Popular Convenience Store in West Yorkshire

Bradford, West Yorkshire
REF: 02990

Asking Price:
£34,000
Annual Turnover:
£416,000
Annual Net Profit:
TBC
Featured
REF: 02990

Overview

Tenure:
Leasehold
Established:
1976
  • Fair leasehold site
  • Open plan layout
  • Huge retail takings
  • Lotto provider
  • High net profit margins

This fantastic convenience store is a profitable opportunity for anybody wishing to purchase a multi-purpose business.

It is a newsagent, off-licence and grocery store rolled into one making it a pillar for the local community.

The store holds a great location within Eccleshill, Bradford.

This business acts as a traditional shop and convenience store selling daily consumables such as food, alcohol and household products at a profit of around 20%. The shop is particularly popular with passing workers stopping by to grab some lunch, as well as local residents visiting the shop to pick up essential items for their homes.

The business is very well presented with an attractive exterior and vibrant signage. Inside, the shop is open plan with a large serving counter on the right. CCTV operates within the business and there are four aisles with a great selection of goods displayed throughout the store. There are some large drinks coolers at the back of the business, as well as a stock room with plenty of storage space. A cigarettes counter is also available at the serving counter.

There is huge potential to grow the business by incorporating a delivery service of parcels through the shop from retailers to customers and vice versa.

The store can be further expanded by introducing new marketing initiatives. The creation of a website and implementation of an ecommerce side to the business would increase the yearly income. More advertising could also be achieved via social media outlets such as Facebook and Twitter, informing potential customers of promotional offers.

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  • Located in Eccleshill
  • based on a busy retail parade
  • High Footfall
  • Great local reputation
  • On-street parking available
Rent
£14,000
Rates
TBC
Lease Term
2024
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
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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