Convenience Stores for sale in Keighley

View the "Newsagents with Accommodation - Keighley, W Yorks" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Daltons offered a simple, low-cost and effective way to advertise our business for sale to a wide audience.  

David Binder (Nov 2017)
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Freehold Price: £295,000 Annual Turnover: £260,000 Gross Profit: £52,000 Annual Net Profit: £30,000
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Business Description
6 Bedroom Accommodation
Annual Turnover £260,000
Gross Profit £52,000
Free Parking to the Rear
Retirement Sale
EPC - D
REF 6125 – Freehold Newsagents with Accommodation

Blacks Brokers are proud to bring to the market this freehold newsagents business with accommodation located in a busy and densely populated area of Keighley, West Yorkshire.

INTRODUCTION

Khan & Sons has been trading on Fell Lane for over 25 years, with our client in ownership since 2005. The shop has become an integral part of the local community with a large base of regular customers and occupying an excellent trading position.

LOCATION

Located on Fell Lane, this area is well linked to Bradford and Halifax with plenty of commuters and pasers-by. The area is also densely populated with a large residential community close by. Parking is available in the immediate area and public transport links are good.

REASON FOR SALE

Khan & Sons is only being offered for sale due to our client’s retirement.

BUILDING LAYOUT AND DESIGN

Khan & Sons is housed within the ground floor of a large, mid-terraced property. The shop has large signage displayed above a mainly glazed frontage with central entrance. Inside, the main retail space is well-presented with stock displayed on wall shelving, central gondolas and within display fridges and freezers where required. To the rear of the shop floor is a large store room which leads to accommodation.
The spacious, family accommodation is housed within the first and second floor and consists of a large, open plan living room and kitchen-diner, two bathrooms and six bedrooms.
To the rear of the property is a private delivery bay and parking.
Each area is well-presented with good quality fixtures and fittings in place.

STAFF

Khan & Sons is currently operating with only family members in employment.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Khan & Sons has traded solidly over its trading history. The business generates an annual turnover of £260,000 with gross profits of £52,000.

SUMMARY

This freehold business is long-established and offers excellent family accommodation. There is plenty of scope to develop the business further with the introduction of an alcohol licence, hot food and snacks, National Lottery and Paypoint. There is also some scope for a refurbishment and potentially a re-brand with a symbol group. This proposition would ideally suit an owner operating team, able to push the business forward and build upon the solid and impressive trading foundations.

Early viewings are strongly advised. Fixtures:
Counter with till

Shelving

Double door freezer

Open chiller

Double door chiller

Paper stand

CCTV

Electric shutters
Trading Hours:
MONDAY - SUNDAY: 05:30 - 21:30

Tenure: Freehold

Location Details: Keighley

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6125
Seller Reference:
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