Retail premises for sale in Queens Road, Clarendon Park, Leicester LE2, £110,000

110,000.00

Offer Nr.:
62831546
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Everett Masson & Furby
Phone(s):
01858 513875

* Leasehold
Step into the thriving community of Clarendon Park in Leicester, and you'll
find a vibrant, leasehold Post Office up for grabs. Brought to the market by
emf, this thriving business not only offers standard post office services but
also sells a dynamic range of stationery, from envelopes and files to pens,
greeting cards, and gift wrap. Situated in a lock - up unit on a bustling high
street, it finds itself nestled amidst an eclectic mix of local independent
shops, bars, and cosy bistros.
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.
•Lock - up shop
•Prime position
•Good transport connections
• Landlord happy to grant a new 10 - Year lease
Offers around £110, 000 +sav | Ref: S35239G

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