- Business ID:3070
- Price: £130,000+SAV
- Annual Turnover: On Application
- Business Category: Newsagents & Convenience Stores
- Location: Greater Manchester
- Tenure: Leasehold
- Living Accommodation: No
- EPC Rating: D
Sovereign Business Transfer is excited to present a unique opportunity to acquire a thriving licensed convenience store situated in the bustling area of Stockport, Greater Manchester. This established business is now on the market due to the current owners’ desire to retire, offering new owners the chance to build upon its solid foundation and elevate it to new heights.
Strategically located just four miles from Manchester city centre, the store benefits from excellent visibility and accessibility, thanks to its prime corner position. Situated on a busy main road, the store attracts significant foot traffic from both locals and visitors.
With a strong and loyal customer base, the store generates a healthy weekly turnover. Despite its current success, there is considerable potential for further growth. Opportunities include introducing hot food items, offering more discounted promotional products, expanding fresh meat sales, and extending the current opening hours to capture more early trade. The store currently operates from 7:30 to 22:00, Monday through Sunday.
The store is presented in turnkey, walk-in condition, ready for immediate operation by a new owner. Currently managed by the owners, the business holds significant potential for expanding its product offerings and increasing revenue. The store’s spacious layout accommodates a diverse range of high-quality products, making it a preferred shopping destination within the local community.
The leasehold for the business includes a new long-term lease with an affordable passing rent of £18,000 per annum, subject to rent reviews every three years. This offers an accessible entry point into a well-established retail operation.
In conclusion, this business represents an exciting opportunity for prospective buyers to take over a successful, well-managed convenience store in a prime location, supported by a strong customer base and significant growth potential. With its excellent reputation and established operations, the store is well-positioned for continued success under new ownership. Interested parties are encouraged to arrange a viewing to fully appreciate the opportunity available.
- High weekly retail turnover
- Turnover and financial information available on application
- Established business in high footfall location
- Vast scope to develop business by introducing new product lines
- Genuine retirement for sale
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