Maximal Lincoln, Lincolnshire, LN2 5PG

Lincoln, Lincolnshire
Leasehold Price:
Find more details, or book a viewing:
Advert ID
13862 F / Rightbiz


The business has been operated by the current occupier for just over 12 months and has been part of his business expansion plans. His plan is to move back to Lithuania and start a wholesale business from there.

The business sells Lithuanian produce which includes tinned and packet foods a huge range of spices and delicacy’s as well as hosting a new meat counter to the rear of the store selling a range of traditional meats and sausages.

There is an addition to the rear of the store where the current operator has added a bread and pastry section with sweets and Lithuanian delicacy’s also available.

The store is extremely well stocked providing a large range of beers wines and spirits. The business has a strong and loyal following within the community which is continually growing. The store could also benefit from stocking a range of produce from the UK to service the local residents and student community.

Located in Lincoln on the very busy and popular Monks Road. The business is located on the main transport routes into and out of Lincoln town centre.

The premises are situated facing Monks Road in a busy and popular residential area next to the Lincoln college as well as the post office and Monks Road sports and social club.

Ground floor shop which has been extended through to the premises next door to provide a larger service area.

Very well stocked and immaculately presented having been completely refurbished in the last 12 months.
Sales counter, display shelving units, wall units, shelving, display freezers and drinks fridge, Cold meat display counter and meat slicing machine, bread storage and display units.
Shutters to the front and CCTV system, electric scales credit/debit card machine.
Office and store room to the rear of the premises with further freezer storage, WC and hand wash basin, computer and security monitoring.
Space to the front of the store for refuse collection with steps and handrail.

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

Current rent passing at £17,000 per annum.

The business is currently operating seven days a week Monday to Sunday 9am to 10pm.

The business is run and managed by the current vendor with the assistance of three-part time staff members.

We are advised the business is currently turning over in the region of £6,700 per week with a gross profit in the region of 25%.

The current rates payable are £4,000 per annum.

The business has been trading for just over a year which is what the figures are based on (2017).
The vendor has another store in Newark that he will also be looking to sell in the next 12 months.

Listing Details
Leasehold Price: £63,950
Tenure: Leasehold
Sector: Supermarkets, Convenience Stores, Newsagents
Annual Turnover: £350,000
Key Features
  • Price Reduced
Street View
Listing Statistics
Impressionsi: Login to view
Enquiriesi: Login to view
Interestedi: Login to view
Watchingi: Login to view
Date Ad Submitted: Login to view
Last Viewedi: Login to view
Last Updatedi: Login to view
Last Enquiry Received: Login to view
Request More Details
Or, arrange a viewing
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Request More Details
Or, arrange a viewing
Contact the seller for more details, or book a viewing
Be specific on the type of details you wish to receive from the seller. This, encourages communication with both yourself and the seller and makes the process smoother.
After my message, what's next?
The seller will be notified instantly that you have sent a message. Please note that replies made back are entirely dependable on the seller.
How will I know the seller has replied?
Once the seller has read your message and replied to you. You will be notified immediatley via email. If the seller is using an agency/broker on their behalf, then an agent will be in touch with you either via your contact number or email.
The data showed regarding this advert 'Maximal Lincoln, Lincolnshire, LN2 5PG - 13862 F / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.