Freehold Newsagents & Off Licence | | Undisclosed Leicestershire | | LEICESTER FREEHOLD NEWSAGENTS & OFF LICENCE WITH PP FOR FLATS located in mixed residential & commercial area 5 bed living accommodation with planning to convert into 2/3 flats W/T: £5,000 Huge scope to increase & modernise F/H | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 67742
ADVERT IMPRESSIONS : 12,849 TIME(S) | | | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Newsagents | | SALE: | Agent Sale | FREEHOLD: | £350000 | LEASEHOLD: | £50000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | 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
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
STAFF
The business is staffed by the husband and wife team
Six part time newspaper boys.
FINANCIALS
Weekly Sales: £5,000
TRADING HOURS:
Monday to Saturday 6am to 7pm
Sunday: 6am to 2pm
TENURE
Freehold
Leasehold with terms to be negotiated.
PREMISES
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
SCOPE
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 | | | | | | FOR SALE | | | | | REFERENCE: | 1171LE / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
