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Reference M5533

Wholesaler Cash & Carry in Leeds For Sale

Register to see map and to make an appointment Situated on an industrial park North West Yorkshire. LEEDS

Turnover £ 50,000
Price £495,000

Features

Vast Wholesale Cash & Carry (specialising In Food & Drink)

6 DAYS OPENING

INDUSTRIAL UNIT - 16,000 square meters. CCTV (12 cameras). Single fronted with roller door and vehicular access. Concrete floor, brick walls and glass roof. 2 EPOS cash positions, commercial printer, adjustable shelves.

Large walk-in coldroom

Large walk-in freezer

Office

2 cloakrooms with toilets and sink

Staff room

Customer cloakroom with toilet and sink

2 fork lifts
2 delivery vans

Turnover

We are advised sales year ending 2022/2023 2.4m. Present sales £50,000/ £60,000 p.w. Gross profit 31% approx.

Staff

The business is at present operated by the vendor with 4 full time staff employed. with the assistance of 5 part time staff.
We are informed the wage bill averages £5,000 p.w. approx.

Trading Hours

6 Day week
MONDAY - FRIDAY 9 a.m - 5 p.m
SATURDAY 9.30 a.m - 5 p.m
CLOSED SUNDAY

Outside

Parking for 10 vehicles.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, trading over. We understand the Landlord is happy to offer a new 12 years lease with 3 yearly reviews, shorter if purchaser prefers at an initial rent of £36,000pa.

Business Rates from April 2023 £7,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £495,000 plus STOCK AT VALUATION (£175,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 247,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote

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