Skip to main content Skip to footer

Retail premises for sale

£35,000

281-283 Lever Street, Bolton BL3

Interested in this property? Call +44 1204 351867 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Business
Hilton Smythe welcomes to the market Cost Saver. This business was originally established in 1990 and was taken over by our clients in 2004. The owners are now looking to sell the store due to the desire to take a well-deserved retirement.

The store offers a generous amount of stock such as animal food, confectionery, alcohol, magazines, newspapers, cigarettes, toiletries and much more. They further offer services such as the Lottery, Payzone, and scratch cards. The vendor also has a good return of business for the My Hermes collection service.

This is an excellent business that generates a great turnover of £615,000 as per 2015 accounts, with a gross profit of 18%. This is a very popular store within its location. Our clients see a generous amount of repeat loyal trade, from the locals who live in the area. This main road location also allows for a huge amount of custom from passing trade.

This is the go to convenience store in the area, as there is little competition close by. The store stocks an excellent amount of products in its large double fronted premise, allowing for maximum trade.

The new owner should look into expanding opening hours, in order to take advantage of the heavy trade. Rush hour and dinner times are currently the main focus of this store, however, evening could also see a high amount of trade due to the other businesses on this parade.

This is a fantastic opportunity that is not to be missed. Hilton Smythe highly advise early viewing to take in the full potential of the trade.

Location
Cost Saver is located in Great Lever, Bolton, Greater Manchester.

This is a large ground floor premise that is situated within walking distance from the town centre of Bolton. The business is ideally located within a large residential community, set on a parade of shops, with excellent car parking to the front, side and rear. This is an ideal location for a busy convenience business. There are also local schools and parks close by, great for business in the summer months.

This area receives a generous amount of trade due to its great location. There are some great road connections in the area such as the A666 and the A579. The A666 runs from Blackburn and connects to the M61 near Manchester.
Premises
This is a double fronted corner position property, which is well-signed with the Cost Saver branding.

Door leading to open plan shop, with counter to the left.

Large array of shelving to the central isles and to the walls.

There is CCTV and expos system and roller shutter doors.

Large counter serving sweets chocolates and crisps. To the rear of the counter is the cigarette kiosk and shelving for wines and spirits. The till comes with a card machine and expos system.

There is also a cash machine and Payzone point.

Magazine and newspaper racks well stocked - no deliveries.

Central isles with food groceries and toiletries, animal foods and accessories, cakes bread baps and biscuits, tinned foods.

Large chillers to the side and rear of the shop, with wines, beers and cans of alcohol drinks. There is also a large chiller, well stocked with a variety of soft drinks

Ice cream and ice lolly freezer

To the rear is a store room and door leading to WC with hand wash sink.
Tenure
We are advised the business is being sold as a Leasehold opportunity.

Original lease length: 21 years

Remaining lease length: 11 years as of 2016.

Rent: £13,000 per annum
hours
The business opening hours-

Monday - Saturday: 6:30am – 8pm

Sunday: 7am – 1pm
staff
The business is run and managed by our clients, with the help of three members of staff.
Financial profile
The business generates a turnover in the region of £615,000 as per 2015 accounts.

Gross profit 18%

What Zoopla users think of Bolton

Overall rating:

  • currently 3.5 stars
Good - 71% (295 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 Bolton:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

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

Nearby transport

  • Bolton (0.6 miles)
  • Moses Gate (1.5 miles)
  • Farnworth (2.1 miles)
  • Manchester International Airport (16.1 miles)
  • Liverpool John Lennon Airport (23.6 miles)
  • Blackpool International Airport (28.3 miles)
  • Liverpool Belfast Ferry Terminal Bootle (25.1 miles)
  • Liverpool Pier Head Ferry Terminal (25.8 miles)
  • Liverpool Isle of Man & Dublin Terminal (25.8 miles)

Nearby schools

View all schools in Bolton
  • Bishop Bridgeman CofE Primary School (0.1 miles)
  • Clarendon Primary School (0.1 miles)
  • St Peter and St Paul RC Primary School (0.3 miles)
  • The Young Mums Unit (0.3 miles)
  • Bolton College (0.6 miles)
  • Bolton UTC (0.6 miles)
  • Bolton Islamic Girls School (0.3 miles)
  • Bolton Muslim Girls School (0.4 miles)
  • Raise Education and Wellbeing School (0.7 miles)
Note: Distances are straight line measurements

Local info for Bolton

AskMe Q&A for Bolton

Ask a question

See all AskMe Q&A in Bolton

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

Contact Hilton Smythe Commercial about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy.

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.

Properties on the market nearby

13 more properties like this

View all Lever Shopping commercial property for sale