Business for Sale in Devon CONVENIENCE STORE

Leasehold Price £230,000

Key Information

Reference
G36172N
Tenure
Leasehold
Status
For Sale
Region
Devon
Sector
Convenience Stores
Annual Sales
£836,652.00 Inc. VAT
Accommodation
No

Business Information

Unopposed CONVENIENCE STORE, purpose built modern premises in popular SOUTH DEVON coastal town, situated on newly constructed expanding housing estate. Gross weekly sales currently more than £16,000, anticipated to increase as new houses are completed. Highly valuable easily accessible trading position, benefiting from customer car park, overlooking park and local school, surrounded by densely populated residential areas.

Exceptional eye-catching premises, substantial frontage complete with ATM & InPost parcel drop off lockers, the subject of considerable investment to reach high modern day convenience store standards with no major expenditure considered necessary. Comprehensively fitted and equipped retail area, includes a host of modern remote chilling equipment, store, office, cloakroom, useful garage, and private allocated owner’s car parking.

Popular growing and developing business, enjoys regular local trade from residents, those working in the area, and those visiting/attending the nearby school. Very well organised and managed, operated by staff on a day to day basis, only 1 person required on shop floor at times. Gross Sales 2024 £836,652, Net Sales £745,639 ex Vat, producing overall Gross Profit £148,446, and increases expected as construction of large new housing developments continue close by.

Leasehold £230,000 sav, Ref: G36172N

G36172N : Confidential Sale

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