Retail premises for sale in Irwin Approach, Leeds LS15

£37,500
Retail premises for sale
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Property description

Business
Hilton Smythe is delighted to welcome to the market Halton News, a well-established and busy Newsagents, which is ideally located within Halton Centre, Leeds.

The business was established in the 1960s and has been in our client's careful ownership for almost 7 years. The business currently operates 7 days per week and generates a turnover in the region of £364,585 per annum. Our client is looking to sell the business to relocate to another country.

The shop currently offers a variety of goods including, greeting cards, confectionery, soft drinks, ice cream, tobacco products, newspapers and magazines current news at cost is around £2,000 per week including around £300 of vouchers. The shop is ideally located on the local school run, generating a lot of local and repeat custom. The business also benefits from lottery sales.

During our client’s ownership they have built up a great rapport with the locals and repeat customers. The shop is very highly rated on google and Facebook with customers stating, ‘Good for parking nice staff’ and ‘Most friendly shop in Halton’ A handover period will be offered at time of sale should the purchaser require.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already thriving business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

Location
The business is located on Irwin Approach, Halton, Leeds. The shop is surrounded by schools, complimentary shops and housing, therefore benefits from a high volume of footfall and passing trade.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property.

The area is also well served by the a-roads within easy driving distance of the business, which links to the motorway network

Premises
Situated within a residentially built up area on a busy road and main bus route, with ample free car parking in the proximity. The shop is well presented, with large eye-catching signage and fitted out to suit the trade.

Shop Floor
Open plan shop with fitted counter, shelving, slat wall panelling, tobacco gantry; smart till and card reader, chiller, drinks fridge, confectionary shelving and card stands.
Storage, office and WC to the rear of the shop.

Tenure
We are advised the premises is leasehold with rent of £7,000 per annum

The business further benefits from being rates exempt

Hours
Mon: 5:30 am – 5:30 pm

Tue: 5:30 am – 6:00 pm

Wed: 5:30 am – 6:00 pm

Thu: 5:30 am – 5:30 pm

Fri: 5:30 am – 5:30 pm

Sat: 5:30 am – 4:00 pm

Sun: 6:00 am – 12:00 pm

Staff
Family run with paper delivery boys

Financial Profile
The 2018 accounts report a turnover in the region of £325,511 per annum. This excludes Lottery Sales.

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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