Modern Convenience Store in Manchester with Room for Development
City of Manchester, Manchester
- Status
FOR SALE
- Advert ID
657443
- Reference
G37152NW / Rightbiz
- Call Agent:
- Leasehold: £165,000
- Turnover: £494,000 (£9,500 per week)
- Profit: Not Applicable
Business Details
MODERN CONVENIENCE STORE EXCELLENT GROWTH POTENTIAL
Key Features:
- KEY FEATURES:
- Current weekly sales approximately £9,500
- Approximately 3,000 sq ft of retail space
- £60,000–£70,000 worth of stock
- New lease signed May 2026
- Annual rent of £31,750
- Lock-up retail premises
- Coffee station
- Hot food takeaway facility
- Lottery and ATM
- Fully fitted CCTV
- New electrical installation
- New fire alarm system
- Modern EPOS system
- Separate office facility
- Large customer car park to the rear
- No current retailer supply agreement
- Strong potential to significantly increase turnover
- Excellent development opportunity
- Offered for sale due to other business interests
An exciting opportunity has arisen to acquire a modern and recently refurbished convenience store occupying approximately 3,000 sq ft, situated in a prominent and highly accessible trading position on Wigan Road within an established local community.
The premises have benefited from significant recent investment, including a new electrical installation, new fire alarm system, fully fitted CCTV and modern EPOS system, providing an incoming purchaser with a well-equipped and professionally presented trading environment.
The business currently generates weekly sales of approximately £9,500 and benefits from a range of established income streams and customer services, including a coffee station, hot food takeaway facilities, lottery, ATM services.
The premises provide a substantial retail sales area, separate office facility and customer parking to the rear, offering an incoming purchaser considerable flexibility to expand the existing product range and develop the business further.
A new lease was signed in May 2026, at a current annual rent of £31,750. There is currently no retailer supply agreement in place, providing flexibility for a purchaser to consider future purchasing and supply arrangements.
The location represents a particularly attractive feature, with a railway station directly opposite the premises and a new terminal currently under construction. In addition, a new residential housing development is currently being built nearby, which is expected to increase the local population and provide further potential customer footfall as the development progresses.
Indicative figures based on a Spar retail model suggest that weekly sales of approximately £30,000 may be achievable following further development of the business. These figures are indicative only and should not be regarded as a guarantee of future performance.
The business is being offered for sale due to the vendor's other business interests, presenting an excellent opportunity for an experienced retailer or owner-operator to acquire a well-positioned business with established trade and significant scope for future development.
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 07957 263635.
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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
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