For Sale
Off Licence And Post Office in Stockport for sale
Stockport, Cheshire
- Asking Price: £87,500 +SAV
-
Turnover:
We are advised as per the 2023 accounts, the business generated a turnover in the region of £390,000. Further financials can be made available upon request.
- Tenure: Leasehold
Please quote reference B07426
Hilton Smythe are delighted to welcome to the market Marple Bridge Stores & Post Office, a highly rated off licence/post office in Marple Bridge, Stockport.
The business has been under our client ownership since 2020. During that time, the business has built up an excellent reputation and loyal customer base.
Marple Bridge Stores & Post Office has now come to the open market due to our clients desire to pursue other business interests.
This community store stocks a wide range of everyday household items and also offers dry cleaning, advertising and postal services. It's holding an estimated stock value of £30,000.
Marple Bridge Stores & Post Office is the only village store within a 1 mile radius.
Key selling points -
- Newly refurbished shop unit
- Bus stop located directly outside
- Pedestrian crossing outside
- Main train station (connecting directly to Manchester Piccadilly) only 2 mins walk
- New lease to be offered
- Add hot food sales
- Offer local deliveries
- Increase advertising and marketing
- Expand on product range
We are advised that the business is run and managed by our clients family, with the additional help of some staff members.
The current trading hours are -
Monday to Wednesday - 9:00am - 7:00pm
Thursday to Saturday - 9:00am - 8:00pm
Sunday - 9:00am - 6:00pm
Marple Bridge Stores & Post Office is located on town Street, in Marple Bridge, Stockport.
The business occupies a highly sought after trading location, receiving high levels of footfall and passing trade.
Ground floor lock up -
- Accommodation is not included in the sale
- Large open plan shop
- Internal combined store room and staff welfare area
- A toilet
Tenure
We are advised that the business is being sold on a Leasehold basis, with a 10 year renewable, full repairing and insuring lease. Rent reviews are advised to occur every 3 years with a break clause every 5 years.
Rental for the new lease is £17,500 per annum.
Further lease terms to be discussed upon negotiation.
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Representative Example
Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
Rates may differ as they are dependent on individual circumstances. Subject to status.
