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Property Listing Details

Retail premises for sale

Welford Road, Knighton Fields, Leicester LE2

£28,000

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Last 30 days: 63 page views

Since listed: 320 page views

Description

Business
Hilton Smythe welcomes to the market Welford Superstore.
The business genuinely comes to the market as our client is looking to move on. The business currently operates 7 days per week and generates a turnover in the region of £230,000per annum as per the 2016 accounts.

Our client offers a wide variety of goods and services including newspapers and magazines, convenience items, confectionery, dairy produce, soft drinks, snacks, alcoholic beverages, greeting cards, stationery, scratch cards, and tobacco products, to name a few.

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, perhaps by opening longer on Sundays. A new owner could also embark on a modest marketing campaign to promote the goods and services offered.

Location
Hilton Smythe is delighted to welcome to the market this well-established and very popular newsagent, off licence and convenience store, which is ideally located in Leicester. Leicester is a city and unitary authority area in the East Midlands. The city lies on the River Soar, at the edge of the National Forest. According to the 2011 census, the population of the Leicester unitary authority was circa 330,000, making it the most populous in the East Midlands. Leicester is a modern city, rich in arts, culture, sports and heritage and boasts something of interest for all ages.

The area is served by the public transport system with a bus stop conveniently almost directly in-front of the business. Leicester railway station is less than one mile away.
The area also benefits from excellent road links, with the A47, A6 and A5460 all within easy driving distance, which link to the national a-road and motorway networks. Loughborough is approximate 12½ miles away and Hinckley is 14 miles away.

Premises
Mid terrace premise circa 51sq m.

Vibrant signage and large glass frontage .

Shelving and displays to suit trade.

Ground floor convenience store with 3 retail sectors and a staff toilet.

Tenure
We are advised the business is being sold as a Leasehold opportunity.
Rolling lease
Rent: £5200 per annum.

Hours
The business opening hours:

Monday 8.30-22.00
Tuesday 8.30-22.00
Wednesday 8.30-22.00
Thursday 8.30- 23.00
Friday 8.30-23.00
Saturday 9.00-23.00
Sunday 10.30-18.00

Staff
The business is a family run concern.

Financial Profile
The business generated an advised turnover of circa £230,000 as of the 2016 accounts, with a gross profit of £69,000.

Floorplan

No floorplan available

Contact the agent

Map

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • " role="presentation" aria-hidden="true"> Avenue Primary School 0.3 miles
  • " role="presentation" aria-hidden="true"> Millgate School 0.3 miles
  • " role="presentation" aria-hidden="true"> Leicester 1.2 miles
  • " role="presentation" aria-hidden="true"> South Wigston 2.2 miles

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Property descriptions and related information displayed on this page are marketing materials provided by Hilton Smythe Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information.