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Newsagents, West Yorkshire

£250,000

Business rates & charges may apply

Ernest Wilson & Co Limited, EW Leeds
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SECTOR

Convenience store for sale

Key features

  • High turnover and very profitable
  • Strong repeat custom from local workers and commuters
  • High footfall location with prime frontage
  • Established trading history

Description

NEWS, TOBACCO AND CONFECTIONERY

Ryans CTN is a highly visible and well-established convenience retail business occupying a prominent position on The Headrow, one of Leeds' busiest and most prestigious city centre thoroughfares. Benefiting from exceptional levels of pedestrian footfall, excellent transport links, and close proximity to major retail brands, offices, and commercial occupiers, the business enjoys a consistently strong trading position.

The premises have been immaculately fitted out and operate as a successful convenience store specialising in newspapers, tobacco products, vaping products, cold drinks, and confectionery. The business achieves an impressive weekly turnover of £19,000–£20,000, generating an approximate 30% gross profit margin, making it a highly profitable operation.

Our clients have advised that the landlord would not object to the sale of alcohol, subject to the necessary licensing approvals. However, alcohol sales have not been introduced due to the current owners' religious beliefs, presenting an excellent opportunity for a new owner to further increase turnover and profitability.

The premises comprise a modern sales area with extensive glazed display frontage, a spacious counter area, basement storage, office accommodation, and staff WC facilities.

The current owners have successfully operated the business for over 20 years and are now offering it for sale solely due to their planned semi-retirement.

About Ernest Wilson & Co Limited, EW Leeds

The Business Centre, Deanhurst Park, Gelderd Road, Gildersome, Leeds, LS27 7LG

Selling a business in the UK? We’ll be with you every step of the way

Selling any business can be a daunting task, but even more so when you’ve worked hard to build your own. That’s why finding the right business transfer agent is so important; you need to trust that you are working with people who have your best interests at heart.

That’s exactly what you’ll find at Ernest Wilson.

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Disclaimer - Property reference 591655. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ernest Wilson & Co Limited, EW Leeds. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.