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Off Licence And Convenience For Sale

Leicester, Leicestershire, UK
Asking Price:
£125,000
Turnover:
£520,000
Net Profit:
Undisclosed

OFF LICENCE AND CONVENIENCE in Leicester for sale.

High footfall in the very heart of Leicester city centre, amongst all the recognisable high street stores and surrounded by major hotels, gyms, a college, student halls of residence and located just steps away from Leicester train station and The Grand Hotel. Extremely busy shop with enviable weekly takings of £10,000, low overheads and predominantly staff run. The premises includes three, one-bedroomed flats producing a steady rental income that negates much of the head lease rent, making this store tremendously profitable. In addition to alcohol and non-alcohol beverage sales, convenience goods and confectionery, the shop offers Lotto and PayPoint and is a collection point for Amazon and DPD. The three flats have enjoyed steady, long-term, trouble-free tenancies and produce a combined rental income of £15,000 per annum, with room for a potential uplift in the rents. The premises comprise of a ground floor sales shop with full-size basement storage, managers office and staff WC. First floor accommodation comprising of three, one-bed flats. This is an outstanding opportunity to acquire a busy shop which has been established since 2008 and is on very low rent and overheads, in a very prime location in the centre of a major city with guaranteed footfall.
Stock approximately £40,000 (in addition to the asking price). EPC Band C.

Property Information

Property:

Leasehold