Greengrocers for sale in Leicester

View the "Convenience Store & Off Licence Leicester" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £80,000 Turnover: £222,051 Gross Profit: £74,430
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Business Description
Hilton Smythe welcomes to the market Norwich Road Food Store, which is a family run business; established by our client in 1984; who is now looking forward to retirement.

Norwich Road Food Store is the local convenience store and off licence in the area, serving a highly populated residential area and creating a high footfall.

The shop sells groceries, newspapers and magazines, wines, beers and spirits, Lottery and also has an ATM.

There is scope to develop the business further by having a website and social media page to promote the business further.

Hilton Smythe highly advise early viewing to avoid disappointment.

Norwich Road Food Store is located in the City of Leicester, near the junction of A6 and A563 in a well populated residential area, within a small parade of local shops.

There is free parking directly outside the premises.

To the front of the shop there is parking and the premises itself is set on the road with door leading directly into the main shop area.

Shop area has 3 aisles for food and groceries, these are surrounded by wall mounted shelving and stands newspapers and magazines along with more food stands, upright display freezer, chest display freezer, 5 tier drinks fridge, ATM and main counter.

The counter has confectionery to the front, a Lottery machine, alcohol and tobacco behind.

Off the main shop is the main store room with storage racking and tobacco store. There is also a further storage cupboard and a separate staff toilet.

The shop has a CCTV system with multiple cameras.

We are advised the business is being sold as a leasehold business opportunity.

There ARE 11 years remaining on the current lease and an annual rent of £10,000.

The business opening hours:

Monday-Saturday: 7am – 7pm

Sunday: 8am – 1pm

The shop could be open later into the evening and longer hours on Sunday.

The business is run and managed by our clients, with the help of 2 part time members of staff.

Norwich Road Food Store generated an advised turnover of circa £222,051 as of the 2016 accounts, with a gross profit of 33%.

Tenure: Leasehold

Listed by: Hilton Smythe
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