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Retail premises for sale

£29,950

83 Markham Avenue, Leeds LS8

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Property description

Business
Hilton Smythe welcomes to the market the long-established Aziz Caribbean Store which is based in Oakwood, Leeds.

The business sells not only Caribbean products but products serving multi-cultural tastes such as Asian, European and English including halal meat, fish, tobacco, groceries, fresh and frozen produce, fruit and vegetables, confectionery, crisps, snacks, phone cards and other sundry items.

The store also offers a Payzone, Lycramobile and Western Union facilities.

The business has been established since 1970. Our client has owned the store since 2016 and because of family reasons is now looking to sell to focus on other interests.

The business could easily be expanded by the inclusion of other retail lines, in particular alcohol, and expanding the size of the retail area.

This is a long-established business marketed at a reduced and reasonable price for an early sale.

Location
The ground floor Convenience Store is situated on a busy corner in the multi-cultural residential area of Oakwood in Leeds.

The business is situated in a densely populated area.

There is free street parking front and side.
Premises
The business is run from the ground floor of a large corner property.

The entrance leads to a large, busy and well stocked shop with the sales counter to the back left and good quality fittings and units throughout.

The rear of the shop was formerly a butcher’s department but is now only used for the storage of frozen goods. This area could easily be used to expand the retail area of the shop.

There is a stock area and WC at the back of the shop.

There is a large basement which is used for storage.

The premises are shuttered and have the benefit of CCTV.

There is free on street parking available.

The sale includes a till, sales counter, 4 cold drinks fridges, 3 freezers, deli unit, cooler room, display units and shelving.

We are advised that the business assets are worth in the region of £10,000.
Tenure
We are advised that the premises are held under a Lease of which 9 years remains as of 2017.

Rent of £600 per month.
Hours
The business is open 9am to 9pm every day.
Staff
The owner runs the business without assistance.
Financial profile
We are advised that the current turnover is approximately £100,000 per annum with a gross profit of circa 30%.

The business is exempt from the payment of business rates.

The business carries about £10,000/15,000 stock.

What Zoopla users think of Leeds

Overall rating:

  • currently 4 stars
Very good - 79% (416 ratings)

Ratings breakdown:

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Community & safety
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Community & safety
  • currently stars
  • 1
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Entertainment & nightlife
  • currently stars
  • 1
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  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
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  • 1
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  • 5
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  • currently stars
  • 1
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Nearby transport

  • Leeds (2.0 miles)
  • Burley Park (2.5 miles)
  • Cross Gates (2.9 miles)
  • Leeds Bradford International Airport (6.7 miles)
  • Robin Hood Airport (31.8 miles)
  • Manchester International Airport (44.7 miles)
  • Hull Ferry Terminal (51.1 miles)
  • Transporter Bridge South Side (54.2 miles)
  • Transporter Bridge North Side (54.4 miles)

Nearby schools

View all schools in Leeds
  • Leeds Christian School of Excellence (0.2 miles)
  • Bankside Primary School (0.3 miles)
  • Bracken Edge Primary School (0.4 miles)
  • Leeds College of Building (1.2 miles)
  • Notre Dame Catholic Sixth Form College (1.5 miles)
  • Swarthmore Education Centre (1.9 miles)
  • New Horizon Community School (0.7 miles)
  • Roundhay School (0.8 miles)
  • John Jamieson School (1.0 mile)
Note: Distances are straight line measurements

Local info for Leeds

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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