Retail premises for sale in Off License & Convenience BB10, Lancashire
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Supermarket & development opportunity in Burnley for Sale.
This is a fantastic opportunity to acquire this substantial freehold property and land sat in approximately half an acre plot in this popular East Lancashire town. The business occupies a significant floor area of approximately 7,000 sq ft and enjoys an excellent local reputation. The remainder of the site is relatively un-developed aside from a two storey banqueting suite. This is a Grade II listed building with massive potential – viewing is highly recommended. The supermarket is hugely popular and has been set up from scratch a year ago by a novice entrepreneur with no experience in the sector. It now turns over up to £16,000 per week with a very credible and strong brand with 33,000 followers on Facebook and over 1,100 5-Star Review Ratings. The concern, which is based in a very densely populated community, is a gold mine for an experienced party to take this project forward. There is potential to double or triple the current turnover without much effort. The store is now famous for its customer service, and high quality meat, for which people travel far and wide. The store area is 7000 sq ft. This is a fantastic opportunity for the right party. The Banqueting Hall (9,000 sq ft) is currently being decorated. Estimated earnings once running are £275,000. There are no wedding or banqueting halls in the entire town and people currently travel one hour to Manchester, Bradford or Oldham where they charge up to £5,000 upwards per event. The luxury function suite (4,000 sq ft) is operational and turns over £3,000 per month. We believe, from our client, the council are supporting an application for 14 hmo bedsits for which there is a huge demand here. Phase 1 of 7 hmo rooms are currently ready for submission. The estimated earnings from our client when complete are around £3,000 per month. The site is effectively divided into three sections with the supermarket and first and second floor meeting rooms in one section. Ground floor warehouse with obvious mezzanine potential in the middle section. Function suite including prayer room and kitchen and large, unused accommodation to the third section. Lots of very easy parking within and adjacent to the site.
Burnley Manchester Road
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About the neighbours in BB10
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Ernest Wilson, and do not constitute property particulars. Please contact Ernest Wilson for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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