Busy Convenience Store in Leeds

Horsforth, Leeds
REF: R07512

Asking Price:
£45,000
Annual Turnover:
£153,352
Annual Net Profit:
£23,600
REF: R07512

Overview

Tenure:
Leasehold
Established:
2018
  • Regular customers
  • High annual turnover
  • Wide range of products
  • Ideal location
  • Team of reliable staff

This store has fast become a pillar of the local community of Horsforth since opening its doors in 2018, retailing a wide range of essential everyday products including groceries, confectionery, alcohol, toiletries and greetings cards.

 

With regular customers of all ages visiting the shop on a daily basis, the store has built up a reliable client base and a fantastic reputation in the area, recognised for its friendly service and competitively priced goods. Now for sale due to the owner’s other business interests, a new proprietor is required to continue running the store at profitable levels.

With bold external signage, the store attracts passing trade inside and is easily accessed on foot by locals in the vicinity. Customers enter through the double fronted property, greeted by the main counter and till to the right with alcohol displayed on shelving behind. Next to this is a card stand and fridge and large chiller containing craft beers and other alcohol. Three sets of double shelving stand centrally, displaying dry products. Towards the back are staff toilets and a small stock room and another full-length chiller for juice and milk.

All equipment, along with the store’s Facebook page, comes with the sale price, including CCTV with 3 cameras and a fully operational till system.

A perfect acquisition for a couple or family, or an established store owner wanting to add to their portfolio of stores, plenty of opportunity for development is presented to a new owner.

Opening longer hours would accommodate late night trade from current customers and adding services such as Pay Point, parcel collection, lottery and a cash machine would also help to exploit the current customer base.

The existing owner would be happy to stay on for a transitional period to be discussed upon sale.

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  • Affluent area
  • Residential estate
  • Walking distance for residents
  • Complemented by local businesses
  • No competition
Rent
£8,400
Rates
£5,000
Lease Term
TBC
Lease Expiry
Vendors own the freehold - would charge about £700 per month. (negotiable)
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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