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Leasehold Wool Shop for Sale in Halifax

Halifax, West Yorkshire

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£8,250 +SAV

Ref: 1216 F

Leasehold

Overview

Hilton Smythe welcomes to the market Knitters Corner, stockists of all leading types of yarn including Sirdar, King Cole, and Stylecraft.

Originally founded by our client in 1971 this profitable concern continues the town’s historic tradition of the woollen trade. Situated in an ideal trading position in this busy market in the centre of Halifax, the business is reluctantly offered for sale as our client looks towards retirement.

The business benefits from a long established loyal client base and also has the advantage of low overheads, there is the potential to expand the business further possibly by introducing knitted garments for retail or offering knitting classes to the general public. Additionally the business could increase profits by the introduction of sales via e-commerce.

Turnover
The business reports a healthy turnover of just over £72,000 per annum. With reported gross profit of around £30,000.

The business is owner run and managed with the assistance of casual staff.

The market opening hours are as follows:-

Monday to Saturday - 9am - 5pm
Sunday - Closed

The business is located in Halifax in West Yorkshire. Traditionally known as the centre of England’s woollen manufacturing since the 15th century.

The business is located in the award winning Victorian borough market. In a prime trading position in the town centre situated between Southgate, Albion Street and Market Street.

Halifax has excellent public transport links with frequent bus services running from Halifax to the nearby cities of Leeds and Bradford and surrounding areas. The town has its own railway station and is located nearby the A629 which links directly to the M62 and the national motorway network.

The market stall has shelving around the parameter housing stock and display areas. Front serving counter with display storage areas and hatch providing access to the stall.

To the rear is a small storage space, not visible to customers for the purpose of display.

The market is an exquisite Victorian architureal structure providing a bustling friendly shopping experience.

Tenure
We are advised the business is Leasehold.

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