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Retail premises for sale

£50,000

Oldham OL4, UK

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Property description

Blacks Brokers are delighted to bring to the market a pair of leasehold e-Cigarette retail outlets located in the Oldham area of Greater Manchester.

E-Smoke has been trading from these two locations since 2013. 56 High Street, Lees is slightly more established since it began trading in 2013 and the Lord Street, Oldham location started trading 6 months later due to customer demand.

Oldham is located approximately 5 miles from Rochdale and 7 miles from the north east of Manchester. Lees is a village within Oldham which lies amongst the Pennines east of the River Medlock.

E-Smoke trading at 56 High Street operates from this single fronted unit which benefits from nearby on road parking. This outlet is located right in the heart of this sizeable village. Lord Street is located right in Oldham’s Town Centre and is surrounded by offices and shops both independently owned and large high street names. The Oldham outlet is better accessed by foot which suits the business ideally due to its prime location, Lord Street is an incredibly busy area as one would expect. Both outlets are fitted to a high standard with a sales counter and an open plan display area with small individual displays. The main displays are under glass topped units with stock behind the counter. The overall feel to the outlets is one of style and sophistication which adds an additional perceived value to the products on sale. To support the sale area is a stock room at each location.

Staffing is currently shared between both outlets and a total of six staff are on board, three of which have been with the company for some time adding superb continuity for the new owner.

Financially, the business is trading solidly and delivers strong gross profits at 66%, there is a healthy net profit. The business is gaining momentum and is showing a healthy growth in turnover. The business benefits from regular and repeat custom and certainly the Lees branch enjoys plentiful repeat sales. The Lord Street location enjoys an abundance of passing trade due to its location. A new owner could certainly take a more hands on approach to add an extra dimension to the business and push it forward on to the next level.

Early viewings are advised as a speedy completion is anticipated for these two locations trading strongly in this fresh and exciting market place.

Business: £50,000.

Please quote ref: 5353

Property info

What Zoopla users think of Lees

Overall rating:

  • currently 4 stars
Very good - 76% (12 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Lees:

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Community & safety
  • currently stars
  • 1
  • 2
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  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
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  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
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  • 4
  • 5
Schools & public services
  • currently stars
  • 1
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  • 4
  • 5
Transport & travel
  • currently stars
  • 1
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  • 5

Nearby transport

  • Mossley (Manchester) (2.0 miles)
  • Greenfield (2.4 miles)
  • Ashton-under-Lyne (3.3 miles)
  • Manchester International Airport (15.2 miles)
  • Leeds Bradford International Airport (28.3 miles)
  • Liverpool John Lennon Airport (35.0 miles)
  • Liverpool Belfast Ferry Terminal Bootle (39.0 miles)
  • Liverpool Pier Head Ferry Terminal (39.1 miles)
  • Liverpool Isle of Man & Dublin Terminal (39.2 miles)

Nearby schools

View all schools in Oldham
  • St Thomas' Leesfield CofE Primary School (0.1 miles)
  • St Edward's RC School (0.3 miles)
  • Hey-with-Zion Primary School (0.3 miles)
  • Oldham Sixth Form College (1.9 miles)
  • Greater Manchester Sustainable Engineering UTC (2.0 miles)
  • The Oldham College (2.0 miles)
  • Waterhead Academy (0.9 miles)
  • Iqra High School (1.1 miles)
  • Bright Futures School (1.5 miles)
Note: Distances are straight line measurements

Local info for Oldham

About the neighbours in OL4

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

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Disclaimer

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 Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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