Superb Off Licence Store

Leeds, West Yorkshire
REF: 0858

Asking Price:
£59,950
Annual Turnover:
£355,000
Annual Net Profit:
TBC
Reduced
Recently Sold
REF: 0858
Photo of Superb Off Licence Store

Overview

Tenure:
Leasehold
Established:
1960
  • Well Equipped Business
  • Huge growth potential

This is a great example of a well ran and tremendously well established business which offers superb scope for growth.

The lock up unit is entered through a single doorway to the left hand side of a smartly presented shop front. This leads into a single story rectangular sales floor with the sales counter to rear of the floor.

The stock within the business makes excellent use of space and is practically laid out. The walls within the trading unit are well used for stock, as well as a central island which is used for promotion and stocks a range of goods.

The sales counter itself is utilised for stock displays, as well as this there is the tobacco to the rear of this. The business has recently undergone a refit both internally and externally and is now of a very high standard.

To the rear of this, there is a good sized space for storage, as well as an office area.

Overall, the premises are hugely secure and are in need of no work whatsoever.

Intelligent Business Transfer are delighted to offer to the market this superb opportunity to purchase a well positioned off licence within the popular town Garforth, West Yorkshire.

The business is very well established and due to its prominent location, and benefits from a huge footfall from the surrounding residential dwellings who rely on the business for their daily purchases.

The business has been established in its current state for over 50 years and in this time has become well known within its area trading with ‘Best-One’ branding. Inside the business is immaculate and has recently undergone modernisation and I refit by Best One.

The business currently opens 7 days a week 12:00noon till 22:00 pm which generates a turnover of approximately £350,000 per year with a gross profit of 20%. The business mainly focuses upon the sale of alcohol however, has scope to develop its convenience and food sales.

The business has only changed hands once since inception; this goes to shop the solidarity of the opportunity and the strength of the business itself.

The current owner has had the business for 23 years and is looking to sell in order to focus on other ambitions. Currently the business is in a healthy state and still offers excellent potential for growth.

Location

Property

Annual Rent
£4,325
Annual Rates
TBC
Lease Term (Years)
TBC
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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