REF 5746


Convenience Store & 3 Bed Accommodation

Macclesfield

Location

Excellent leasehold opportunity in Macclesfield, in an affluent area of Cheshire. An immediately unopposed, high turnover convenience store. The site includes a three bedroom apartment above, making the rental figure extremely attractive.

Business

The shop benefits from Lottery & Pay Point, Parcel delivery and an internal cash machine. We are advised that all trade fixtures and fittings are owned outright and are included as part of the sale.

The business currently trades as ‘Stop & Shop Express’ and is presented to a very good standard. It is heavily relied upon by the local community and is in a strong trading position with plenty of passing trade. The store runs as off licence, newsagent and offers the National Lottery, Health Lottery, Phone Top-ups and Pay Point. The spacious retail area is well maintained and in a good condition, measuring approximately 1,300 ft². There is also ample storage to the rear of the store. Energy Rating D.

The business is being offered for sale due to our client’s decision to relocate overseas. The lease has a remaining term of 4 years. There is ample parking available in the area and the store is conveniently located within close proximity to other businesses and residential dwellings.

The business is run by the owner, husband and staff. The business currently employs 3 part-time staff. A more hands on approach from a new owner/operator could significantly decrease the staff wages bill and increase profitability. The site has been approved for a post office. Potential for further development through increasing range of chilled products or branded goods.

Accommodation

There is a large 3 bedroom apartment above the store which has a separate entrance. This is ideal for owner’s family accommodation or as a rental investment.

Shop Measurements

Shop Trading Area: 120.8 m² (1,300 ft²)Stockroom Area: 18.6 m² (200 ft²)

Notice

ll informatAion provided is subject to the standard terms and conditions of A1 Businesses Ltd. (trading as A1 Businesses for Sale). See our disclaimer page for more details.

Viewings

Any viewings for the business and/or property are to be made strictly by appointment only through A1 Businesses for Sale. No approach should be made directly to the owner or any of their employees.

Price

£69,950

Tenure

Leasehold

Gross Annual Income

£520,000

Annual Rent

£20,000

Rateable Value*

£12,500

* (Note: The rateable value is used to calculate your rates bill so this is not the amount you will pay) click here for more information

Lease Terms
Current lease expires 31/10/2022

Stock Value
Estimated £20,000

Trading Hours
Monday – Saturday 7:30 am – 9:30 pm
Sunday 8:00 am – 9:00 pm

Employees
3 part time employees

Gross Profit Margin
22%

Share

Search for a Business