Shop for sale

Westgate, Elland, West Yorkshire, HX5

Leasehold 127 sq. m. | £79,000

Property Description

Commercial information

  • Business for sale
  • 1,367 sq ft (127 sq m)

Key features

  • REF 12342
  • LEASEHOLD BUSINESS
  • OFF LICENCE

Full description

Tenure: Leasehold

LOCATION
Bargain Booze Plus occupies substantial two storey premises, ideally located within the town of Elland in West Yorkshire. The business is situated on the busy Westgate, therefore benefiting from a high volume of footfall and passing trade. The area of the property is surrounded by densely populated residential areas, from which the business derives much of its trade. The business further benefits from good on and off-street parking facilities within the area.

Elland is a market town in Calderdale, West Yorkshire. It is situated south of Halifax, by the River Calder. According to the 2011 census, the town had a residential population of 11,676. The town is the home to The Rex Cinema, one of Britain's oldest surviving purpose-built picture houses, and an impressive collection of family run shops.

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 nearest railway station is Brighouse, which is approximately 3 miles away. The area is also well served by the A-roads, with the A629 being within easy driving distance, which links to the national A-road and motorway networks. Halifax is approximately 4 miles away and Huddersfield is 5 miles away.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and busy off licence business, ideally located within the town of Elland, West Yorkshire.

The business was originally established in 2006 and has been in our client's ownership for a short time. Only now is the business being offered to the market due to our client's desire to move back to Manchester. The business currently operates 7 days per week and generates a turnover in the region of 616,000 per annum, with a gross profit of approximately 15%.

Our client offers a wide variety of alcoholic drinks such as beers, wines and spirits, as well as soft drinks, confectionery, snacks, tobacco products, the Lottery and scratch cards. Our client is also an authorised supplier of the Totally Wicked E-Cigarette Company, to which our client holds a large amount of stock. The premises boasts an impressive 127 sq. metres, is very well maintained and fitted out to suit the trade. The first floor offers spacious one bedroom owners' accommodation.

The business has built up an enviable reputation within the area for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to promote the goods and services offered.

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.

PREMISES
Substantial two storey premises in an ideal trading location, briefly comprising:

Ground floor:

Perimeter shelving.
Central isles.
Drink chiller units for alcohol and soft drinks.
Large serve over counter with expos software system cash register, Lottery terminal and scratch card display.

Large glass cabinet with e-cigarette liquids, e-cigarettes and accessories.
Tobacco gantry.

Small rear storage area.

First floor:

Large lounge with laminate flooring, gas fire and double window.
Kitchen with wall and base units, washer/dryer, refrigerator/freezer, microwave oven, electric oven and hob, stainless steel sink unit and tiled floor and walls.
Large double bedroom.
Large bathroom with WC, wash hand basin, bath and shower.

External:

Shutter doors.
Car parking.

The property has CCTV.

All equipment will be included within the sale subject to references from Bargain Booze for the new owner.

TENURE
We are advised leasehold:

Original lease length 10 years
Remaining lease length: 3 years as of April 2016
Review every: 5 years
Rent: 9,000 per annum

HOURS
The business is open:

Monday - Sunday: 11.00am - 9.30pm

STAFF
The business is owner run and managed with 1 x full time and 2 x part time staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 616,000 per annum, with a gross profit of approximately 15%.


Nearest stations

  • Halifax (2.5 mi)
  • Brighouse (2.7 mi)
  • Sowerby Bridge (3.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Halifax (2.5 mi)
  • Brighouse (2.7 mi)
  • Sowerby Bridge (3.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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