Very Busy News And Off Licence Located
in Centre Of Busy University Town
Huddersfield, West Yorkshire
Leasehold : £ 89,300
Turnover : £ 8,500 p.w.
* Prime City Centre Location * Business Benefits From Both Day And Night Time Trade * Over £8,000 Weekly Turnover * Average GP Of 25% * Long Term 10 Year Renewable Lease * Offers News, Soft Drinks, Tobacco, Confectionary, Pay Zone And Phone Top Up * Full Off Licence Until 1am At Weekends * Recently Refurbished And Fully Alarmed And Secure * Wide Scope To Develop The Business Further * Viewing Recommended
This News, Off-Licence and General Store, was established in 2005 and has recently been extensively refurbished. The business offers a full off-licence to 1am as well as tobacco, newspapers, magazines, soft drinks with Payzone, ATM Machine and phone Top Up.
The business currently trades at an average weekly turnover of £8,500 with good gross profits (25%) and wide potential to grow the business further. The current licence allows trading until midnight Monday to Thursday and 1am on Friday & Saturday. These hours ensure that the business benefits from the prime location and being surrounded by Huddersfield nightlife. The business offers a great deal to a new owner and an early viewing is highly recommended.
This business is situated in a prime location in the centre of Huddersfield. Close to the University, the business benefits from the surrounding commerce and shopping by day and being in the heartland of the nightclub, pub and leisure scene by night. Huddersfield is a thriving University town with close proximity to the M62 and the surrounding towns and cities of Bradford, Wakefield, Halifax and Leeds.
Property comprises of single ground floor shop with double frontage. Internally the shop is extensively fitted and includes serving counter with cash register, Wooden flooring, Various refrigeration and display units, Racking and shelving to suit trade, fully alarmed and shuttered. There is also storage to rear of shop. Externally the shop faces on to a very busy pedestrian precinct with very high footfall.
Tremendous potential for new enthusiastic owners to increase turnover and profits
Monday to Thursday: 9.00am – 11.00pm
Friday: 9.00am – 1.00am
Saturday: 9.00am – 1.00am
Sunday: 9.00am – 11.00pm
Rent £20,000 per annum
Lease is reviewed every 3 years
Remaining length of Lease - 8 1/2 years
Length of Lease - Originally 10 years