Convenience Store with Post Office in Leicestershire For Sale

Situated in a parade, excellent trading position, close to LEICESTERSHIRE

Turnover £ 13,500
Price £399,500

Features

Old Established Convenience Store Plus Post Office

LONG LEASEHOLD
NO Alcohol Sales.

DOUBLE FRONTED PREMISES in the region of 3,720 ft² WITH ELECTRIC SHUTTERS, industrial non-slip floor, suspended ceiling with LED Panel lights, Air conditioning, sales counter, cigarette gantry, 2 x EPOS till, modern adjustable shelving, card display stands (drawers), open cool display unit (8 metres), ice cream freezer, glass topped deep freeze, CCTV system (16 cameras)

Post Office Counter with anti-bandit screen. (4 positions), etc. plus Combi Counter.

Stock room

First floor Office Space in the region of 1,645 ft² with in our opinion could be rented out..

2 Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £12,000- £15,000 p.w. with a Gross profit of 27.5% approx.. Lucrative Wholesale newsbill £2,500 p.w.. POST OFFICE income in the region of £95,000 p.a. approx.

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

NATIONAL LOTTERY £250 per week approx.

It will be appreciated upon inspection that there is terrific potential to increase the sales by introducing Alcohol Sales.

Staff

The business is at present operated by the vendor with 4 full time & 2 part time staff.

Trading Hours

7 Day week
MONDAY - FRIDAY 6.30am - 5.30pm
SATURDAY 6.30 - 5pm
SUNDAY 6.30am - 12.30pm

Outside

Parking space for 4 car.

Tenure

LONG LEASEHOLD until 2063 with review in 2029 at a current rent of £42,000 p.a. + VAT.

Business Rates from April 2025 £9,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2023, AND NOW OFFERED FOR SALE SOLELY DUE TO OWNERS ILL HEALTH

Price

TO INCLUDE THE LEASE, GOODWILL, FIXTURES & FITTINGS £399,500 plus STOCK AT VALUATION (£40,000 APPROX.)
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 199,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote