Request more information from the seller.
Add to your shortlist.
Print this advert.
Tell a friend about this business.
Back to search results.
(REF: 1171LE)  Freehold Newsagents & Off Licence With Planning Permission
 
Seller Reference: 1171LE
B4S Reference: 29721
Asking Price: £350,000
Net Profit:
Sales Revenue: £234,526
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Undisclosed, Leicestershire, United Kingdom
  Business Summary   
  HISTORY

• The business has been trading successfully for the last 30 years, during which time the current vendor has been in ownership for the past 15 years.

REASON FOR SALE

• A genuine retirement sale.

PRODUCTS & SERVICES

• The following products are offered for sale:
• Newspapers & Magazines
• Tobacco & Cigarettes
• Beers, Wines & Spirits
• Crisp, Sweets, Snacks
• Confectionery
• Tinned convenience foods

CUSTOMERS

• The owners have built up a loyal and regular clientele over the last 15 years


The business is available freehold for £350,000 +sav or Leasehold for £50,000 +Sav






DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

  Property Information   
  Property: Freehold
 
  Lease Terms: • Freehold
• Leasehold with terms to be negotiated.
 
  Living Accommodation: Yes
 
  Details of Accommodation: • A deceptively large premises briefly consisting

Ground floor

• Single door to retail shop, which is well shelved and stocked for purpose
• Leading to rear ground floor with lounge, kitchen, and rear stock room, WC and access to rear garden

First Floor
• Bathroom and WC
• Five separate bedrooms

External
• Two single garages to rear
• Customer forecourt parking to front
• Both the retail premises and accommodation needs cosmetic updating

 
  Location: • The business is situated in Leicester serving a busy community
• Highly visible trading position close to a roundabout on a busy road together with forecourt parking
• The immediate area is surrounded by a mixed stock of residential dwellings together with several factories
• The vendor has informed us that an international manufacturer is re-locating opposite, as is another well known wholesale company, which will benefit the business with further increases in sales due to the new high number of employees that will be generated in the locality
  Growth Potential   
  • One could extend the evening opening hours to take advantage of the valuable alcohol license
• Updating and extending the retail sales space would be advantageous as well as providing hot and cold foods perhaps through a “bake n bite” facility
• The opening of several new major organisations will increase trade
• The owner has planning permission in place for the conversion of the living accommodation into two/three flats
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  • Monday to Saturday 6am to 7pm
• Sunday: 6am to 2pm
  Summary of Staffing   
  • The business is staffed by the husband and wife team
• Six part time newspaper boys.






Contact this seller
Title:
First Name:
Last Name:
Your Email Address:
Your Contact Number: (optional)
Country:

Your message:
Business4Sale.co.uk will not share your personal data with any other third party, unless you have given us your express permission to do so. By submitting this form, you confirm that you agree to our Terms & Conditions and Privacy Policy.