GENERAL STORE

Price:

Leasehold - £39,950

Turnover:

Seller Ref:

COM080013

Location:

Devon, Ilfracombe

Business Type:

Retail businesses

See Other:

Confectioners for sale in Devon
General stores for sale in Devon
Off licences for sale in Devon
Supermarkets for sale in Devon
Sweet shops for sale in Devon
Retail businesses for sale in Devon

Description:

THE BUSINESS:

Open seven days a week, this business is easily operated by a couple and currently is under the supervision of a family with one part time worker as and when required. The shop opens 8:00am till 10:00pm Monday to Saturday and 9:00am till 10:00pm on Sunday. It is a general store, off licence, tobacconist and confectionery also selling grocery items and some stationery.

We have been advised that the takings are between £7,000 to £8,000 per week (subject to verification). The business will be offered comprehensively equipped subject to trade inventory and stock will have to be purchased for an additional sum.

Location Details:

The premises are located on the main approach road to the seafront within approximately 200 yards of the first set of traffic lights from the town after approaching the town from Barnstaple. The property is opposite a launderette and within level walking distance of the seafront and close to Wilder Road car park, therefore very accessible fronting the main road and ideal for passing customers.

Lease Terms:

The premises are held on the balance of a 21 year lease granted in July 2006 at a current rent payable of £8,000 per annum on full repair and insuring terms. An incoming tenant will need to provide the usual bank and trade references for landlords approval. The next rent review is in 3 years time.