Business for Sale in Devon CONVENIENCE STORE

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