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Retail premises for sale

£29,950

39 - 41 Market Hall, Oldham OL1

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Property description

Business
Hilton Smythe is delighted to welcome to the market this well-established and popular health food business, situated within the indoor Tommyfield Market in Oldham, Greater Manchester. The business was originally founded 35 years ago and has been in our clients careful ownership since 2006. Only now is the business being offered to the market due to our clients other business interests. Heres Health Food Stores generated a very healthy turnover in the region of £101,000 as of the 2016 accounts, with a gross profit of approximately 37%.

Our client offers a wide range of health foods and supplements including Pharma Nord products, which are halal certified. The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth referrals. The three stalls are spacious with racking and shelving to suit the trade.

We feel the turnover could be increased by extending the range of goods available. The business would also benefit from the launch of a website to promote the health food and supplements available and perhaps offering online ordering facilities. This is an excellent opportunity for a new owner to take this already thriving business to the next level; therefore early viewing must come highly recommended to avoid disappointment.

Location
Heres Health Food Stores Ltd occupies three adjoining stalls within the indoor Oldham (Tommyfield) Market in Greater Manchester. The business is surrounded by a plethora of complimentary small businesses and market stalls; therefore benefitting from a vast amount of footfall. Tommyfield Market is located within the heart of Oldham and houses over 115 businesses, making it a very popular place within the town for shopping. The opening hours of the market are Monday to Saturday 9.00am to 5.15pm. Oldham is a large town in Greater Manchester and as of the 2001 census it had a residential population of 103,544.

The area of the business is well-served by the public transport system, with several bus stops within easy walking distance. Oldham also benefits from the Metrolink tram system, with links to Manchester and Rochdale. The area is also well-served by the a-roads, with the A627 being within easy driving distance of the business. Oldham lies 5½ miles south-southeast of Rochdale and 7 miles northeast of the city of Manchester.
Premises
Three adjoining stalls in a very popular indoor market, briefly comprising:

Serve over counter with electronic cash register and fax machine.

Product display units.

Racking and shelving to suit trade.

Two large display windows.

Hand wash basin.

The business is well signed and positioned.
Tenure
We are advised Leasehold:

Rolling lease.

Rent: £1,040 per calendar month.
Hours
The business is open:

Monday - Saturday: 9.00am - 5.15pm

Sunday - Occasionally, such as Christmas
staff
The business is owner run and managed.

Financial profile
The business generated a very healthy turnover in the region of £101,000 as of the 2016 accounts, with a gross profit of approximately 37%.

What Zoopla users think of Oldham

Overall rating:

  • currently 3 stars
Good - 65% (129 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
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  • currently stars
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Community & safety
  • currently stars
  • 1
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  • 5
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  • 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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  • 3
  • 4
  • 5
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  • 1
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  • 5
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  • currently stars
  • 1
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  • 5

Nearby transport

  • Mills Hill (Manchester) (2.4 miles)
  • Moston (2.8 miles)
  • Mossley (Manchester) (3.5 miles)
  • Manchester International Airport (14.7 miles)
  • Leeds Bradford International Airport (29.1 miles)
  • Liverpool John Lennon Airport (33.6 miles)
  • Liverpool Belfast Ferry Terminal Bootle (37.4 miles)
  • Liverpool Pier Head Ferry Terminal (37.5 miles)
  • Liverpool Isle of Man & Dublin Terminal (37.6 miles)

Nearby schools

View all schools in Oldham
  • Holy Cross CofE Primary School (0.3 miles)
  • Northmoor Academy (0.3 miles)
  • Richmond Academy (0.5 miles)
  • Greater Manchester Sustainable Engineering UTC (0.2 miles)
  • The Oldham College (0.2 miles)
  • Oldham Sixth Form College (0.3 miles)
  • Hollinwood Academy (0.2 miles)
  • The Blue Coat CofE School (0.3 miles)
  • Westwood High (0.6 miles)
Note: Distances are straight line measurements

Local info for Oldham

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (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 Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial 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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