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Continental And Halal Food Store In Durham City For Sale

Durham City, Durham
  • £25,000

Sales revenue:
£130,000
Cash flow:
Available on request
Contact Seller

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Jonathan Ward at Lakey & Co is delighted to offer for sale this Halal and Continental Food Store with current sales of £2,000-£2,500 per week and benefiting from a great location in Durham City Centre. Low rent (£173 per week) and overheads make this a great opportunity and the business is also the only dedicatedly Halal food store in Durham!

This well established business was started by our client nearly three years ago and is only now being offered for sale due to them wishing to return to Egypt. The business is well fitted for the trade and has been improved and maintained by our clients under the ownership. The store trades as a Halal food and convenience store selling a wide range of fresh Halal meat, frozen and chilled foods and dry groceries. The business sells a wide range of unique products such as spices which are simply not available elsewhere in the area. There are clear opportunities to further expand the business in different directions and the business is still growing as people become aware of its existence – being the only Halal shop in the area. The purchase of this business would provide an excellent opportunity for a business buyer to acquire an easy to run business benefiting from a growing reputation and with clear scope for longer trading hours.



Property:
Leasehold
Leasehold rent:
£9,000 per annum
Location:
This business benefits from a busy location just off North Road in the heart of Durham City Centre. The business benefits from high levels of footfall and is surrounded local and national multiple such as Tesco, Argos and many others. The business is also extremely well placed to take advantage of Durham’s large student population being adjacent to an area with high levels of student accommodation.
Premises details:
The main entrance and shop front give access to a well equipped trading area with serve over counter and various display fridges in addition to this there is ample display shelving and racking for dry goods.


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