CONVENIENCE STORE IN PICTURESQUE VILLAGE LOCATION
Price:
Freehold - £329,950
Location:
Cornwall, Hayle
Business Type:
Retail businesses
? COMPREHENSIVELY EQUIPPED
? APPROXIMATELY 424 SQ FT
? TURNOVER APPROACHING £270,000 (NET OF VAT)
? DELIGHTFUL 2-BEDROOM OWNERS’ COTTAGE WITH LOUNGE, KITCHEN, DINING ROOM & FAMILY BATHROOM
? GARDENS, PARKING AND GARAGE
? AMPLE CUSTOMER PARKING
? IDEAL HUSBAND & WIFE OPERATION
THE PROPERTY/BUSINESS
Our client has traded the business for approximately 3 years, during which time the stores have been subject to numerous improvements. The convenience store briefly comprises a well fitted sales area of approximately 424 sq ft, with a small store room/staff room to the rear. The business is equipped to retail a range of day-to-day groceries, cigarettes and tobacco, wines and spirits, newspapers and magazines. Our clients have recently installed an oven and hot cabinet for the sale of pasties, sausage rolls etc. A Pay Point machine has also been fitted during our client’s tenure.
Located to the rear of the retail sales area is a delightful 2-bedroom owners’ cottage with private gardens and parking, a well appointed kitchen, dining room, sitting room and family bathroom. Our client currently trades this successful retail business under management 7 days a week and the business would be ideally suited for a husband and wife team plus 2 part-time staff. The hours of trade are currently 8am – 7pm, Monday to Saturday and 9am – 6pm on Sunday. We are advised the trading profit and loss accounts for the year ending 1st March 2010 show a net turnover of £269,222 producing a gross profit of £40,678 and a reconstituted net profit of £15,492, after deducting wages of £12,581. Further accounting information will be made available to prospective purchasers subject to a viewing appointment in the normal manner.
Reawla Village Stores enjoys a prominent trading position on Relistian Lane, with good road connections to Hayle, Camborne and Helston. The village itself has seen considerable residential development over recent years and the shop enjoys the benefit of passing trade.
North Yorkshire
£ 750,000
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