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Popular & Well Stocked Convenience Store

Leicester, Leicestershire
Leasehold Price:
£94,950
Find more details, or book a viewing:
Status
FOR SALE
Advert ID
231077
Reference
B04652 / Rightbiz

Details

Business
Hilton Smythe welcomes to the market Londis stores in Barwell Leicester.

The business has been operated by the current vendor for over three years and due to family commitments this rare and exciting business opportunity has now become available.

Londis offers a popular range of services and produce to serve the main residential area, the surrounding communities as well as the busy passing trade.

The store is fully licensed and stocks a large range of convenience store essentials including tobacco, beers wines and spirits a range of frozen produce plus a wide range of additional home essentials including a DIY and car care section which is now proving to be extremely popular.

The business operates a Hermes parcel collection service along with both Western Union and DHL services.

Londis offers an excellent opportunity for a new operator to take this long established and now rapidly expanding business to the next level.

The Business would benefit from extending the opening hours and building a stronger online presence plus a home delivery service would also prove popular.

The Shop is in a busy location and the surrounding areas are experiencing growth in residential dwellings, so the business has the potential to grow further generating new income streams as well as increasing historical sales, a great opportunity.

Location
Situated on Kirkby Road in the centre of Barwell in Leicester.

The business is just a short drive from Earl Shilton and Hinckley and is easily accessible by all modes of transport with plenty of free on street parking to the front.

Londis is opposite the main park in Barwell and is surrounded by residential dwellings with the benefit of being on one of the main commuter routes in the area.

Premises
Ground floor convenience store situated in a row of shops.

Shop

•Main service counter
•CCTV system
•Fridges
•Freezers
•Shelving
•Racking and storage binnacles
•Additional store room
•WC

First floor office and additional storage space.

Additional trading space to the front of the shop.

Unrestricted on street parking to the front.

Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £14,400 per annum with new Lease terms are to be agreed.

Hours
The opening hours are currently 10.00am to 9.00pm seven days a week.

Staff
The business is run and managed by the current vendor.

Financial Profile
We are advised the business is currently turning over in the region of £5,000 per week on an upwards trajectory trading limited hours.

There are currently no rates payable on the business.

A good cash business opportunity.



£94,950
Seller Details
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Listing Details
Leasehold Price: £94,950
Tenure: Leasehold
Sector: Convenience Stores, Off Licences, DIY Stores
Financials
Annual Turnover: £260,000
Listing Statistics
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The data showed regarding this advert 'Popular & Well Stocked Convenience Store - B04652 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.