Detailed Description
BM Estates are pleased to present this excellent opportunity to acquire a running convenience store and off-licence business located on Alan Moss Road, Loughborough, LE11 5LR. This long-established business occupies a prominent corner plot in a busy residential neighbourhood with strong footfall and excellent visibility. Alan Moss Road is a well-connected thoroughfare in Loughborough, benefiting from proximity to both the A6 and town centre, making it an ideal location for a retail operation. The surrounding area is made up of dense residential housing, local schools, parks, and public transport links-providing a reliable and loyal customer base.
The premises operate under the reputable Bargain Booze franchise and come fully fitted and stocked, with a strong reputation built over the years. A key benefit of this unit is the on-site Post Office, adding substantial footfall and increasing customer visits throughout the day. Inside, the shop is well laid out with aisles for groceries, snacks, chilled goods, and a large selection of alcohol and soft drinks, along with tobacco and general convenience items.
This is the perfect area for an off-licence and convenience store due to the consistent demand for local, accessible shopping options. The densely populated area ensures a steady stream of trade throughout the week, while the addition of the Post Office further strengthens its draw as a local hub.
The business is available for sale at a goodwill price of £135,000, which includes all fixtures, fittings, equipment, and stock necessary to continue trading immediately. This figure reflects the established reputation, regular customer base, and additional footfall generated by the on-site Post Office.
The current annual rent for the commercial premises is £16,500, offering excellent value considering the location, size, and dual-purpose nature of the store (retail and Post Office).
In addition to the shop, there is a residential house attached to the property, which presents an excellent rental opportunity or potential accommodation for the business owner. This house can be rented separately for around £14,400 per annum, providing an additional income stream or convenience for owner-occupiers.
Full financial information, including weekly takings and overheads, will be made available to serious prospective buyers during viewings. These figures will be provided directly by the current owners to ensure full transparency and clarity.71:Ta30,Detailed DescriptionBM Estates are pleased to present this excellent opportunity to acquire a running convenience store and off-licence business located on Alan Moss Road, Loughborough, LE11 5LR. This long-established business occupies a prominent corner plot in a busy residential neighbourhood with strong footfall and excellent visibility. Alan Moss Road is a well-connected thoroughfare in Loughborough, benefiting from proximity to both the A6 and town centre, making it an ideal location for a retail operation. The surrounding area is made up of dense residential housing, local schools, parks, and public transport links-providing a reliable and loyal customer base.
The premises operate under the reputable Bargain Booze franchise and come fully fitted and stocked, with a strong reputation built over the years. A key benefit of this unit is the on-site Post Office, adding substantial footfall and increasing customer visits throughout the day. Inside, the shop is well laid out with aisles for groceries, snacks, chilled goods, and a large selection of alcohol and soft drinks, along with tobacco and general convenience items.
This is the perfect area for an off-licence and convenience store due to the consistent demand for local, accessible shopping options. The densely populated area ensures a steady stream of trade throughout the week, while the addition of the Post Office further strengthens its draw as a local hub.
The business is available for sale at a goodwill price of £135,000, which includes all fixtures, fittings, equipment, and stock necessary to continue trading immediately. This figure reflects the established reputation, regular customer base, and additional footfall generated by the on-site Post Office.
The current annual rent for the commercial premises is £16,500, offering excellent value considering the location, size, and dual-purpose nature of the store (retail and Post Office).
In addition to the shop, there is a residential house attached to the property, which presents an excellent rental opportunity or potential accommodation for the business owner. This house can be rented separately for around £14,400 per annum, providing an additional income stream or convenience for owner-occupiers.
Full financial information, including weekly takings and overheads, will be made available to serious prospective buyers during viewings. These figures will be provided directly by the current owners to ensure full transparency and clarity.72:T5a4,Please note the charges listed below are the maximum fees that will be applied unless stated otherwise.
Fees/Charges in England from 1st June 2019
Permitted Charges in accordance with the Tenant Fee Act 2019 for an Assured Shorthold Tenancy.
Holding Deposit max one week's rent.
First months rent in advance.
Tenancy Deposit 5 or 6 weeks depending upon the rental amount.
Early termination(when requested by the tenant) a charge not exceeding the financial loss experienced by the landlord.
Late Rent interest charged at 3% above the Bank of England base rate when rent is more than 14 days late.
Lost key equivalent to the cost incurred (or security device).
Changing tenancy documents(after the commencement of tenancy) £50 inc VAT
Non-Housing Act tenancy fees not affected by the Tenant Fee Act 2019:
Tenancy Agreement £300 inc VAT. Extension Agreement £125 inc VAT
Company Reference £175 inc VAT. Administration £50 inc VAT
Damage Fee £90 inc VAT. Guarantor Reference per guarantor £100 inc VAT
Deed of Guarantee £75 inc VAT. Check-In (minimum fee) £72 inc VAT
Arrears Fee £30 inc VAT Overpaid Rent Return £25 inc VAT. Pet Licence £75 inc VAT
bm Estates is a member of and covered by the Money Shield Client Money Protection Scheme. Bm Estates is also a member of a redress scheme provided by The Property Ombudsman.