Silk letting LTD is delighted to welcome to the market this highly popular local convenience store which has been established for over 10 years and has a high turnover and lots of room for growth potential to increase that even more. Proud to serve to Middleton’s community and local residents this shop sells a wide range of products including:
– Sweet treats
– Tinned goods
– Tobacco and cigarettes
– Newspapers and Magazines
– Lottery tickets
The store also has a pay point service for people to top up their Gas and electric meters, Mobile phones and more. Along with being one of the only collections and drop off points in the area for people to send and receive their parcels.
It holds the fantastic advantage of being the only Convenience store in the local area, benefitting from no competition! Our client took over the business last year although it had already been established and successfully run 9 years prior to that and is highly regarded for their friendly and welcoming service, building up a fantastic loyal client base of returning customers over the years.
Located On a busy main road off the B6189 and close to River Irk this alcohol selling convenience store is in the prime location for customers passing by on their way to and from work as well as loyal regulars from the residential areas who shop their frequently.
Some local shops and amenities include:
– Car garages
– Bike repair shop
– Furniture shop
– Middleton arena
– Manchester Muscle Academy
Stock, fixtures and fittings:
The premises comes fully fitted and includes over £6000 worth of stock.
There is the main till area where the spirits and tobacco are stored neatly on shelves behind
Large open drinks fridge section where the wine, beers and ciders are kept chilled
Lots of shelves filled with snacks and goodies.
A full stock check/asset list can be given upon viewing.
The business is currently owner run along with 2 full time staff who are more than happy to stay if requested by the new owner.
This property is a leasehold
Remaining lease is 10 years and the landlord is happy to create a new lease for any new owner
Rent – £350 a month and only £4200 for the year!
Business rates – This business benefits from being business rates free
Reason for sale:
The owner unfortunately has no time for the business due to other business commitments and is sad to see it go but feels it deserves an owner who has more time to run it. This opens the perfect opportunity for someone to take over an already established and profitable convenience store.
The business does not currently have any form of online presence, no website, or social media accounts. The new owner could create these to sell products online or post weekly updates/ deals.
A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.
Contact Sharon at Silk Letting on 0161 507 9791 or email@example.com to secure your viewing today!