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• A WELL ESTABLISHED CONVENIENCE STORE

Price:
Freehold - £395,000
Seller Ref:
B32476
Location:

Cornwall, St Austell

Business Type:

Retail businesses

See Other:
Convenience stores for sale in Cornwall
Retail businesses for sale in Cornwall
Description:
THE BUSINESS:
•EXCELLENT TRADING PITCH IN A POPULAR RESIDENTIAL AREA
•WELL FITTED RETAIL SALES AREA WHICH IS COMPREHENSIVELY EQUIPPED
•EXTENSIVE PRODUCT RANGE TO INCLUDE NEWSBILL AND
OFF-LICENCE
•SUBSTANTIAL TURNOVER APPROACHING £500,000 PER ANNUM
The premises briefly comprise a sales area; to the rear of which is a store room, and office whilst on the first floor is a generously proportioned flat (approached by an external staircase).

The owners’ accommodation comprises:
On the first floor: Large Living Room, Bedroom and Bathroom. Whilst on the second floor there are two additional bedrooms.

Outside to the rear of the property there is a covered area for 4 vehicles and a container for stock storage purposes. We are informed planning consent has been granted for the removal of the container and the construction of a purpose-built store.

Our clients acquired the business in 2004 and successfully trade under the Best-One banner. The shop retails a comprehensive product range to include general groceries, pet foods, household goods, tobacco, newsbill and magazines, dairy products and frozen food, in addition to which there is an off-licence department.

Turnover for the year ending 31 May 2010 amounted to £483,847, producing a gross profit for the period of £117,378 and reconstituted net profit of £71,149. Detailed accounting information will be made available to prospective purchasers subsequent to viewing.
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