Sold
Profitable Freehold Off Licence & General Store
Oldham, Greater Manchester
- Asking Price: £83,500 +SAV
-
Turnover:
Turnover of circa £164,971 per annum, with a gross profit of 17%.
Please quote reference 14434
- Tenure: Freehold
Please quote reference 14434
Hilton Smythe is delighted to welcome to the market Kaths Corner Shop, a well-established and busy convenience store, which is ideally located on Turner Street, Oldham.
The business has been in our client's careful ownership for over 27 years. During this time the owner has gained an excellent rapport with the customers. Only now is the business being offered to the market due to retirement.
Our client offers a variety of goods including, alcohol, greeting cards, confectionery, soft drinks, ice cream and tobacco products. Well-presented retail area, fitted out to suit the trade.
This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early viewings must come highly recommended to avoid disappointment.
Owner run with 1 part time staff member and 1 casual staff member.
Monday – Thursday: 08.00 – 21.30
Friday: 08.00 – 22.00
Saturday: 09.30 – 22.00
Sunday: 10.30 – 21.30
Kaths Corner Shop is located on Turner Street, Oldham, surrounded by schools, parks and housing, so benefits from a high volume of footfall and passing trade.
The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.
The area is also well served by the A-roads, with the A62 being within easy driving distance of the business, which links to the M60 motorway network.
Situated in a residentially built up area on a busy road and main bus route, with ample street parking.
Ground Floor:
Single fronted shop with fitted counter, shelving, slat wall paneling, under counter tobacco storage; to the rear of the shop is a storage room with cupboards and a stainless-steel sink.
First Floor:
Currently used for storage, 2 rooms and a bathroom.
The shop has a CCTV system and metal roller shutter for security.
Tenure
We are advised the premise is being sold as a Freehold opportunity.