Newsagents & Local Store in Bradford For Sale

Business description

A recently developed newsagency and local store with incredible potential to at least double the turnover
This is a rare oppportunity to aquire a well positioned business with potential to introduce a newsround (currently only counter news) lottery and payzone, as well as numerous other opportunities to develop further

Property information

Property:

Leasehold

Location:

Located on Bolton Road, Bradford, the store is situated on one of the cities busiest main roads to the North side of the city centre.
The main entrance has an imposing corner fronted position onto both Bolton road and a side street.
Bradford is a thriving city in West Yorkshire, with good access to motorways such as the M62, M606 and the M1. The city has recently spent millions of pounds on refurbishing the city centre, as well as spending masses on assisting local businesses to thrive.
Bradford is a large city with a population just short of half a million, it is accepted that small, local businesses really do outperform many other areas here.

Other information

Expansion potential:

This is fast becoming an established and reputable business that has masses of potential to develop further.
Having been established for nearly a year and with the current turnover showing a healthy increase, it is proving to be a very successful enterprise. There is little competition locally, and it is fast becoming a truly “local” store.
The store is fully licensed with a busy off license area, as well as selling newspapers, tobacco, sweets, toiletries and general grocery and foods.
As well as large numbers of passing trade, the business has a regular and steady income for its loyal local following. Many of whom travel from outside the immediate area. There is free parking available opposite the shop alongside the busy parade.
The business has shown a very strong turnover up to date of approximately £3500 per week, with more to come.
It is fully equipped with CCTV, full alarm system and EPOS, as well as being fitted to a high standard with new signage inside and out.
The current owner does not maximise the opening times of the shop, and there is certainly room to increase the opening hours.
There is massive potential with this business, with scope to introduce lottery, pay zone, phone cards and extend the stock range. This would be alongside offering a much needed paper delivery service.

This really is a great business opportunity to purchase a business with increasing trade and huge potential to develop futher and increase turnover with ease.

Reasons for selling:

Genuine Ill Health

Trading hours:

8-10pm

Financing available:

Intelligent Business Transfer can assist with finance to all our buyers.

Furniture / Fixtures value:

£25,000 (included in the asking price)

Inventory / Stock value:

£7,000

Related documents:

• 
• Document

• 
• Document