Freehold Leasehold Licensed Convenience Store For Sale

Business description

Advent Business Sales is pleased to offer for sale this extremely well established and popular newsagents/off licence, which has been trading successfully since 1980.

Established by the vendors, reluctantly the business is offered for sale due to imminent plans to retire.

Our client has achieved an excellent reputation culminating in loyal regular customers.

The business, which offers a range of services and products for sale including:
• Newsagent (counter sales only)
• Off licence
• Cigarettes
• Grocery
• Convenience
• Ice cream
• Household
• General supplies
• Payzone

Our client has introduced successfully a good range of Continental foods and groceries especially for their Polish customers and this has been very popular.

The premises have benefited from a full refit only a couple of years ago.

Our client has the facility to accept debit and credit card payments.

The business is also available as a leasehold at £100,000 + SAV
Or you can purchase the shop & flat on a leasehold basis for £110,000

ref:8700LE

Property information

Property:

Freehold

Lease terms:

TENURE: Leasehold
Terms to be negotiated
Original lease: TBC
Remaining lease: TBC
Review every: TBC
Rent: TBC

We are advised that the annual business rates are currently: £800

Living accommodation:

BUSINESS PREMISES The property is a ground floor self contained lock up unit, with efficient sales and storage areas. The shop has the added benefit of full roller shutters as well as red care alarm system and CCTV and briefly consists of: Ground Floor - Corner premises with central doorway leading into main sales area - Counter to the front with cigarette gantry - Good selection of fridges, freezers and wall to wall shelving and racks - Rear doorway leading to the large storage area - W/c - Kitchen area - Rear exit into small yard External - Paved to shop front - Street parking

Location:

Our client is located on a prominent corner position within a densely populated residential area close to Leicester city centre. The area is popular for student accommodation. There are a number of schools nearby which provides a healthy trade.

There is sufficient street parking for customers and residential with no restriction imposed.

Being close to the city centre, there are a number of roads which connect the area allowing easy access.

Other information

Expansion potential:

There is scope for significant expansion, which could include extending the range of Continental foods and groceries.

Alternatively, any new owners would benefit greatly by joining a buying group like Nisa, Costcutter, Londis and start doing offers n beers, especially to increase trade further.

Trading hours:

Mon – Sun: 7am – 10pm

Financing available:

Please let us know if you require finance for the purchase of a business.

Related documents:

• 
• Sales paticulars