Retail premises for saleQueens Road, Clarendon Park, Leicester LE2
Local area information
- St John the Baptist CofE Primary School 0.2 miles
- Avenue Primary School 0.2 miles
- Leicester 1 mile
- South Wigston 2.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Leicester to find out more about the area.
Features and description
This business perfectly serves its clientele made up of professionals, young families, and students, contributing to its already buoyant market presence. An attractive proposition for potential buyers is its robust location, bordering the A50 and A6, conveniently near the Leicester ring road offering easy access to the M1 and M69. Not to mention, the area benefits from frequent bus services, further boosting footfall to the business.
Reluctantly, the current vendors have decided to retire and pursue other interests, presenting an opportune moment for a prospective buyer to step in and take the helm. Since its purchase in 2016, the Post Office has seen remuneration of £73,307 and has net annual retail sales of £23,313, which could be greatly improved upon.
The premises comprise a lock-up unit with a sturdy fortress counter to the left, well-placed shelving to the sides showcasing retail items, and central racking to display a diverse range of greetings cards. Adjacent to the counter, a door leads to a sizeable storeroom, a handy washbasin area, and WC.
With the bonus of nil business rates due to the vendor currently benefiting from Small Business Rate Relief, this establishment represents a great investment. The landlord is more than happy to grant a new 10-year lease to the new occupier, with the current lease having 5-yearly rent reviews and an affordable rent at £14,996 per annum.
In addition, trading hours are considerate, operating from 09:30 am to 5:30 pm from Monday to Friday, and 09:30 am to 1:00 pm on Saturdays, providing ample opportunity for profitable business operations. Currently run by two vendors, this business is tailor-made for an owner-operator looking for an exciting new venture.
•Good transport connections
• Landlord happy to grant a new 10-Year lease
Offers around £95,000 +sav | Ref: S35239G
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