Ref – 5940 – Convenience Store Blacks Brokers are delighted to bring to the market this leasehold convenience store in the much sought after south side area of Harrogate. Introduction
A business of this nature has been at this location since 1967. Our client bought the business in 2009 and the business name ‘Pannal Ash General Store’ was established in 1950. Our client was attracted to the area due to it being very close to home and an easy commute. Location
Harrogate is a town in North Yorkshire, east of the Yorkshire Dales National Park. Accessible via the A59, A661 and the A61. Reason for sale
This opportunity is sadly available due our client’s partner suffering ill health. Lease
The building is available on a (Fri) Full Repair and Insure lease. The lease started in 2010 and is 10 years in length at a rental cost of £144 per week. There are reviews every 3 years and currently no break clauses in place. Building layout and design
The mid terraced unit is situated in the picturesque south side of Harrogate. The business is housed on the ground floor and inside there is a counter and a retail area which is approximately 400 square feet. The shop sells a range of items from cards and newspapers to confectionery and alcohol. There is on road parking to the front of the property. Staff
Pannal Ash General Store is run by our client only. Financial details
Financial details are available upon a viewing of the business and Pannal Ash General Store has traded solidly over its trading history. The business generates an annual turnover of £107,000 with gross profits of £31,000. Our client is currently exempt of paying rates. Summary
This opportunity has masses of potential, with scope to increase sales of wines, beers and spirits, and introduce lotto, payzone and tobacco. There is also potential to open later over the weekends. Early viewings are advised. Business: £9,950.
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