Business for Sale in MODBURY, DEVON - GIFT, GREETINGS CARD & LIFESTYLE - Freehold: £275,000

Key Information

Ref
MG33847N
Type
Retail Businesses: Gift Shops
Location
England: Devon
Tenure
Freehold
Status
For Sale
Annual Sales
£86,423 Ex Vat
Accomodation
3 Bedrooms
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Eclectic GIFT, GREETINGS CARD & LIFESTYLE store, desirable SOUTH HAMS market town, occupying prime MODBURY town centre trading position, highly visible, fronting main thoroughfare, nestled amongst other popular businesses. Eye catching double fronted character property, deceptively spacious and very versatile, extending over 3 floors, offers numerous options, potential for 3 bedroom accommodation. Ground floor retail area with storage, attractive rear stairway to upper floors, first floor kitchen, living areas and bathroom, previously used for catering purposes, currently used for storage in connection with other unrelated business, could be sublet, the property benefiting from additional side entrance enabling the upper floors to be self-contained. Three second floor rooms, currently rented out on a day rate basis to self-employed consultants, provide lucrative additional income. A popular growing business with year on year sales growth, easily manageable, niche retail lines ensuring a strong following and recommendations received, Sales 2018 £86,423 ex Vat, Gross Profit £41,251 (48%), enjoying low day to day overheads, additional room rental should new owners continue to rent out. Freehold £275,000 sav Ref: MG33847N

Copyright © EM & F Group Limited 2018 - Company No: 03035561 - VAT: 631 4000 02