Newsagents and Unused Off Licence With Lotto in Shepshed for Sale
Situated in the very heart of Shepshed, an attractive and well-established market town in the Charnwood Borough of Leicestershire, Shepshed News occupies a prominent trading position on Field Street, one of the town’s principal retailing thoroughfares. The street itself is home to a wide range of complementary occupiers including healthcare providers, hair and beauty salons, betting shops, convenience outlets and other independent retailers, ensuring a steady flow of both pedestrian and passing trade throughout the day.
Shepshed is a thriving and expanding community with a population approaching 15,000, benefiting from its strategic location just a short distance from Loughborough and within easy reach of Leicester and the wider East Midlands motorway network. The town provides an excellent mix of residential neighborhoods, schools, local amenities and green spaces, making it particularly popular with families, commuters and long-standing residents alike. This strong and loyal customer base underpins the consistent demand for local convenience retailing, with businesses such as Shepshed News forming an integral part of everyday community life.
Shepshed News is a well-established and traditional newsagents and convenience store, currently achieving an average weekly turnover in the region of £8,000, derived from a solid core of regular customers and an excellent newspaper delivery operation. The business operates 18 morning news rounds and 9 Sunday rounds, providing a dependable and recurring income stream which remains a valuable component of neighborhood retailing.
As is typical with many modern newsagents, the business offers a range of products including newspapers, magazines, confectionery, soft drinks and tobacco products, together with additional services such as lottery sales. Such businesses continue to serve as reliable community hubs, offering essential goods and services and benefitting from consistent demand and resilient trading patterns.
However, what truly sets this opportunity apart is the significant untapped potential. The premises are fully licensed for the retail sale of alcoholic beverages for consumption off the premises, although this highly lucrative income stream is not currently utilised due to the present owner’s ill health. The reintroduction of alcohol sales, together with an enhanced range of convenience lines and an associated stock investment, offers immediate scope to substantially increase turnover and profitability.
Furthermore, there is excellent opportunity to extend the current trading hours to those more typically associated with a modern convenience store, capturing early morning, evening and impulse trade. A proactive owner-operator could therefore significantly develop the business into a true one-stop shop for the local community.
The premises themselves are held on lease at a sensible rent and provide excellent commercial accommodation. The ground floor comprises a superbly fitted self-service retail shop, thoughtfully arranged with an abundance of quality display fixtures, modern refrigeration units and a suspended ceiling incorporating energy-efficient LED panel lighting, creating a bright and welcoming shopping environment.
To the rear of the shop is a comprehensive range of ancillary areas including a private office, staff w.c., kitchenette, dedicated making-up room for the news rounds, and ample storage facilities, all of which support the efficient day-to-day operation of the business.
A particularly valuable feature of this opportunity is the inclusion of a self-contained three-bedroom owner’s flat, accessed via a completely separate entrance. The accommodation provides a comfortable and practical living space, briefly comprising a lounge, fitted domestic kitchen, combined bathroom with electric shower over bath, and three bedrooms. This arrangement offers considerable appeal for owner-occupiers.
