Ref 5890 – Leasehold Off Licence Blacks Brokers are proud to bring to the market this leasehold off licence located in a busy and densely populated area of Stockport, Greater Manchester. Introduction
Your Local has been trading on Marple Road since 2012 when our client set the business up. During that five-year trading history, it has firmly established itself within the local community, gaining a large, repeat customer base and a great reputation. The business offers a selection of beverages and snacks at competitive prices. Location
Your Local is positioned in a main road location, this road links Marple with Stockport and is exceptionally busy. This area of Stockport is a densely populated residential area and parking available directly outside the business and on roadsides close by. Reason for sale
Your Local is only being offered for sale due to our client’s family commitments. Lease
The building is available on a competitive rent on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial property lease. The new lease will be fully negotiated with the business sale and will run at a proposed cost of £150 per week. Building layout and design
Your Local is housed within an end-terraced property which is very well presented with good branding and signage displayed. Inside, the main retail area is nicely presented with wooden flooring throughout and neutral décor. Goods are displayed on wall shelving, central gondolas and in display fridges where required. The counter is positioned to the rear of the space. To the rear of the shop is a second level and retail area which is a unique cold room with a blast chiller. All areas are presented to a high standard with good attention to detail. Staff
Your Local is currently operating with only our client in employment. Financial details
Financial details are available upon a viewing of the business and Your Local has traded solidly over its trading history. The business generates an annual turnover of £182,000 with gross profits of £36,400 and zero rates payable. Summary
This leasehold business delivers consistent takings with good gross profits year on year. There is plenty of scope to develop the business further with an extension of opening hours and days to meet the demand in the area. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations, it may also be of interest to a similar business looking for expansion into this area. Early viewings are strongly advised and are welcomed by appointment only. Business: £12,500.
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