Business for Sale in TOTNES, Devon HOME & KITCHENWARE STORE

Key Information

Reference

HA35897N

Tenure

Freehold, Leasehold

Status

For Sale

Region

Devon

Sector

Homeware Stores

Annual Sales

£506,183.00 Exc. VAT

Accommodation

No

Business Information

Famous HOME & KITCHENWARE store, occupying highly valuable TOTNES town centre trading position, where premises are always in demand. Centrally located in the town, fronting the High Street, close to Fore Street, the main shopping thoroughfares, surrounded by numerous other independent and national retailers, ensures constant and substantial pedestrian foot flow, with benefits anticipated from the construction of new residential developments.

Substantial and versatile character premises, extending over 3 floors, approaching 3,700 square feet, offering numerous retail departments, storage, and staff facilities, in addition to rear garden/yard/parking area. Opportunity to re-configure with potential for accommodation subject to obtaining the necessary planning consents.

A destination business, in existence approaching 45 years, offering an extensive number of stock lines, everything for the home and some items for the garden, stocking top brand names, and school uniform which proves lucrative. Enjoying a great deal of regular repeat trade, Sales 2024 £506,183 ex Vat, Gross Profit £242,798, equates to excellent 48%. Forecast Sales in excess of £521,500 ex Vat in respect of the current financial year, benefits from being part of buying group.

Leasehold £75,000 sav OR Freehold £725,000 sav, Ref: HA35897N