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Retail premises for sale

£47,700

322 Middleton Road, Oldham OL2

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Property description

Business

Hilton Smythe is delighted to welcome to the market Royton Korner shop, a well-established and busy convenience store, which is ideally located on Middleton Road, Oldham.

The business was established over 15 years ago and has been in our client's careful ownership for 1 year. Our client fully refurbished the shop when he took over and the sales have dramatically increased since.

The business currently operates 7 days per week and generates a turnover in the region of £208,000 per annum. With plenty of scope to increase, such as obtaining a liquor license, a lot of customers have also asked about newspaper deliveries which the shop currently does not offer.

The shop has Paypoint installed and there is an opportunity to also introduce Lottery sales. Our client also has Connect Plus (click and collect parcel pick up and a cash machine that generates a commission based income.

The shop currently offers a variety of goods including, greeting cards, confectionery, soft drinks, ice cream and tobacco products. The main sellers are soft drinks and tobacco products, the shop is ideally located on the local school run, generating a lot of local custom. Well-presented retail area, fitted out to suit the trade.

The rent is currently £3,000pa and the current owner has an option to obtain a lease next door, therefore if the buyer wanted to extend further and utilise the space there is an option to do so.

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 viewing must come highly recommended to avoid disappointment.

The current owner is offering a hand over period to ensure continued success of the business.

Location

The business is located on Middleton Road, in Oldham, surrounded by schools, parks and housing, so benefits from a high volume of footfall and passing trade.

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 area is also well served by the a-roads, with the A627 being within easy driving distance of the business, which links to the M62 motorway network.

Premises

Double fronted unit with good signage circa 43sqm.

Situated in a residentially built up area on a busy road and main bus route, with ample street parking.

Shop Floor:

Serving counter, shelving, slat wall paneling, tobacco gantry; epos system and card reader, slat wall paneling, tv screen, large open chiller, ice cream freezer, CocaCola fridge, Redbull fridge, large centre display unit, confectionery shelving and card stands.

Large storage room

Large space with refrigerator and shelving, toilet room at the back and entrance to the rear yard

The shop has an alarm system and metal roller shutter for security.

Tenure

We are advised the premises is leasehold with rent of £3,000 pa, with 1 remaining on the current lease in 2017.

Hours

The business opens:-

07.00 – 7.00 Monday – Saturday

07.00 – 2.00 Sunday

staff

Owner ran with 1 part time staff member.

Financial profile

The business reports turnover in the region of £208,000 per annum.

What Zoopla users think of Royton

Overall rating:

  • currently 4 stars
Very good - 79% (43 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 Royton:

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Community & safety
  • currently stars
  • 1
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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
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
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  • 4
  • 5
Transport & travel
  • currently stars
  • 1
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  • 4
  • 5

Nearby transport

  • Mills Hill (Manchester) (1.7 miles)
  • Castleton (Manchester) (2.7 miles)
  • Moston (3.1 miles)
  • Manchester International Airport (15.5 miles)
  • Leeds Bradford International Airport (28.6 miles)
  • Liverpool John Lennon Airport (33.4 miles)
  • Liverpool Belfast Ferry Terminal Bootle (36.7 miles)
  • Liverpool Pier Head Ferry Terminal (37.0 miles)
  • Liverpool Isle of Man & Dublin Terminal (37.1 miles)

Nearby schools

View all schools in Oldham
  • St Paul's CofE Primary School (0.2 miles)
  • Thorp Primary School (0.5 miles)
  • Ss Aidan and Oswald's Roman Catholic Primary School (0.6 miles)
  • The Oldham College (1.5 miles)
  • Greater Manchester Sustainable Engineering UTC (1.6 miles)
  • Oldham Sixth Form College (1.8 miles)
  • The Oldham Academy North (0.5 miles)
  • Elland House School (0.5 miles)
  • North Chadderton School (0.8 miles)
Note: Distances are straight line measurements

Local info for Oldham

About the neighbours in OL2

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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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