Convenience Store with meat counter

Bradford, West Yorkshire
REF: 01215

Asking Price:
£18,000
Annual Turnover:
£156,000
Annual Net Profit:
£15,000
Reduced
Recently Sold
REF: 01215
Photo of Convenience Store with meat counter
Photo of Convenience Store with meat counter
Photo of Convenience Store with meat counter
Photo of Convenience Store with meat counter

Overview

Tenure:
Leasehold
Established:
1988
  • EST: 20+ Years
  • WT: £3500
  • Regular Clientele
  • Meeting and Viewing essential

A strong opportunity to purchase a business that is relied on by a large amount of local residents – the business has been trading successfully in the same position for decades and offers scope for development.

The business trades from a good sized lock up unit that occupies the ground floor of a Victorian town house.

The business is entered through a single doorway within the corner of the building.

The entrance way leads directly into an open plan sales floor with an abundance of stock displayed internally and externally. The sales counter is on the right hand side and is of a good size for operation.

There is a central aisle running along the shop floor that separates three shelves that display a wide range of produce.

Intelligent Business Transfer are pleased to bring this traditional and well maintained convenience store to the market for the first time it its current position.

The business holds a very strong position in the centre of an extremely densely populated region of the city of Bradford. The area has a large range of independent retailer who are complimenting to each other in order to serve the regular and repeat clientele who rely on this store for their daily purchases.

The business currently trades in the hands of an owner operator who runs the business as a family operation. The current owners took the business over two years ago, with the shop itself having been trading successfully for over 30 years.

The business is in a strong and stable position and caters fully for the Asian market, the business offers an extensive range of basic products through to well known branded produce and drinks. A lucrative addition to this is the separated butchered Halal meats counter that fills a gap in the market.

The business has sustained strong revenue figures over the past few years and currently displays average weekly taking of just over £3500. There is further potential to grow these with longer opening house and extended product lines.

The current owners are looking to sell due to health issues that are affecting the management of the business.

Viewing advised.

Location

Property

Annual Rent
£7,200
Annual Rates
TBC
Lease Term (Years)
5
Lease Expiry (Years)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

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

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