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

Description

Off Licence and Convenience Store – LeicesterBusiness OverviewThis 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.PremisesThe 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 increasesThe 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 annumOpportunities for Growth* Potential to increase flat rental income* Expansion of convenience product lines* Optimising delivery and collection servicesThis represents an outstanding opportunity for a new owner to acquire a busy, profitable city centre business with excellent diversification through residential income.