| (REF: 1171LE) Freehold Newsagents & Off Licence With Planning Permission |
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| Seller Reference: |
1171LE |
| B4S Reference: |
29721 |
| Asking Price: |
£350,000
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| Net Profit: |
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| 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 |
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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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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).
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Property: |
Freehold |
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Lease Terms: |
Freehold
Leasehold with terms to be negotiated.
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Living Accommodation: |
Yes |
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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
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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
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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
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday to Saturday 6am to 7pm
Sunday: 6am to 2pm
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The business is staffed by the husband and wife team
Six part time newspaper boys.
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