Business for Sale in MODBURY, Devon GIFT SHOP & GREETINGS CARD OUTLET

Leasehold Price £49,500

Key Information

Reference
MG35502N
Tenure
Leasehold
Status
For Sale
Region
Devon
Sector
Gift Shops
Annual Sales
£104,443.00 Exc. VAT
Accommodation
No

Business Information

Renowned GIFT SHOP & GREETINGS CARD OUTLET, desirable SOUTH DEVON, close to coast, situated within the sought after SOUTH HAMS town of MODBURY, host to both local residents and holidaymakers. Occupying one of the best trading positions in the town, centrally positioned on the main shopping thoroughfare, also the primary vehicle thoroughfare of the town, a busy tourist route, surrounded by other popular businesses and residential areas, close main car park.

Eye catching character double fronted premises, most attractively presented, offering well fitted retail area, some storage and cloakroom facilities. Enjoying particularly favourable overheads, rent approx. £125 per week, receives 100% business rate relief, other premises costs being minimal assisting in boosting overall profitability.

A real destination business, popular with the local community and visitors, same owner in excess of 20 years, stocking quality affordable items from top well known suppliers which are exclusive to the store in the local area proving lucrative. A well organised efficiently run profitable business, Sales 2022 £104,443 ex Vat, Gross Profit £51,099, the low premises costs ensuring sound levels of profitability, in particular if owner operated, the business being easily manageable and can be operated by one person.    

Leasehold £49,500 sav Ref: MG35502N

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