Well-established Convenience Store in Leicestershire

Leicester, Leicestershire
REF: R06590

Asking Price:
£110,000
Annual Turnover:
£245,253
Annual Net Profit:
TBC
REF: R06590

Overview

Tenure:
Leasehold
Established:
1980
  • Established for over 30 years
  • Loyal customer base
  • Renovated to a very high standard
  • Highly sought-after location
  • Impressive annual turnover

Now available to the market in this well-established convenience store situated in Leicestershire.

Trading for over 30 years at the same site, the business has acquired a returning customer base who visit the store for its wide array of daily consumables. Its success is reflected in both its consistently high levels of trade and its very impressive annual turnover.

An interested buyer is presented with a fully-stocked premises in a highly sought-after location to continue trading fruitfully.

The business trades from a double-fronted premises on the high street with ample space for all stock. Clients enter straight onto the open plan shop floor, with 4 aisles lined with consumables and essential everyday items. To the front is a counter overlooking the store and is used for customer transactions. To the rear refrigerated units house dairy products and alcohol. Further on and out of customers’ sight is a large storage room and small office. The entire shop has been renovated to an exceptionally high standard throughout.

Little need for marketing due to the store’s prominent, accessible position has led the shop to receive business organically and through word of mouth.

This is a superb opportunity to purchase a longstanding convenience store which has all the features of a successful and manageable venture boasting excellent profit margins

Ideal for a current convenience store owner or someone with retail management experience, a new owner could look to further the business in various ways. More marketing alongside the introduction of popular services such as parcel collection and Payzone would help to attract more customers. Extending opening hours past 10 pm could fill the gap in local demand for late-night trade and help boost profits.

The current owner would be willing to stay on for a transitional period, if desired, to assist the new proprietor with initial operations.

Loading...
  • Affluent village location
  • Situated on busy main road
  • Heavy footfall
  • Residential area
  • Close to local businesses
Rent
£18,000
Rates
£6,500
Lease Term
15
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
£
£
£
£