For Sale

Well Stocked Convenience Store

Macclesfield, Cheshire

£139,995 +SAV

Ref: B04832

Contact sales negotiator

James Cunliffe

01204 556 300

Email James Cunliffe

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Description

Hilton Smythe is delighted to welcome to the market Go Local / NC News, a very popular convenience store, which is ideally located on Hurdsfield Road, Macclesfield.

The business currently operates 7 days per week and generates a turnover in the region of £260,000 per annum, with a gross profit of approximately 20%.

The business operates with a paper round for 220 customers.

Go Local/NC News has been owned by our client since 2015, only now is the business coming to the market as our client is looking to downsize and spend more time with family.

Our client offers a wide variety of goods including:

• Newspapers
• Magazines
• Greeting cards
• Stationery
• Convenience items
• Frozen foods
• Household goods
• Alcohol
• Tobacco products
• Pay point
• Lottery Sales

The business has built up an enviable reputation within the area and is very well supported by the local community, with a high volume of repeat trade.

We feel there is scope to increase the turnover by:

• Increasing the opening hours
• Embarking on a modest marketing campaign to advertise the goods and services offered.
• Use social media it’s an excellent and free way of promoting businesses, such as a page on the very popular websites Facebook or Twitter.

Tenure

Freehold

We are advised the premises is Freehold.

A Leasehold option is available at £39,995 + SAV

We are advised an annual rent of £6,000. With a 3 year or 5 year Lease option available.

The business further benefits from being rates exempt.

Hours

Monday To Saturday 5amTill 8pm
Sunday 5am Till 12pm

Staff

The shop is owner ran with 1 full time and 2 part time members of staff and local news delivery staff.

Financial Profile

The business reports a healthy turnover for last year of £260,000 with a gross profit in the region of 20%.

Stock at value is around £10,000.

Location

Go Local / NC News is located on Hurdsfield Road, Macclesfield.

The business is surrounded by a wealth of complimentary shops and businesses and 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, being within easy driving distance of the business, which links to the M62 and national motorway network.

Premises

Go Local is located on a busy main road, providing lots of footfall.

The shop has excellent signage and external cash machine.

Ground Floor

Shop floor containing:

• Counter
• Cigarette stand
• Central display shelving
• Confectionary stands
• Lottery machine
• Tall display Freezer
• Epos till system
• Drinks fridges
• Ample shelving and display stands
• Greeting card stands
• Slatwall paneling display and hooks

1st floor (Storage)
Housing 2 large storage rooms and bathroom.

The premises are fully alarmed with CCTV.

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