Convenience Stores for sale in Somerset

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Adam Warren (Jan 2017)
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Leasehold Price: £69,950 Price Reduced Annual Turnover: £408,072
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Business Description
Very profitable VILLAGE CONVENIENCE STORE, benefits from POST OFFICE having 'Community' status, situated on SOUTH SOMERSET/DORSET border, close desirable SHERBORNE, at the heart of the attractive BLACKMORE VALE, surrounded by countryside. Enjoying prominent trading position, situated at the centre of this substantial village, lying on the A30/A357 crossing, fronting main thoroughfare, easily accessible with parking adjacent, surrounded by residential housing, benefiting from both local and passing trade. A character well-presented and fitted property, provides spacious retail area with modern service/open plan Post Office counter, storage, office, kitchen and cloakroom facilities, also benefits from self-contained 2 bedroom flat and self-contained 1 bedroom flat, can be rented out, produces rental income of £10,800 per annum, makes net rent payable for shop less than £25 per week. Well managed efficiently run business, Sales 2017 £408,072 ex Vat (please note this total INCLUDES flats rental of £10,800pa, as well as Lottery + Paypoint of £133,631, with net retail sales being £263,760), Gross Profit £68,922, additional Post Office Income £19,500, produces adjusted Net Profits in excess of £50,000 to owner operators, trading favourable hours, closing 6.00pm latest. Leasehold £69,950 sav Ref: G/S33708X

Tenure: Leasehold

Listed by: Everett Masson and Furby

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