Furniture showroom for sale in Cheetham Hill Plaza, City of Manchester
City of Manchester, Manchester
- Status
FOR SALE
- Advert ID
640996
- Leasehold: £150,000
- Rent: £36,000 (£3,000 per month)
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Furniture show room
Are you looking for an exciting investment opportunity in the bustling heart of Manchester? I am selling my fully operational furniture business located inside Cheetham Hill Plaza, one of the city's busiest shopping hubs. The shop enjoys strong walk-in traffic and boasts a loyal customer base. Buisness thats near by is TESCOS ,COSTA, POUNDLAND ,and many more
 Unfortunately, due to limited manpower and my lack of expertise in this sector, I’ve decided to hand over the reins to someone who can truly take the business to new heights.
This well-established shop presents an incredible chance for anyone interested in retail, particularly in the furniture category. The shop is set up and ready to welcome customers, with an existing range of stock that includes sofa sets, beds, wardrobes, tables, and much more. The high demand in this area ensures consistent footfall, making it an ideal environment for growth. With the rising trend towards online shopping, there is significant potential to expand via platforms like TikTok, a dedicated website, and various marketplaces, all of which could enhance profitability further.
What You’ll Receive
The purchase includes a complete retail unit within Cheetham Hill Plaza, along with an ample stock of furniture. The location itself guarantees a steady stream of customers, and the business is operational with minimal hassle, ensuring an easy handover for the new owner.
Reasons for Selling
This venture was not originally within my area of expertise, and I lack the team necessary for effective online marketing or social platform management. Although the shop is performing well, it requires a dedicated individual who is passionate about furniture and retail to realise its full potential.
Location
The business is situated in the thriving Cheetham Hill Plaza, known for its significant foot traffic and proximity to other amenities. Anyone familiar with the area understands how vibrant this location can be.
Ideal Candidate
This opportunity is perfect for individuals seeking a ready-to-start retail business, existing traders in the furniture industry looking to expand, or anyone keen to establish a presence in a high-demand area. With four years of successful operation under the current ownership and two employees on hand, the foundation for ongoing success is already laid.
Additional Details
The annual rent for the premises is ÂŁ36,000, and all stock is included in the sale price. There are existing amenities nearby, such as Tesco, Costa Coffee, and various retail outlets, which draw in customers. While the business currently lacks an online presence, this presents an exciting opportunity for the new owner to grow the business digitally.
If you're interested in capitalising on an established business with ample growth potential, please get in touch for further details on this exciting venture!
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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 ÂŁ1, 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.
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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.
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