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DETACHED WELL ESTABLISHED CONVENIENCE STORE, COUNTER NEWS, CONFECTIONERY, T

Price:
Freehold - £350,000
Turnover:
Register to view
Seller Ref:
G6231
Location:

Devon

Business Type:

Retail businesses

See Other:
Convenience stores for sale in Devon
Off licences for sale in Devon
General stores for sale in Devon
Confectioners for sale in Devon
Supermarkets for sale in Devon
Retail businesses for sale in Devon
Description:
THE BUSINESS:
Nationwide are pleased to offer to the market : DOUBLE FRONTED SALES SHOP in the region of 560 sq. ft. sales area. Tiled floor, suspended ceiling with fluorescent lighting and well fitted including counter, 2 tills with EPOS scanning and back-up computer, modern adjustable shelving, display gondola, 2 glass topped chest deep freezes, dairy deck open cool display unit, 1 single door glass fronted display fridge plus 1 double door glass fronted display fridge (both used for wines and beers), ice cream deep freeze (owned), CCTV system with 9 cameras, 2 monitors plus hard disc recording.

Stairs to first floor stockroom with chest deep freeze
Office
Staff cloakroom with w.c. and wash hand basin

WE ARE INFORMED the turnover averages £12,000 p.w. in our opinion offering further potential to increase in the right hands. Wholesale newsbill £800 p.w. Gross profit 20% approx. In addition the business is agents for the sale of on line national lottery tickets plus scratch cards and we understand this provides a commission of £150 p.w. The business also has Paypoint and we understand this provides a further revenue of approximately £45 p.w.

Uniform Business Rates: £2,000 p.a. approx. (after small business relief)

THIS WELL ESTABLISHED SELF SERVICE CONVENIENCE STORE WITH FULL FREE OFF LICENCE IS SITUATED IN A DENSELY POPULATED RESIDENTIAL AREA WITH THE ADVANTAGE OF 10 TOWN HOUSES BEING BUILT ADJOINING, IN OUR OPINION OFFERING FURTHER POTENTIAL FOR THE BUSINESS ONCE THESE ARE OCCUPIED.

THE BUSINESS HAS BEEN IN THE SAME HANDS FOR THE PAST 23 YEARS AND THERE ARE GENUINE REASONS FOR SALE.

PERSONALLY INSPECTED AND HIGHLY RECOMMENDED

MUST BE SEEN TO BE FULLY APPRECIATED

OFFERS INVITED TO INCLUDE THE VALUABLE FREEHOLD PROPERTY, GOODWILL, FIXTURES & FITTINGS in the region of £350,000 plus STOCK AT VALUATION (£15,000/£16,000 approx).
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT
Location Details:
Densely populated residential area, DEVON
Trading Hours:
6 a.m. - 9 p.m. seven days per week
Accommodation:
The SELF CONTAINED accommodation DOUBLE GLAZED in our opinion would benefit from the installing of Central Heating, comprises:

2 Double Bedrooms
Fully tiled shower room with shower, bidet, w.c. and wash hand basin
Large Lounge
Fitted kitchen/dining room

Patio area plus garden (needs attention) plus adjoining land in our opinion having potential for development as a further garden area or indeed could be used to extend the property, subject to obtaining the necessary planning permission.
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