Skip to main content Skip to footer

Retail premises for sale

£39,000

29 Carlton Drive, Wigston LE18

Interested in this property? Call +44 1204 351867 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Business
Hilton Smythe is delighted to welcome to the market this well established and busy convenience store business, which is in an ideal trading location within Wigston, Leicestershire.

The business was originally established in 1960 and has been in our client’s careful ownership since 2002. Only now is the business being offered to the market, due to our client’s desire for a well-deserved retirement. The business currently operates 6½ days per week and generates a turnover in the region of £244,400 per annum.

Our client offers a variety of goods and services, including newspapers and magazines, convenience items, confectionery, dairy produce, soft drinks, ice creams, greeting cards, alcoholic beverages and tobacco products, to name a few, as well as the Lottery, Health Lottery, Pay Point and Pay Zone. Our client offers a newspaper delivery service with 10 rounds.

The business has built up an excellent reputation within the area for the 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 goods and services offered.

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

Location
J Master & Son occupies substantial ground floor premises, ideally located within the town of Wigston, Leicestershire. The business is surrounded by densely populated residential areas, from which the business derives much of its trade. The convenience store/newsagent is situated on Carlton Drive and benefits from a high volume of footfall and passing trade, as well as off-street and on-street parking facilities. There are also three schools within the locality, which generate trade.

Wigston is a town in Leicestershire, just south of Leicester. According to the 2011 census, the town had a residential population of 32,321. There are numerous primary schools within the town and Wigston Academy is the secondary school. There are several famous high street stores, as well as many independent stores.

The area of the business is well served by the public transport system, with bus stops within easy walking distance of the property. The nearest railway station is South Wigston, which is approximately 2 miles away. The area is also well served by the a-roads, with the A6 being within easy driving distance, which links to the national a-road and motorway networks. Leicester is approximately 3½ miles away and Market Harborough is 13½ miles away.
Premises
Substantial ground floor premises in a prime trading location, briefly comprising:

Main shop with:

2 x central display aisles.

Perimeter racking and shelving.

Double door upright drinks chiller unit.

Single door upright drinks chiller unit.

Open section chiller unit.

Ice cream freezer.

Newspaper and magazine display racking.

Serve over counter with electronic cash register, Lottery terminal, Pay Point and Health Lottery terminal.

Confectionery displays.

Tobacco gantry.

Back room with:

Counter tops for delivery sorting.

Kitchenette.

Access to WC.

Access to rear fire escape and additional storage area.

Covered lean-to, used for additional storage.

External:

Front forecourt parking area.
Tenure
We are advised Leasehold:

Original lease length: 20 years

Remaining lease length: 14 years

Rent: £9,000 per annum
hours
The business is open:

Monday – Saturday: 6.00am – 12.00pm and 3.00pm – 6.00pm

Sunday: 6.00am – 11.30am
staff
The business is family run.
Financial profile
The business currently operates 6½ days per week and generates a turnover in the region of £244,400 per annum.

What Zoopla users think of Wigston

Overall rating:

  • currently 4 stars
Very good - 81% (45 ratings)

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate Wigston:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • South Wigston (1.1 miles)
  • Leicester (2.9 miles)
  • Narborough (4.1 miles)
  • East Midlands Airport (18.9 miles)
  • Coventry Airport (21.8 miles)
  • Birmingham International Airport (28.4 miles)
  • West Lynn Ferry Landing (64.0 miles)
  • King's Lynn Ferry Landing (64.1 miles)
  • Sharpness Old Docks (83.5 miles)

Nearby schools

View all schools in Oadby and Wigston
  • Water Leys Primary School (0.3 miles)
  • All Saints Church of England Primary School (0.4 miles)
  • Saint John Fisher Catholic Voluntary Academy, Wigston, Leicestershire (0.6 miles)
  • Wigston College (0.8 miles)
  • Beauchamp College (1.6 miles)
  • Wyggeston and Queen Elizabeth I College (2.0 miles)
  • Wigston Academy (0.7 miles)
  • Wigston Birkett House Community Special School (0.7 miles)
  • Tudor Grange Samworth Academy, A church of England School (1.1 miles)
Note: Distances are straight line measurements

Local info for Oadby and Wigston

About the neighbours in LE18

AskMe Q&A for Oadby and Wigston

Ask a question

See all AskMe Q&A in Oadby and Wigston

For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (local rate)

Contact Hilton Smythe Commercial about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

Properties on the market nearby

20 more properties like this

View all Carlton Drive commercial property for sale