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Thriving Convenience Store for Sale in Horrabridge Devon, No Direct Competition

Horrabridge, Devon
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CONVENIENCE STORECONVENIENCE STORECONVENIENCE STORECONVENIENCE STORECONVENIENCE STORECONVENIENCE STORECONVENIENCE STORECONVENIENCE STORECONVENIENCE STORECONVENIENCE STORECONVENIENCE STORECONVENIENCE STORECONVENIENCE STORE
  • Status

    FOR SALE

  • Date Submitted:

    24/04/24

  • Advert ID

    610290

  • Reference

    G35996N / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £515,000
  • Turnover: £520,483 (£10,009 Per week)
  • Net Profit: Not Applicable

Business Details

CONVENIENCE STORE



Unopposed CONVENIENCE STORE, taking £10,000+ ex Vat per week plus commissions, substantial and desirable WEST DEVON village, within easy reach of the City of PLYMOUTH, and the town of TAVISTOCK, situated within DARTMOOR NATIONAL PARK yet easily accessible, close commuter and holiday routes. Occupying central village trading position, fronting primary route through the village, popular with walkers and cyclists, with bus stops close by, surrounded by popular residential housing, benefiting from unrestricted on street car parking ensuring easy access.

A deceptive and substantial detached property, the shop area the subject of recent investment of approx. £30,000 to include new chilling equipment. Provides comprehensively fitted and equipped 'L' shaped air conditioned retail area, main storeroom, secondary storeroom, office, kitchen, and cloakroom. Benefits from spacious self-contained accommodation, previously 2 flats, now offering sitting/dining room, kitchen, 3 double bedrooms, bathroom, utility/cloakroom, courtyard garden, and car port, with added benefit of gas central heating and uPVC framed double glazing, ideal for owners.

Thriving business with no direct competition and increasing sales, same ownership last 17 years, benefits from Post Office Local, Paypoint, Lotto & EVRI proving popular. Sales 2023 £520,483 ex Vat, additional Commissions £6,356, combined Gross Profit £138,328 (26%), all from favourable hours, closing 8.00pm latest. A most efficiently managed business which can be operated by 1 person/staff member the majority of the time, the owners predominantly operating in a supervisory capacity, potential adjusted Net Profits in excess of £90,000 to owner operators, with further opportunities still available to develop the business.

Freehold £515,000 sav Ref: G35996N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.

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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'CONVENIENCE STORE - G35996N / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.