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Freehold News & Convenience Store For Sale Halifax

Halifax, West Yorkshire
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Freehold News & Convenience Store For Sale Halifax Freehold News & Convenience Store For Sale HalifaxFreehold News & Convenience Store For Sale HalifaxFreehold News & Convenience Store For Sale Halifax
  • Freehold: £399,950
  • Turnover: £754,999 £14,519 Per week
  • Net Profit: On request

Business Details

Sovereign are pleased to bring to the market a freehold commercial property in conjunction with a newsagent, this high turnover and profitable store with spacious five bedroomed family  living accommodation, located in Halifax is managed and run by the present owners for 27 years.  

This convenience store has a regular customer base and well known amongst the local community situated in a desirable trading location capitalising on day and night custom.  Our client has ensured the business has an excellent reputation.  The business offers a wide range of beers, wines, spirits, cider, confectionary, food (chilled and frozen) and other sundries.

The retail area is a substantial 1,000 square foot space selling sort after newsagent stock, magazines and papers.  Alcohol lotto scratch cards and pay zone form part of the business contributing to a good weekly turnover of circa £14,500 with an estimated gross profit of 18%, Pay zone £3,000 lotto £1,500 and news sheet £2,000 making this a lucrative business.  There is a cellar for storage and the shelves are well stocked and laid out to enhance the outlet.  Also the newsagent benefits from being a Hermes outlet securing £3,000 per year in agency commission.  

 In summary, this well placed business shows impressive takings on a consistent basis and has shown continuous growth throughout the pandemic.  There is plenty of scope to develop the business further with the implementation of an ecommerce website with ordering capabilities and expansion of other existing offerings.  This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations.  Early viewings are strongly advised.

Business ID: 2848
Average Weekly Retail Sales £14,500, Lotto £1,500, Pay zone £3,000
Spacious 5 Bed Family Living Accommodation
Vast Scope To Introduce An Online Sales Platform
Prime Sought After Location
Excellent Footfall
Genuine Retirement Sale

Sovereign are pleased to bring to the market a freehold commercial property in conjunction with a newsagent, this high turnover and profitable store with spacious five bedroomed family  living accommodation, located in Halifax is managed and run by the present owners for 27 years.  

This convenience store has a regular customer base and well known amongst the local community situated in a desirable trading location capitalising on day and night custom.  Our client has ensured the business has an excellent reputation.  The business offers a wide range of beers, wines, spirits, cider, confectionary, food (chilled and frozen) and other sundries.

The retail area is a substantial 1,000 square foot space selling sort after newsagent stock, magazines and papers.  Alcohol lotto scratch cards and pay zone form part of the business contributing to a good weekly turnover of circa £14,500 with an estimated gross profit of 18%, Pay zone £3,000 lotto £1,500 and news sheet £2,000 making this a lucrative business.  There is a cellar for storage and the shelves are well stocked and laid out to enhance the outlet.  Also the newsagent benefits from being a Hermes outlet securing £3,000 per year in agency commission.  

 In summary, this well placed business shows impressive takings on a consistent basis and has shown continuous growth throughout the pandemic.  There is plenty of scope to develop the business further with the implementation of an ecommerce website with ordering capabilities and expansion of other existing offerings.  This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations.  Early viewings are strongly advised.

Business ID: 2848
Average Weekly Retail Sales £14,500, Lotto £1,500, Pay zone £3,000
Spacious 5 Bed Family Living Accommodation
Vast Scope To Introduce An Online Sales Platform
Prime Sought After Location
Excellent Footfall
Genuine Retirement Sale

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Key Features

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Contact seller

Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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