Gift Shops for sale in Salcombe

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Salcombe, Devon, England

  • Freehold Price: £252,500  Price Reduced arrow_drop_down
  • Annual Turnover: £91,458
Seller Reference: TY34096N
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Business Description
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Seller Reference: TY34096N
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Business Description
Rare FREEHOLD TOY/GIFT/BEACH SHOP, highly sought after SALCOMBE, considered one of the most desirable coastal locations in SOUTH DEVON and the UK, enjoying a spectacular waterside setting. Prime positioned trading premises, fronting the main shopping/pedestrian/vehicular thoroughfare of the town, most valuable and where premises are always in demand, nestled amongst other independent and national retailers, close harbour, ferry, hotels and apartments, ensures huge pedestrian foot flow during the summer months. Eye catching premises, front and rear retail areas, storage and cloakroom, would suit a variety of retail uses (could possibly be made available without stock). Established unopposed popular business, in existence approx. 20 years, retailing wide range of toys/gifts/beach goods for all ages, top brands stocked, operated on a seasonal basis, trades approx. 11 months each year albeit weekends only some months, still proves most profitable. Easily manageable and can be operated by one person, Sales £91,458 ex Vat, Gross Profit £36,785 (40%), minimal overheads, producing Net Profits approaching £30,000, rare opportunity. Freehold £252,500 sav Ref: TY/MG34096N

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