Convenience Store with Large Accommodation In Heywood Oldham For Sale

Business description

The Business Partnership is pleased to present the opportunity of purchasing this general Convenience Store wiith two, 3-bedroomed flats within the accommodation.

The convenience store occupies the front of two properties with space of around 450 sq ft. Offering a full range of news, tobacco, confectionery, convenience goods, alcohol and Payzone. The business turnover exceeds £4,000 per week with a gross margin of 18%. The shop fixtures and fittings are included in the price.

Although not freehold, the property is on a long lease with around 929 of a 999 year lease remaining. Rates are approximately £700 per annum.

At the rear of the shop is an entrance to the owners accommodation which has been modernised to a high standard. Kitchen, dining room and lounge are behind the shop with stairs up to the 2 double and 1 single bedrooms, and the family bathroom. There is a covered area outside with secure parking for 2 cars.

The second flat is accessed via its own entrance. Similarly, the kitchen, dining room and lounge are behind the shop with stairs up to the 2 double and 1 single bedrooms, and the family bathroom. This flat is currently let at £75 p.w. Both flats are double glazed throughout.

Please ask for full details or to arrange to view the property.

Property information

Property:

Leasehold

Lease terms:

Although not freehold, this property has 929 years of a 999 year lease remaining.

Leasehold rent:

£700 per annum

Living accommodation:

There are two, 3 bedroom flats within the premises. One is accessed through the shop and is used by the owner, the second has its own entrance and is currently rented out at £75 p.w.

Location:

The store has been open for 50 years on this site which is a heavily residential area.

Premises details:

Large, double fronted shop.

Other information

Expansion potential:

Currently closed each day between 1-3pm for lunch. Simply changing this could improve revenues.

Support & training:

A full handover can be arranged

Reasons for selling:

Our client is forced to sell for due to failing health.

Trading hours:

Mon - Sat, 6am - 11pm
Sun, 6am - 10pm
closed each day between 1 - 3pm

Financing available:

The Business Partnership has a number of contacts within the finance industry who specialise in raising funds for business purchases. If you would like to be put in contact with these people, please just ask.

Related documents:

• 
• Full Sales Particulars