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Nisa Lofthouse

Leeds, West Yorkshire
REF: 0817

Asking Price:
£159,950
Annual Turnover:
£75,500
Annual Net Profit:
TBC
Recently Sold
REF: 0817
Photo of Nisa Lofthouse
Photo of Nisa Lofthouse
Photo of Nisa Lofthouse
Photo of Nisa Lofthouse

Overview

Tenure:
Leasehold
Established:
2011
  • Huge growth potential
  • Wide Variety of Products & Services
  • Excellent Reputation
  • Equipment Included

This is a stunningly refurbished convenience store with high takings and huge potential for further growth.

This well positioned retail outlet is accessible via a single fronted automatic door which leads into an entrance/vestibule.

Upon entering the shop, the retail floor is split into an almost “L” shaped sales floor.

To the immediate left of the entrance is a customer WC with a cash machine against the wall.

Directly in front of the entrance to the left hand side is a superbly positioned two point sales counter which overlooks all angles of the shop.

Beyond this is a two aisle, open plan sales floor to the rear of the store. To the immediate right of the entrance is a further sales area with two aisles in a corner position.

To the side of this area is a further two store rooms.

The business offers internal access to a cafe situated upstairs which offers tremendous levels of increased footfall.

Intelligent Business Transfer are pleased to offer to the market a modern and stylish convenience store which currently runs under the popular and forward thinking “Nisa” brand.

The business is a modern convenience store selling a variety of products from alcohol, toiletries, confectionary and groceries.

The business has been incredibly well fitted to the highest of standards with a full refurbishment. This includes an array of fixtures and fittings, new fridges, CCTV, EPOS and full alarm system.

The business currently trades Monday to Friday 6.30am-9pm, Saturdays 7-9pm and Sunday 8-8pm.

The current owner started the business from scratch in 2011 and has successfully ran the business for over a year. The business has full EPOS reports and VAT returns to substantiate the weekly takings.

The business is growing week by week and there is genuine optimism that in time the business can increase takings closer to £25,000 per week.

The businesses Freehold is owned by the current business owner, and he is prepared to offer a generous new lease to any purchaser up to 20 years.

The owner runs the business alongside four part time members of staff.

The business currently runs under the Nisa brand, and we would advise continuation under this guise.

The business has been well priced for an efficient sale, and offers genuine room for future growth.

There is a cafe upstairs from the business which offers tremendous footfall for the shop and is on a separate lease. The shop is also trading in an almost monopoly position with little competition locally.

The ideal suitor for the business would be a couple or partnership who can minimise running costs and maximise profits from the business.

We recommend an early viewing.

Location

Property

Annual Rent
£18,000
Annual Rates
£2,000
Lease Term (Years)
20
Lease Expiry (Year)
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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