Established Newsagents & Tobacconist in Devon

Price:

Leasehold - £49,500

Turnover:

Seller Ref:

628

Location:

Devon, Braunton

Business Type:

Retail businesses

See Other:

Gift shops for sale in Devon
Newsagents for sale in Devon
Toy shops for sale in Devon
Retail businesses for sale in Devon

Description:

THE BUSINESS:

This well known business is centrally located in the lovely Devon village of Braunton, two miles from the seaside at Saunton & Croyde. It was first established 60 years ago and has traded successfully for a number of years. Current turnover is £280,000 p.a producing a GROSS PROFIT of £81,000 (29%)

The shop is held on the balance of a 10 year lease from 2007. The annual rental is £11,500 p.a . Counter sales are complimented by 17 deleivery rounds around the village plus servicing papers to nearby hotels. Other retail sales include confectionary, tobacco, toys, games, stationery, fancy goods and souvenirs.

The business is run by a husband and wife team, ably assisted by 3 staff ( working a total of 74 hours per week) and a pool of paper boys/girls. No previous experience is required to run this business and our clients are pleased to provide a period of training/hand-over.

Location Details:

Central trading position in Braunton on the North Devon coastline.

Lease Terms:

Balance 10 years from 2007