leasehold basis.
Trading Information
Trading information shows average weekly sale of circa £15,000 per week.
Trading Hours
Monday to Friday 07:30 – 22:00 (Alcohol license is 08:00 – 23:00)
Saturday 08:00 – 22:00
Sunday 10:00 – 22:00
Regulatory
Premises Licensed
Business Rates
The current owner has advised that the store benefits from 100% small business relief on business rates. Purchasers however should make their own enquiries with the relevant local authority.
Viewing
No direct approach may be made to the property. For an appointment to view please contact the agent.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
