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Well Established Convenience Store Business For Sale

Leicester, Leicestershire, UK
Asking Price:
£54,995
Turnover:
£122,043
Net Profit:
Available on request

Business
Please quote reference B06111

Hilton Smythe is delighted to welcome to the market this well established and busy convenience store, which is ideally located on Albion Street, Anstey, Leicester.

The long-established business has been in our clients’ family since 1979, only now being offered to the market, due to health reasons. The business currently operates 7 days per week and generates a turnover in the region of £250,000 per annum.

Our clients offer a wide variety of goods, including greeting cards, stationery, convenience items, confectionery, frozen/chilled goods, ice cream, soft drinks, alcoholic beverages, tobacco products and national lottery. The business also receives an additional income from offering parcel delivery and collection services (DHL, UPS, Amazon, ParcelForce).

The property is very well maintained and fitted to suit the trade.

The business has built up an excellent reputation within the area for the very high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel there is scope to increase the turnover by extending the opening hours. A new owner could also embark on a modest marketing campaign to highlight the excellent goods and service offered. There is also scope to offer newspaper deliveries within the area for the elderly/Vulnerable.

This is an excellent opportunity for a new owner, perhaps a husband and wife team or partnership, to take this already busy business to the next level; therefore, early viewing must come highly recommended to avoid disappointment.

Location
Family Choice Superstore is located at Albion Street, Anstey, Leicester.

The business benefits from good footfall and boasts ample free, street parking outside. The retail parade is set within a popular residential area with privately owned properties, this is a popular and upmarket area.

Anstey is a large village with a population of circa 6,528 as of the 2011 census. This is a nice village with all amenities; this includes two village greens, high school, country park, church, pubs, Post Office and much more. Anstey is approximately 4.3 miles away from the centre of Leicester.

Anstey village is a short drive away from the A46 an arterial road that links to the M1 motorway network, again this is just a 7-minute drive away. The village has great bus routes with regular links to Loughborough, Coalville, Goodwood, and Leicester.

Premises
Double fronted shop with excellent eye-catching signage. The premises benefit from ample outside street parking.

Open plan service area
Stock room / WC
Security

The business is secured with a metal shutter and latest CCTV system

The sale of the business also includes the following-

Counter and Tobacco gantry to rear
Central display aisles
Large greeting card display
Refrigerated display cabinets
Ice cream freezer
Display freezers
Drink chillers
Latest CCTV system

Tenure
We are advised that the business is being sold on a Leasehold basis, with a new 5 year lease available for the new buyer. The rent is £916 a month and has £0 rates payable.

Hours
The business hours are -

Monday – 8:30am – 7:00pm
Tuesday – 8:30am – 7:00pm
Wednesday - 8:30am – 7:00pm
Thursday – 8:30am – 7:00pm
Friday - 8:30am – 7:00pm
Saturday – 10:00am – 7:00pm
Sunday - 11:00am – 2:00pm

Staff
We are advised that the business is owners ran and managed, with the help of 1 part time staff member.

Financial Profile
Full financials can be made available upon further request.

Please quote reference B06111

Property Information

Property:

Leasehold

Contact Hilton Smythe

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