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Highly Profitable Convenience Store In Main Road Location

Bradford, West Yorkshire

  • Asking Price: £55,000 +SAV
  • Turnover: The business generates a turnover in the region of £317,000 per annum.With a gross profit of around 16%Lottery turnover £7,000 per annum.
  • Tenure: Leasehold

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Hilton Smythe is delighted to welcome to the market Whitehall Stores. The business was first established by our client in 1990. Our client has thoroughly enjoyed running the store in the area but is now looking to sell the business due to the desire to move abroad. The business runs as a busy convenience store selling a generous amount of products. Services include a Payzone, cash machine, parcel delivery point and the Lottery. The store stocks most convenience products such as cigarettes, newspapers, magazines, lager, wines, spirits, household goods, fresh food, frozen food, confectionary and much more. This is a well-presented store with fully stocked shelves; the owner has run the store to a high standard. We are advised the current turnover for the business is around £317,000 per annum with a gross profit of around 16%. The business is in a great location and receives a high amount of custom from passing trade. The car park allows customers to easily call in the store. There are several schools and a high amount of residential properties all within close proximity of the store. This allows for a generous amount of trade from repeat loyal custom. This is a fantastic bolt-on opportunity and is in a walk-in trading position. We highly advise early viewing to any purchaser who is interested in this trade.

The business is run and managed by our client with the help of 3 members of staff.

The business is open- Monday - Saturday: 6am – 8:30pmSunday: 7am – 8:30pm

Whitehall Stores is located in Birkenshaw, Bradford, West Yorkshire. The business is situated on a busy main road in the village. There are several schools and a plethora of residential property offering good repeat trade. The business is just a short drive from the centre of Birkenshaw which allows for heavy footfall. This is a great location for a successful convenience store. The A58 on which the business is located connects to the M62 motorway which heads to the centre of Manchester. Leeds City Centre is just 20 minutes away and is an easy commute using the great public transport in the area. There are several bus stops located within a short walk from the business.

The business boasts a substantial sized detached premise. The property has a car park running up to it which is a fantastic size with approximately 7 spaces. The property is complete with the Mace branding. The main retail space has perimeter shelving and fridges. There are also several central isles. The counter is by the entrance. This is a large counter with counter top display shelving for confectionary. Behind is a cigarette gantry and shelving. Equipment includes-ShelvingRacksTillCounterCigarette gantryLottery terminalCash machineFridgesDrinks chillersFreezers To the rear of the shop is a storage area and a wc. Above the store is a flat which is currently occupied, this has access via the side of the property. This is not included in the sale. The premise is secured by shutters and CCTV.

Tenure
We are advised the business is Leasehold. The current owner is the landlord and a new lease is to be negotiated.

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