Q&A with Marcus Vinnicombe, UK Property Acquisitions Director at One Stop
Name: Marcus Vinnicombe
Role: UK Property Acquisitions Director at One Stop
Who are One Stop?
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).
How many locations do One Stopcurrently have?
One Stop currently has 700 company-owned stores and 300 franchise stores.
We are looking for roadside, local centres and neighbourhood parade opportunities.
How many new locations are you targeting?
One Stop are targeting Circa. 100 more stores over next 2 –3 years.
Our ideal size requirements are 2,500 – 3,000 sq ft gross
We require 14 dedicated parking spaces, free to use on-street parking or car park adjacent to the location.
Class E (Retail)
Freehold or Leasehold?
Recent openings or new locations in the pipeline?
Recent openings include the following:
Blackwood Road, Sunderland
Opened on: 26th October 2023
Newbridge Court, Middlesbrough
Opened on: 21st September 2023
Millbay Road, Plymouth
Opened on: 25th May 2023
High Street, Tooting
Opened on 9th May 2023
Whitworth Terrace, Spennymoor
Opened on: 1st September 2023
Middlestone Moore, Spennymoor
Opened on: 2nd September 2022
Tel: 01543 363643