Sovereign Business Transfer are delighted to bring to market this prime location convenience store centrally placed in Leeds, West Yorkshire. The business is only being offered for sale due to our client’s having other business interests and have therefore decided to bring the business to the market, presenting new owners with a fantastic opportunity to continue to build on the already solid foundations.

Not only is the business located on a busy parade it is also adjacent to Leeds University and halls of residence, which means high student footfall during the day and night that can be taken advantage of by a new enthusiastic owner operator.

The business has a healthy turnover of circa £6,000 to £7,000 per week but there is vast scope to increase this by extending the opening hours. Recently refurbished, the business is in turn key walk-in condition and ready for a new owner. Run mainly by staff and offering tremendous potential to increase the turnover further.

We are advised by our client that the business is leasehold and the landlord is prepared to grant a new internal lease for a period of ten to twenty years, with a passing rent of £13,000 per annum.

In summary, this prime location convenience store has built up an excellent reputation and benefits from both repeat trade and busy footfall making it an opportunity not to be missed. Competitively priced at £79,950+SAV, viewing is therefore highly recommended.

High weekly retail turnover of £6,000 to £7,000 per week
Established business in high footfall location
Recently refurbished to a high standard
Vast scope to develop business by extending opening hours
Genuine reason for sale