Profitable Off License & Convenience Store Based in Hinckley

Hinckley, Leicestershire
REF: INT3286

Asking Price:
£40,000
Annual Turnover:
£208,000
Annual Net Profit:
TBC
Under Offer
REF: INT3286
Photo of Profitable Off License & Convenience Store Based in Hinckley
Photo of Profitable Off License & Convenience Store Based in Hinckley
Photo of Profitable Off License & Convenience Store Based in Hinckley
Photo of Profitable Off License & Convenience Store Based in Hinckley

Overview

Tenure:
Leasehold
Established:
2014
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Well Equipped Business

Established in 2014, this family-run business is located in a prime central area of Hinckley, Leicestershire, offering excellent visibility and steady footfall.

Renowned for its quality and service, the store provides a diverse range of products, including alcohol, groceries, confectionery, and lottery services. With a loyal customer base, a 5-star hygiene rating, and no immediate competition, it enjoys a strong reputation and solid community support.

The property presents significant growth potential, including the opportunity to add takeaway or café services to diversify income streams. A flexible new lease is available, with the option to include 2 upper-floor flats for owner accommodation or rental income.

This is a unique opportunity for an entrepreneur to take over a well-established, highly regarded business with a strong foundation and considerable scope for expansion.

Situated at a busy road junction near the Britannia Shopping Centre, the business enjoys excellent visibility and passing trade.

The premises feature approximately 600 square feet of well-maintained retail space with a modern layout. 2 aisles provide ample display room, and the counter is conveniently located at the rear of the store. Behind the retail area, there is a stockroom, a small kitchen, and a toilet. A rear exit ensures efficient stock handling and deliveries. All fixtures and fittings are included in the sale, enabling the new owner to continue operations immediately.

The vendor recently resumed control of the store after leasing it out, allowing for the business to be revitalised under direct family management. A cost-effective parking space opposite the store is also rented at just £25 per month.

This business presents significant opportunities for growth. With sufficient space, the store could introduce takeaway food or a coffee service to attract new customers. Currently, the business does no marketing, leaving substantial room to increase visibility and customer engagement through online and offline campaigns.

The vendor is open to including 2 upper-floor flats in the lease, which could provide rental income or serve as owner’s accommodation. Additionally, a neighbouring fast-food takeaway is currently closed, creating a possible avenue for expansion or partnership.

With a strong reputation, a prime location, and untapped potential, this business is a fantastic opportunity for a new owner looking to capitalise on its existing success.

Features

Key Information

  • Lottery: Yes

Reputation

  • Google: 5

Location

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  • High Street Location
  • Close to Local Businesses
  • High Footfall
  • Nearby Car Parking

Property

Annual Rent
£12,000
Annual Rates
TBC
Lease Term (Years)
10
Lease Expiry (Year)
2034
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
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Number of Employees
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Current Ownership
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