Terraced house for sale in Wigan WN6, 1 Bedroom

Whether one is looking for a residential dwelling, some retail premises or an exciting business proposition, this opportunity has the ability to tick each and every one of those search criteria. This end-terraced property is currently trading as a successful gift shop with residential accommodation above, however a new owner could utilise its retail space for whichever type of business they choose or may wish to convert the property into a residential dwelling, subject to the necessary consents. ‘Bumbles’ is a charming independent gift shop, having become renowned in the area for its quality range of beautiful gift ideas, such as bespoke jewellery, scarves, candles, ornaments and seasonal gifts, amongst others within its treasure trove. The business is well supported by local residents, as well as visitors to the area, being situated on a main arterial route within the vibrant commercial centre of Standish, an affluent and very well regarded village on the outskirts of Wigan and accessible directly from junction 27 of the M6 motorway. The village has expanded dramatically over recent years, with a number of new large residential developments attracting new residents, whilst the busy high street offers an array of local shops and amenities, bars and restaurants, albeit there is very little competition locally for a business of this type. The retail space is beautifully presented, with an eye-catching frontage and branding, good-sized window space and a bright and inviting 25’ sales space with rustic Oak flooring, with the focal point being a gorgeous range-style fireplace. To the rear of the ground floor is a useful 13’ stock room/work space and a WC. To the first floor, one will discover a self-contained flat, suitable as owner’s accommodation or, if not required, affording opportunity for rental, therefore creating further income; comprising of a 13’ living space with kitchenette and a 13’ double bedroom, complete with a two piece en-suite shower room and separate WC. Externally, the property is pavement-fronted, with unrestricted on-street parking, whilst there is an enclosed courtyard to the rear. The business and property have a genuine reason for sale and we would strongly recommend consideration is given to this fabulous acquisition opportunity. The business is offered for sale with an asking price of £40,000sav, with the property available with an asking price of £135,000. Full accounts are available on request.

Financial Profile: Y/E 2016 Y/E 2017 Y/E 2018

T/O: £44,745 £52,521 £58,935
gp: £16,568 £27,046 £28,038
anp: £9,581 £21,205 £11,755