Business for Sale in Leicester, Leicestershire Leicester Convenience Store & Off Licence + 5 Bed Accommodation

Key Information

Reference

G36003G

Tenure

Leasehold

Status

For Sale

Region

Leicestershire

Sector

Convenience Stores

Weekly Sales

£11,051.00 Inc. VAT

Commission Income

£7,708.00

Rent Payable

£38,000 per annum for both commercial premises and accommodation

Business Rates

Small business rates relief applied; rates payable are £688.72 per annum

Accommodation

5-bedroom flat above the shop with gas central heating and double glazing

Business Information

This well-established off-licence and convenience store, located in an affluent area of Leicester, is now available for sale due to the owner’s retirement. The business has been a staple in the community since the 1960s and has been owned by the current proprietor for 23 years. It offers a comprehensive range of products including craft ales, bakery goods, fresh and local produce, and lottery and delivery services (Evri). With a strong reputation for excellent customer service and quality products, this store is an integral part of the local community.

This business is not only profitable but also comes with a 5-bedroom living accommodation, making it an ideal choice for first-time buyers, entrepreneurs, and companies looking for a bolt-on acquisition. The premises are well-maintained and feature modern amenities such as an 8-metre refrigeration unit and a three-phase electrical system. The store operates on a new 15-year renewable lease with favourable rent terms, ensuring long-term stability and growth potential.

The store's diverse product range, combined with its strong community presence, provides numerous avenues for further growth. Opportunities include extending operating hours, enhancing marketing efforts, and introducing new product lines. This is a rare chance to acquire a thriving business with significant upside potential in a prime location.

Key Features:

• Profitable and established convenience store in a prime Leicester location.
• Turnkey business opportunity with high gross weekly sales of £11,051.
• Includes 5-bedroom accommodation with gas central heating and double glazing.
• Strong community presence and excellent customer service reputation.
• Diverse product range including craft ales, bakery goods, and local produce.
• Modern 8-metre refrigeration unit and three-phase electrical system.
• Leasehold with new 15-year renewable lease and favourable rent terms.
• Potential for growth through marketing, extended hours, and new products.

Offers in excess of £220,000 + SAV | Business Ref: G36003G

For more details and to arrange a viewing, please contact us. Don't miss out on this excellent business opportunity!

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