Retail premises for sale in Northenden Road, Sale M33

£275,000
Retail premises for sale
Interested in this property? Call +44 161 937 5978 * or Request Details

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Property features

  • Main Road Trading Position
  • Accounts Available Year End 30th April 2021
  • Annual Turnover £186,045
  • Gross Profit £40,678
  • Self Contained Accommodation
  • Established 2001
  • Owner Operator / No Staff
  • Fully Equipped
  • Well Presented
  • Scope To Extend Opening Hours
  • Potential For New Product Lines
  • Scope For Shop Extension
  • EPC - E

Property description

Ref 7333 – Freehold Off Licence With Accommodation
Blacks Brokers are pleased to bring to the market this freehold off licence with accommodation located in Sale, Greater Manchester.


Introduction


V & M Wines was established by our client in this busy area of Sale in 2001. The business offers a range of wines, beers and spirits and is very well known in this area. The business has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation.


Location


V & M Wines occupies a prominent trading position on the corner of a row of residential properties. The area is densely populated residentially with some commercial properties also nearby which include independent retailers as well as large multiples including Coral and Tesco Express. There are also a number of other local amenities nearby including schools and medical centre. The area is well linked by the M60 with very strong public transport links and parking is available immediately outside the property.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Staff


The business operates with our client only in employment.


Financial details


V & M Wines has traded solidly since opening and our client has established a strong repeat customer base. The accounts year end 30th April 2020 show that the business has an annual turnover of £160,542 and a gross profit of £34,137. Full financial information is available upon request.


Business rates


The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This popular and long established business occupies an enviable trading position in a busy residential area of Sale. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new product lines and longer opening hours, possibly a collection and drop off service where appropriate. There is also scope to convert some of the stock area space into shop space to accommodate a new convenience product range. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business & Property: £275,000.

Please quote ref: 7333

Business Accommodation

Building layout and design

V & M Wines operates from the ground floor of a spacious corner property on a busy residential street. The business has large branding and signage on display above a fully glazed frontage which is fitted with secure metal shutters. Inside, the servery/counter is positioned to the side of the shop with cigarette gantry to the rear of this. The shop is well fitted with display fridges and shelving and there is a large storage area to the rear. All areas are fully equipped and presented well.

The first floor accommodation comprises of one bedroom, lounge, bathroom and fitted kitchen. To the rear of the property is an enclosed yard with outside toilet.

Fixtures & Fittings

Shelving

Racking

Drinks Display Fridge

Chest Display Freezer

Opening Hours

Mon - sun: 14:00 - 21:00

Arrange Viewing

For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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