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Retail premises for sale

£22,500

365 Rochdale Road, Bacup OL13

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Property description

Business

Hilton Smythe is delighted to welcome to the market this busy convenience store/sandwich shop business, which is ideally located within Bacup, Lancashire.

The business was established by our client in 2011 and is only now, reluctantly, being offered to the market, due to our client’s other business interests. The business operates 7 days per week and generates a turnover in the region of £50,000 per annum, with a gross profit of approximately 46%, as per the 2016 accounts.

Our client offers a variety of goods including general grocery items, confectionery, snacks, frozen goods, soft drinks, alcohol and tobacco products, to name a few. To the rear of the convenience store is the takeaway side of the business, which offers full English breakfasts, which has proved to be very popular in the area, as well as hot and cold sandwiches. The property boasts 60 sq. Metres of floor space, is very well maintained, decorated to a high standard and fitted out to suit the trade.

The business has built up an excellent 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 recommendations.

We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the goods and service offered. The business would further benefit from utilising social media, such as Facebook and Twitter, as this is an excellent and free way to advertise.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early discussions with Hilton Smythe must come highly recommended to avoid disappointment.

Location

Gran Ma Joans occupies substantial ground floor premises, ideally located on the very busy Rochdale Road within Bacup in Lancashire. The property is set within a small parade of complimentary shops and businesses, therefore benefiting from a high volume of footfall and repeat trade, as well as on street parking facilities to the front of the shop. The business is surrounded by densely populated residential areas, from which the business derives much trade.

Bacup is a town in Lancashire, within the Forest of Rossendale and the upper Irwell Valley. According to the 2011 census, the town had a residential population of 13,323. Bacup’s historic character, culture and festivities have encouraged the town’s suburbanisation and redevelopment as a more cosmopolitan commuter town for Manchester and the other North West towns and cities.

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 nearest railway station is Walsden, which is approximately 6½ miles away. The area also boasts excellent road connections, with the A681, A671 and A6066 all being within easy driving distance, which link to the national a-road and motorway networks. Rochdale is approximately 7½ miles away and Burnley is 8½ miles away.

Premises

Substantial ground floor premises, in an ideal trading location, briefly comprising:

Main shop with:

Wooden shelving to perimeter walls.

Central free standing wooden shelving.

Double door drinks chiller unit.

2 x single door upright freezer units.

Single door drink chiller unit, Pepsi branded.

Confectionery display.

Serve over counter.

Electronic cash register.

Tobacco gantry.

Table and four chairs.

Serve over chiller display unit.

Menu boards.

Rear kitchen with:

Stainless steel preparation tables.

6 x burner cooker

Extraction unit.

Microwave oven.

Stainless steel sink unit.

Tenure

We are advised Leasehold:

Original lease length: 10 years

Remaining lease length: 4 years, as of 2017

Rent: £600 per calendar month

hours

The business is open:

Monday – Friday: 8.00am – 8.00pm

Saturday: 9.00am – 8.00pm

Sunday: 10.00am – 8.00pm

staff

The business is owner run and managed.

Financial profile

The business generates a turnover in the region of £50,000 per annum, with a gross profit of approximately 46%, as per the 2016 accounts.

What Zoopla users think of Britannia

Overall rating:

  • currently 3 stars
Good - 60%

Ratings breakdown:

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Nearby transport

  • Walsden (3.2 miles)
  • Todmorden (3.7 miles)
  • Littleborough (4.9 miles)
  • Manchester International Airport (23.6 miles)
  • Leeds Bradford International Airport (24.5 miles)
  • Blackpool International Airport (35.1 miles)
  • Knott End-On-Sea Ferry Landing (37.1 miles)
  • Fleetwood for Knott End Ferry Landing (37.4 miles)
  • Liverpool Belfast Ferry Terminal Bootle (38.0 miles)

Nearby schools

View all schools in Rossendale
  • Britannia Community Primary School (0.1 miles)
  • Bacup St Saviour's Community Primary School (0.7 miles)
  • St Mary's Roman Catholic Primary School, Bacup (0.8 miles)
  • Rochdale Sixth Form College (5.2 miles)
  • Pennine House School (7.0 miles)
  • UTC Lancashire (7.5 miles)
  • Broadclough Lodge (1.6 miles)
  • Whitworth Community High School (2.3 miles)
  • Fearns Community Sports College (2.4 miles)
Note: Distances are straight line measurements

Local info for Rossendale

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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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