£0 £1000000
£0 £1000000

Local Newsagents With Generous Amount of Repeat Trade

Huddersfield, West Yorkshire

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£180,000 +SAV

Ref: 3091 F

Overview

Hilton Smythe are proud to bring to the market J & G Newsagent and Off Licence. The business has been established and successfully run by our clients since 1980 and the business is very well supported by the local community, only now does the business come to the market as our client look towards a well-earned retirement. The store is deceptively spacious and very well stocked with convenience items, cigarettes, beers and spirts, confectionery, frozen foods and other every day essentials. The business reports a very healthy turnover of circa £220,000 per annum. A new owner may wish to look into applying for a lottery license to further profit. The business also has superb living accommodation above the business with 3 double rooms, ideal for a family or could be let out to generate further income. Leasehold option available £80,000 + SAV. Early viewing of this long established and walk in condition business venture is highly recommended.

Turnover
The business reports an annual turnover of circa £220,000 and has a gross profit at 19%.

The shop is owner run and managed with the assistance of 2 members of staff.

Monday – Sunday: 6:00am - 8:00pmSaturday and Sunday 8.00am – 8.00pm

J & G Newsagent and Off Licence is based in the large market town of Huddersfield, West Yorkshire. The property is located on the corner of the busy high street, just outside the town centre of Huddersfield. With a retail parade across the road with large stores including B&Q and Staples, the area has a constant high footfall. The area is also densely populated with the business seeing much trade from local residents. The nearest bus stop is situated just 50 yards from the business, and the business is located on a busy bus route. The shop is sited on the A62, an arterial commuter road into the town centre.

End terrace premise briefly comprising:- Spacious retail floor space fully fitted suit the trade including ample perimeter shelving, 2 chest freezers, 3 double drink fridges, large counter with till, coffee to go, 2 central isles, magazine and newspaper rack. The premises are protected by cctv roller shutter doors and alarm. To the rear of the shop is a large storage space with chest freezer. The door leads out to the back yard which is large in size and ample car parking for the owner for circa 3 cars. Garage located at the far end of the yard. Owner’s accommodationThere is a small lounge to to rear of the property which is the owner’s accommodation. With separate entrance door. FirstTo the first floor is the owners accommodation incorporating - lounge, kitchen with fitted base and wall units, bathroom fully tiled with WC, sink, bath and shower over and 3 double bedrooms. Good signage, security shutter on door and windows, alarmed and cctv.

Tenure
We are advised that the business is Freehold. There is a Leasehold option available. The price of the Leasehold is £80,000 + SAVLease to be negotiated.

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