Convenience Stores for sale in Falmouth

View the "Established Community Convenience Store in Falmouth" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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S Martin (Feb 2013)
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Leasehold Price: £65,000
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Business Description
Circa 380 sqft plus store
2 bedroom owners' accommodation
Consistent trade and profits
New secure lease
Energy Performance Asset Rating (D)
Tenure: Leasehold

Location Details:

Trescobeas Store occupies a prominent trading location on a residential estate, close to the popular harbour town of Falmouth. Falmouth has seen significant investment in recent years in its infrastructure, residential and commercial property and indeed the university, which has brought great prosperity and interest to the town.

Leasehold Term:

We are advised the turnover is in the region of £300,000 (net of VAT), with a gross profit level of 22%. The business is to be sold with the benefit of a new Local Authority 18-year lease commenced October 2015, with a current passing rental of £5,500 for the first year, rising to £6,500 in the second year and £7,500 in the third year, then reverting to a regular 3-year rent review pattern.

Listed by: Miller Commercial
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