Busy Newsagent and Convenience Store in Leicestershire

Wigston, Leicestershire
REF: R07536

Asking Price:
£49,950
Annual Turnover:
£320,000
Annual Net Profit:
£30,000
REF: R07536

Overview

Tenure:
Leasehold
Established:
2014
  • Excellent reputation
  • Loyal customer base
  • Huge growth opportunity
  • Spacious premises
  • New lease to be granted

This is a superb opportunity to purchase a multi-faceted local business which operates as a newsagent and convenience store.

 

Since 2014, the business has been a pillar of the local community, offering a huge range of everyday essential items, including stationery, confectionary, newspapers, lottery tickets and a Paypoint payzone.

With a fully-stocked premises in a high footfall location, the business is ready for immediate takeover by a new owner.

The business operates from a spacious premises positioned on a parade of shops. Upon entry, customers immediately notice two aisles of shelving containing various items, with a customer counter to the far end backroom storage beyond this.

All equipment is included in the sale, such as shelving, fridges and a till.

As a suitable acquisition for anyone looking to take on a profitable local business with regular clientele, perhaps with retail management experience, a new owner could look to grow the business’s profit margins.

The business could easily obtain a license to sell alcohol, which would instantly boost profits. Perhaps integrating a click and collect/drop off postal service would also draw more customers in.

Loading...
  • Residential area
  • High street location
  • Nearby car park
  • Good transport links
  • Well-complemented by local shops
Rent
£21,950
Rates
£6,000
Lease Term
New lease to be granted
Lease Expiry
###
Square Footage
TBC
Accommodation Included
TBC
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
C 51-75

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

Refine

Miles
£
£
£
£