Convenience Store with Off Licence in Leicestershire For Sale

Semi-detached property, unopposed trading position, residential area, LEICESTERSHIRE

Turnover £ 8,400
Price £145,000

Features

Convenience Store Plus Rental Property

DOUBLE FRONTED RETAIL SHOP in the region of 2,115 ft² WITH ELECTRIC SHUTTERS, tiled floor, suspended ceiling with LED Panel lights, sales counter, 2 x EPOS till, cigarette draw, modern adjustable shelving, open cool display unit (18 feet approx), display fridge (glass fronted upright eight-door), drinks display fridge (glass fronted upright four-door), RedBull Fridge, buzzBallz Fridge, glass fronted upright four-door freezer, 2 x ice cream freezer , CCTV system (16 cameras, 1 monitor).

Stock room with small kitchen.
Office.
Staff Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £8,400 p.w. with a Gross profit of 25% approx.. Wholesale newsbill £150 p.w.

WE ALSO UNDERSTAND that in addition to the turnover the business also enjoys a commission of:

NATIONAL LOTTERY £30 per week approx.
PAY POINT £5 per week approx.

Additional Rental income from Salon next door paying £2,400 per annum

Staff

The business is at present operated by the 2 partners with the assistance of 1 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY 8am - 9pm
SATURDAY & SUNDAY 9am - 9pm

Outside

Rear yard providing £60 per month rental income

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 20 years in May 2022 with reviews every 5 years (next review 2027) at a current rent of £16,800 p.a.

Business Rates from April 2026 £550 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2024, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE, GOODWILL, FIXTURES & FITTINGS £145,000 plus STOCK AT VALUATION (£45,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 72,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote