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Popular Convenience Store In Bradford West Yorkshire

Bradford West Yorkshire
Convenience Store Bradford, West Yorkshire T/O: £360,000 GP: 18.5% 3-bedroom owners' accom Densely populated area Huge scope
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 68740
ADVERT IMPRESSIONS : 9,496 TIME(S)

 
BUSINESS SECTOR: Retail
TRADE TYPE: Convenience Stores
SALE: Agent Sale

LEASEHOLD:

£64,950
 

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BUSINESS DETAILS:

Location
Kelmore Convenience Store is ideally located in the heart of a densely populated residential area on the outskirts of Bradford in West Yorkshire. The business benefits from a parking forecourt to the front and ample on-street parking in the vicinity. The store lies just off the busy A6036 Halifax Road and boasts easy access with the M606 approximately 2 miles away. Bradford city centre lies approximate 4 miles north east, while Halifax is approximately 5 miles away. Bradford is a popular West Yorkshire city that boasts excellent amenities and good road access.

Business History
Preferred Commercial is pleased to offer for sale this popular convenience store, which was established in 1990 and which has been in our client's hands since 2010. The business is only now being placed on the market due to our client's other business interests. The convenience store operates 7 days a week and generates a turnover in the region of £360,000 per annum with a gross profit of 18.5%, derived from the sale of a wide range of convenience lines, alcohol, counter news and PayPoint facilities. Our client has seen a huge increase in turnover since he took over the business. A new owner could increase turnover by offering newspaper deliveries and embarking on a modest marketing campaign. There is also scope to apply for the Lottery. We are advised that planning is in place to build new homes in the area, which could see the population grow by 15,000. The premises benefit from 3-bedroomed owners' accommodation. We feel this represents an ideal opportunity to acquire a community convenience store with scope for future growth. Early viewing must come highly recommended.

Financial Details
T/O: £360,000 approx.
GP: 18.5%

Opening Hours
Mon - Thurs: 6.30am - 9.30pm
Fri - Sat: 6.30am - 10.00pm
Sun: 7.45am - 9.30pm

Accommodation Details
Single storey, purpose built retail premises with semi-detached 2-storey owners' accommodation. Briefly comprising:

Ground Floor
• Main sales and display area fitted to suit trade with retail counter with cash register, Health lottery and PayPoint facilities, confectionery display, slush/Red Bull machine, shelving for crisps and snacks and tobacco gantry to rear, greeting card display racks, 3 x open chiller units, double door Lucozade display chiller, 2 x chest freezers, ATM, alcohol display shelving , newspaper and magazine racks and display shelving for convenience lines.
• Kitchen with a range of fitted wall and base units
• Lounge

First Floor
• 2 x double bedrooms
• Single bedroom
• WC
• Bathroom

External
• Parking forecourt to front
• Large garden to rear

Tenure
Leasehold
Original length: 10 years
Remaining: 9 years
Review: every 3 years
Rent: £8,700 per annum
   
  FOR SALE
   

REFERENCE:

2775 / RightBiz
   
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