Scroll To Top

Convenience Store With Generous Accommodation

Leicester, Leicestershire
Freehold Price:
Advert ID
B04769 / Rightbiz
Hilton Smythe welcomes to the market L & S News on Cavendish Road in Leicester.

The business has been operated by the current owners for over 38 years and is well established in the local community and surrounding areas having built up a long-standing reputation for excellent service.

Due to retirement this truly rare and exciting opportunity has now become available.

The business sells a wide range of convenience store household staples with additional products such as:

• Loose confectionary
• Fancy goods
• Children’s toys
• Large range of greetings cards
• Wrapping paper
• Newspapers & Magazines
• Fruit & Vegetables
• Fresh flowers & plants

The business also offers much needed services to the local area including Pay point, Western Union, National Lottery and an Collect+/E-bay parcel collection service, plus 3 x morning & 2 x Sunday Newspaper rounds all helping to generate a busy and consistent footfall through the shop generating a very respectable turnover and adjusted net profit.

The business is being offered to the market as a freehold purchase with the site spreading across three former terraced houses which over the years have been reconfigured to create a truly unique layout.

The premises offers generous residential accommodation along with a secure rear yard and a well configured trading area to the front.

This opportunity will have a broad appeal to various sectors of the business community and beyond offering the opportunity for the new operator to:

• Extend the opening hours
• Tweak the convenience food offering further introducing their own ideas
• Offering a local delivery service
• Generating a stronger on-line presence
• Introducing a range of beers, wines & spirits with the site already granted a premises licence

The generous residential accommodation is spread over two floors across all three dwellings and would suit both families or individuals looking for a site with plenty of potential and additional space, a truly one-off opportunity.

Situated on Cavendish Road just off the A426 Saffron Lane in Leicester.

The site is in an excellent location just a short distance from Welford Road and Leicester City Centre and just a short stroll from the Saffron Lane athletics centre.

The site is easily accessible on foot and by all modes of transport with a regular bus service passing by and plenty of free on street parking to the front of the shop and within the surrounding residential dwellings.

Large property consisting of three former terraced houses from 182-186 Cavendish Road.

Main trading area

• Service counter
• Display counter units
• Shelving
• Card storage units
• Fridges
• Fridge freezers shelving
• Storage binnacles

There is access through to the sitting room with additional storage space family kitchen

To the first floor is 3 x double bedrooms with a single room off the rear bedroom plus a shower room.

From the left-hand side of the shop is access to number 182 with additional storage/kitchen, to the first floor there is a sitting room/office 1 x double bedroom and family bathroom.

The residential accommodation can be easily reconfigured to suit individual requirements.

To the rear of the site there is plenty of additional storage within the original outbuildings and two large secure yard areas.

We are advised the business is being offered on a Freehold basis with a guide price of £415,000

The business is opening hours are currently:

Monday - Saturday: 5.00 am to 6.00 pm
Sunday: 5.00 am to 5.00 pm

The business is run and managed by the current vendors with the assistance of 3 x part time staff

Financial Profile
We are advised the business in 2017 generated a turnover in the region of £461,638 with a respectable adjusted net profit.

There are no rates payable on the business.

Listing Details
Freehold Price: £364,995
Tenure: Freehold
Location: Leicester, Leicestershire
Sector: Convenience Stores, Newsagents
Annual Turnover: £461,638
Contact Agent
Telephone: Upgrade to view
Agent Name: Upgrade to view
Advert Reference: B04769 / Rightbiz

RightBiz Premium Buyer Feature

Get quicker responses by directly contacting the seller through telephone number or email. Learn more about paid memberships →
Listing Statistics
Impressionsi: Upgrade to view
Enquiriesi: Upgrade to view
Interestedi: Upgrade to view
Watchingi: Upgrade to view
Date Ad Submitted: Upgrade to view
Last Viewedi: Upgrade to view
Last Updatedi: Upgrade to view
Last Enquiry Received: Upgrade to view

RightBiz Premium Buyer Feature

See how much interest every advert is receiving by viewing full advert statistics. Learn more about paid memberships →
Register and contact seller.
By submitting this form, you confirm that you agree to our Terms and Conditions and Privacy Policy.
* required fields
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing

Related Businesses for Sale

Convenience Stores
Eastleigh, Hampshire
Convenience Stores
Newsagents for sale in Kingswinford
Kingswinford, West Midlands
Tea Rooms
Excellent traditional British café
Leicester, Leicestershire
Convenience Stores
Undisclosed, Leicestershire
The data showed regarding this advert 'Convenience Store With Generous Accommodation - B04769 / 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.
Find out more about the business by contacting the seller