Retail premises for sale in Bury, Manchester BL9

£30,000
Retail premises for sale
Interested in this property? Call +44 1772 913303 * or Request Details

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Property features

  • Well known delicatessen specialising in raw meats, cooked meats, cheeses and pies, Well established and very popular, trading since 1959, with a strong loyal customer base
  • Weekly takings £2,500, net profit circa £36,000 per annum. Increased turnover by 25% since last year September (can be supported by accounts)
  • Bustling and popular indoor market, town centre position, truly enviable reputation
  • Valuable modern equipment, ideal first time buyer, viewing highly recommended

Property description

Reference - 46439

Description
This is a rare and exciting opportunity to acquire a long established and well known delicatessen, occupying a prominent trading position on the world famous and award winning Bury Market, which is the biggest and busiest market in the North West and benefits from no immediate competition in the area.

Ogden’s is located within the bustling indoor market, which is home to over 60 stalls, offering a wide range of goods including food, giftware, fabrics, clothing and shoe repairs and is not only popular with people from the town, but also with shoppers from throughout the North West and beyond.

Ogden’s has successfully operated within the market hall for almost 60 years and during that time the business has earned an excellent reputation for offering a wide range of quality, fresh produce with a friendly service.

The business boasts an extensive and loyal customer base, going back generations, attracting both regular repeat and passing trade from the large number of shoppers who frequent the town on a daily basis.

Ogden’s is a thriving and highly successful business, which represents an ideal investment for an ambitious and energetic team or ambitious first time buyer who can continue to drive the business forward, whilst maintaining the good name, reaping the impressive financial rewards generated quite literally on a daily basis.

To fully appreciate this first class business opportunity, a viewing is highly recommended to avoid disappointment.

Sales
Currently weekly shop sales average £2,500 approximately.

Accounts
Current records and accounts can be inspected when viewing.

Trading Hours
Monday
09:00 – 17:00

Wednesday to Saturday
09:00 – 17:00

Staff
The business is managed by the owners.

Building External
The business operates from a good size unit located within the bustling indoor market hall.

Building Internal
The commanding unit offers a highly visible trading area which is well presented, with a comprehensive selection of good quality, modern equipment.

There is also a separate basement store.

Residential Accomodation
There is no residential accommodation for owners/management available.

Tenure
We are advised that the property is held on a 6 year lease which commenced in 2018. The annual rent is £8,528 exclusive (correct as advised on 21/06/18). Rent reviews are at 6 yearly intervals.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
This is a rare opportunity to purchase a long established and well known business, generating excellent levels of profit, which represents an ideal purchase for an ambitious first time buyer.

To avoid disappointment, a viewing is therefore highly recommended.

Arrange Viewing

For more information about this property, please contact
Kings Business Transfer, PR2 on +44 1772 913303 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Kings Business Transfer, and do not constitute property particulars. Please contact Kings Business Transfer 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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