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.
