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Convenience store off licence for sale in busy corner location in Wakefield West Yorkshire

Wakefield, West Yorkshire
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Convenient store off licence in a busy corner in Wakefield Photo 1
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Convenient store off licence in a busy corner in WakefieldConvenient store off licence in a busy corner in WakefieldConvenient store off licence in a busy corner in WakefieldConvenient store off licence in a busy corner in WakefieldConvenient store off licence in a busy corner in WakefieldConvenient store off licence in a busy corner in WakefieldConvenient store off licence in a busy corner in WakefieldConvenient store off licence in a busy corner in WakefieldConvenient store off licence in a busy corner in Wakefield
  • Status

    WITHDRAWN

  • Advert ID

    643900

  • Leasehold: £95,000
  • Rent: £10,200 (£850 per month)
  • Turnover: £370,000 (£7,115 per week)
  • Profit: Not Applicable

Key Features

  • Friendly efficient customer service
  • Fully stocked retail store
  • Good display and layout
  • Ground floor retail space

Business Details

Convenient store off licence in a busy corner in Wakefield

Established in 2018, £850rent  this convenience store mix selling Polish food and alcohol retailer to a vibrant hub offering a diverse array of products. With the changes, the store now caters to a broader customer base, making it an exciting opportunity for new ownership. The location is ideally positioned in a bustling area, opposite Tesco Express and surrounded by various amenities including a pharmacy, barbershop, restaurant, and butcher, all contributing to its nickname, “Busy Corner.”

The store is well-stocked with an extensive selection of groceries, beverages, snacks, and personal care items, making it a go-to destination for locals. Open daily from 7 AM to 11 PM, it welcomes a wide range of customers. Its attractive storefront, complemented by modern design and vibrant signage, promotes fresh produce and specialty items, while its clean and organised layout ensures an enjoyable shopping experience.

Location Benefits

This strategic location in a high-traffic neighbourhood guarantees excellent visibility and footfall. The busy street, notably opposite Tesco Express, enhances the store's appeal, drawing customers from the surrounding area. On average, the store experiences significant foot traffic, aided by nearby attractions such as the pharmacy, restaurant, and butcher, which help to create a lively shopping environment.

Business Details

This leasehold opportunity is listed at an asking price upon request, with a current turnover of £370000 annually. The rent for the premises matches this turnover, underscoring the store's profitable nature. All stock is included in the sale, providing new owners with a fully operational retail space from day one.

The store is managed by a dedicated team of three employees who consistently provide friendly and efficient customer service, enhancing the overall shopping experience. The retail space is well-designed, with high-quality displays that showcase the product range effectively. Additionally, the store benefits from high annual turnover and the allure of the area, which draws in tourists, further increasing sales potential.

Transition Opportunities

The current owner, having run the business for three years, is open to providing training opportunities for prospective buyers, ensuring a smooth transition and continued success. With no current online presence, there is significant potential for growth through digital marketing strategies, expanding the store's reach even further.

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WITHDRAWN FROM THE MARKET

This listing has been withdrawn by the seller or their agent. Please check back soon for any future updates.

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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