FOR SALE
642198
Off licence and convenience store in Edgeley, Stockport
Introducing an exceptional opportunity to acquire a well-established off licence, newsagent, and convenience store located in a vibrant residential area with high foot traffic and a loyal customer base. This thriving business is positioned strategically near schools, various local amenities, and efficient transport links, ensuring a steady stream of customers throughout the day.
This long-standing business has flourished for over 30 years, providing an extensive range of products including alcoholic beverages, tobacco, newspapers, magazines, groceries, household items, and confectionery. Additionally, customers can benefit from services such as the National Lottery, PayPoint, and mobile top-up facilities, making it a one-stop shop for daily essentials.
The premises feature a spacious retail area equipped with modern fixtures and fittings, all of which are included in the sale price. There is significant potential for expansion by introducing hot food options, starting a parcel collection service, or extending opening hours. The safety of the store is assured with a CCTV and alarm system in place.
This business is not only ideal for owner-operators but also presents a lucrative investment opportunity. Its convenient location within Stockport, Manchester, is complemented by nearby amenities such as a fish and chips shop and a pub, further increasing its attractiveness to customers.
The business is available as a leasehold opportunity, with an annual rent of £16,800 and an asking price available upon request. It consistently demonstrates high turnover, and the new lease for the fully fitted store includes access to a car park, enhancing its appeal. Offers are welcomed for this established enterprise located in a prime area.
Key Features
The store boasts numerous advantageous features that enhance its viability:
• Diverse product range includes alcoholic beverages, snacks, and everyday essentials.
• CCTV security system for enhanced safety and monitoring.
• Prime location, ensuring high foot traffic and excellent visibility.
• Offers a variety of tobacco products, including heated tobacco options.
• A well-maintained, inviting retail space with clean displays and an organized layout.
For those interested in the potential for growth, the business comes with flexible opening hours and an accessible delivery area. The shop is located in a residential area, contributing to a strong community presence and consistent customer traffic. With a well-equipped retail space and a long lease available, this opportunity is appealing for those looking to invest in a thriving business.
Business Overview
The leasehold price is set at £15,000 a current turnover of approximately £208,000 and an attractive annual rent of £14,800. The owner is seeking to sell due to staff shortages and commitments to another business, but is willing to offer training opportunities to the new owners.
This off licence and convenience store in Edgeley, Stockport is not only competitively priced for a quick sale, but it also has great potential for further development. Those interested in the future of this business are encouraged to consider the financial benefits of acquiring a strong presence within this community.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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