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Property Listing Details

Property details

  • 1 bedroom
  • 1 bathroom
  • 1 reception room

Features

  • Leasehold
  • Excellent Main Road Location
  • Weekly Turnover £5,500 – 6,000 approx.
  • Unused Accommodation Above The Shop
  • Viewing Highly Recommended

Listing view statistics

Last 30 days: 728 page views

Since listed: 8727 page views

Description

Reference - 45638

Description
This is an excellent and very rare opportunity to purchase a very well, established Off licence and general store with stunning potential for future growth. Occupying a prominent main road trading position in Leicester.

This fantastic Off licence and general store is located on a main road plot at the very heart of the area and within a large number of quality residential dwellings and close to local educational facilities with some limited off road parking.

Having successfully operated as a retail outlet in the village for over 20 years and under current ownership for the last 5 years, this highly renowned business has earned excellent reputation for offering the finest general goods, beers, wines and spirits. These services always come with a warm, friendly and a very local service. The business therefore enjoys an extensive and loyal customer base attracting repeat trade from the immediate vicinity.

The business operates from highly visible semi detached premises, which is presented to a very high standard with an excellent range of fixtures and fitting to go with the sale and a currently unused 1 bedroomed apartment above the business. The business comes with a full cctv package.

Cheers Off licence is a thriving and lucrative business, which is run by the owners. This business is an essential piece within the local community. Offering a large selection of Wines, beers, spirits and a whole host of general goods, all offered to the local community and the passing trade. This business operates 7 days of the week. The business offers excellent scope for future growth and improvement and would therefore ideally suit an ambitious and energetic couple or family that have the opportunity to extend and add to the stock already on offer at this excellent

business. Theses enhancements will undoubtedly increase the already impressive weekly sales whilst also enabling the additional staffing levels to be kept to a minimum therefore maximising overall profitabi

Sales
Weekly turnover - £5,500 - 6,000

Accounts
Accounts available upon request

Trading Hours
Monday – Sunday 7am – 10pm

Staff
Operated by the owners

Building Internal
Highly visible, semi detached premises occupying a prominent main road position. The main trading area covers the bottom floor with a small kitchen to the rear. A small garage at the rear of the property is currently used for storage.

Access to the apartment can be found to the towards the rear of the property.

Building External
Highly visible, semi detached premises occupying a prominent main road position. The main trading area covers the bottom floor with a small kitchen to the rear. A small garage at the rear of the property is currently used for storage.

Tenure
We are advised that the business comes to market as a Leasehold with 10 years remaining and a rent of £916 pcm.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
A fantastic opportunity to purchase a highly profitable business with terrific potential for future growth and improvement. Viewing is highly recommended.

You could get

Ultrafast broadband Ultrafast broadband

Up to 200 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Leicester 2.9 miles
  • Syston 3.6 miles
  • St Josephs Catholic Acadmey 0.2 miles
  • Scraptoft Valley Primary School 0.3 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Leicester 2.9 miles
  • Syston 3.6 miles
  • St Josephs Catholic Acadmey 0.2 miles
  • Scraptoft Valley Primary School 0.3 miles

Market stats

Sale activity

Average estimated value for a flat in LE5:

  • £118,369
  • Price decrease

  • -£6,157
  • (-4.944%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £109,057
  • Properties sold

    33

Rental opportunities

Looking for an investment? The average rent for a 1 bedroom flat in LE5 is currently:

£533 pcm

Recent sales nearby

See all recent sales in LE5
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Estimated running costs

Based on available 3rd party data

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These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

The Agent

Price history

Sold prices provided by Land Registry
12th Sep 2018 £40,000 Price reduced by £5,995
25th Jul 2018 £45,995 First listed
25th Jul 2008 £166,500 Last sold

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Property descriptions and related information displayed on this page are marketing materials provided by Kings Business Transfer. 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 Kings Business Transfer for full details and further information.