Q&A with Marcus Vinnicombe, UK Property Acquisitions Director at One Stop

Name: Marcus Vinnicombe

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Role: UK Property Acquisitions Director at One Stop

Who are One Stop?

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One Stop Stores Limited is a retail convenience business with over 1,000 company and franchise neighbourhood stores across Great Britain. It employs more than 10,500 colleagues.

The majority of its stores open seven days a week from 7am to 10pm and offer local communities a range of convenience food and household goods. For added convenience, many stores offer additional services including free cash machines, Post Office, PayPoint (for paying utility bills), lottery and mobile electronic top-up.

One Stop is a subsidiary of Tesco which acquired the stores in 2003. It operates as a separate business from its Store Support Centre in Brownhills, Walsall, West Midlands and services its stores from 3 distribution centres in Brownhills, Nursling (Hampshire) and Wakefield (West Yorkshire).

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How many locations do One Stop currently have?

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One Stop currently has 700 company-owned stores and 300 franchise stores.

Target locations?

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We are looking for roadside, local centres and neighbourhood parade opportunities.

How many new locations are you targeting?

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One Stop are targeting Circa. 100 more stores over next 2 –3 years.

Size requirements?

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Our ideal size requirements are 2,500 – 3,000 sq ft gross

Additional requirements?

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We require 14 dedicated parking spaces, free to use on-street parking or car park adjacent to the location.

Planning consent?

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Class E (Retail)

Freehold or Leasehold?

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Leasehold

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Contact details:

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Email: acquisitions@onestop.co.uk

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Tel: 01543 363643

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