Summary - 2 WHITEHILL COTTAGES BOLTON BL1 7DA
2 bed 1 bath Commercial Property
Established convenience store with takeaway, two-bed flat and clear growth potential.
Annual turnover £343,559; gross profit £168,964 (accounts to June 2023)
A long-established convenience and takeaway business trading from a Grade II listed Victorian stone cottage on a busy Bolton road. Annual turnover to June 2023 was £343,559 with gross profit £168,964, supporting a well-known local trade and substantial passing custom. The freehold includes ground-floor shop with servery, large catering kitchen, prep kitchen, and two-storey converted outhouse for storage.
The upper and rear parts provide two-bedroom accommodation, a conservatory and family bathroom — suitable for an owner-operator to live on site. The business is offered due to retirement and benefits from fast broadband, very low local crime and an affluent catchment, with nearby good primary and secondary schools.
There is clear scope to increase revenues: add newspapers and tobacco sales, expand menu choices, develop an online/collection service, and refresh merchandising. The rateable value is modest at £4,900, which may help operating costs.
Important considerations: the property’s Grade II listed status will restrict alterations and could increase maintenance costs; any refurbishment, signage or structural change will need consent. The plot is small and the building’s period nature means renovation work may be specialist and pricier than modern units.
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