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Off License and Convenience Store for Sale in Leicester City Centre with Rental Flats

Leicester, Leicestershire, ID 149659

Off License and Convenience Store for Sale in Leicester City Centre with Rental Flats 1
Off License and Convenience Store for Sale in Leicester City Centre with Rental Flats 1
Asking price:
GBP £150 000
Turnover (per year): £520 000 gbp
Owner
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Description

Off Licence and Convenience Store – Leicester Business Overview This well-established off licence and convenience store operates in the heart of Leicester city centre, benefiting from extremely high footfall. The shop is surrounded by major high street stores, hotels, gyms, a college, student halls of residence, and is just steps from Leicester train station and The Grand Hotel. The store is predominantly staff-run, with low overheads and strong weekly takings. It sells alcohol, non-alcohol beverages, convenience goods, and confectionery. Additional services include Lotto, PayPoint, and collection points for Amazon and DPD. Premises The property includes: * Ground floor sales shop with full-size basement storage * Manager’s office and staff WC * First floor accommodation comprising three one-bedroom flats, producing a steady rental income of £15,000 per annum, with potential for rental increases The rental income from the flats offsets much of the head lease cost, making the business highly profitable. The shop has been established since 2008 and enjoys a prime city centre location with guaranteed footfall. Financial Highlights * High weekly takings (specific figures available upon request) * Low overheads and predominantly staff-run operation * Rental income from three flats: £15,000 per annum Opportunities for Growth * Potential to increase flat rental income * Expansion of convenience product lines * Optimising delivery and collection services This represents an outstanding opportunity for a new owner to acquire a busy, profitable city centre business with excellent diversification through residential income.

Details

Real Estate: Lease
Asking price: 150 000 gbp
Turnover (per year): 520 000 gbp

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