Busy Convenience Store with Accommodation

LE8 6LB Leicester


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Hilton Smythe View more business for sale by this agent

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and busy convenience store in the village of Whetstone, Leicestershire. The business was established in 1984 and has been in our clients careful ownership since 1994. Only now is the business being offered to the market due to our clients desire for a well-deserved retirement.
 
The business operates 6½ days per week and generates a turnover in the region of £245,000 per annum, with a gross profit of approximately 25%.  The turnover is generated from the sale of a wide range of everyday products including fresh goods, alcohol, groceries, newspapers and magazines, confectionery and tobacco, to name a few. The premises are well-equipped to suit the trade with a spacious shop area with numerous display units and a large counter with two EPOS terminals.
 
The business has built up an enviable reputation within the area for the high quality of the goods and service offered, which has resulted in a very loyal client base with a high volume of repeat trade and word of mouth recommendations. We feel the store could be utilised further by extending the range of products available. We are advised that there are plans for further housing developments within the area.
 
We feel there is scope to increase the turnover by extending the opening hours of the business. A new owner could also embark on a small marketing campaign to highlight the business and the services offered. This is an excellent opportunity for a new owner to take this well-established and popular business to the next level; therefore early viewing must come highly recommended.


LOCATION
Brookside Stores (Londis) is ideally located in a prime trading location within the village of Whetstone, Leicestershire. The business benefits from ample parking facilities to the front and side of the property. The convenience store also benefits from a high volume of footfall and passing trade, being positioned near a busy roundabout with densely populated residential areas surrounding the property.
 
Whetstone is a village in the Blaby district of Leicestershire and has a residential population of approximately 12,000. There are two schools within the village, both primary schools. Whetstone is a very popular place in which to live and work, due to its close proximity to Leicester.
 
The area of the property is well-served by the public transport system, with bus stops within easy walking distance of the business. The nearest railway station is approximately 1½ miles away in Narborough. The area is also well-served by the A-roads, with the A426 within easy driving distance, which links to the national A-road and motorway networks. Leicester is just over 6 miles away and Market Harborough is 16 miles away.

PREMISES
Large detached two-storey premises in an ideal trading location, briefly comprising:
 
Ground floor with:
 
Main sales and display area with:
 
Central display aisle.
2 x chest display freezers.
Two single door drinks chiller unit.
1 open door drinks chiller unit
Large double chiller unit with pull down shutters
Single door drinks chiller unit.
Newspaper and magazine display racking.
2 x greeting card display stands with drawers.
Ice cream freezer
Perimeter shelving.
Serve over counter with 2 x EPOS terminals, credit/debit card facilities, Lottery terminal, coffee machine and tobacco gantry to rear.
 
Office with desk & chair and CCTV system with 2 x cameras.
Staff WC.
Rear stock room which is fully racked and shelved.
Hallway with door to rear yard and stairs to first floor.
 
First floor with:
 
Large lounge.
Fully fitted kitchen/diner with a range cooker and wall/base units.
Bathroom with separate shower cubicle.
Master bedroom with fitted wardrobes.
Double bedroom with a dressing room, which could be used as a single bedroom.
 
External with:
 
Parking available to the front and side.
Owners parking area to rear for 2 x vehicles.
Well signed.
Audible alarm system.
Double garage, a quarter of which is partitioned for storage.

TENURE
We are advised Freehold.
HOURS
The business is open:
 
Monday – Saturday:  6.30pm – 7.30pm
Sunday:   7.00am – 1.00pm

STAFF
The business is owner run and managed with 1 x full time and 2 x part time staff members.
FINANCIAL PROFILE
The business generates a turnover in the region of £245,000 per annum, with a gross profit of approximately 25%.


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business information

Sale price: £239,950
Tenure : Freehold
Status: Available
Sectors:
Convenience Stores
Greengrocers
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