Business for Sale in EXETER, EAST DEVON - CONVENIENCE STORE & POST OFFICE - Leasehold: £195,000

Key Information

Ref
G33799N
Type
Retail Businesses: Convenience Stores
Location
England: Devon
Tenure
Leasehold
Status
For Sale
Annual Sales
£378,113 Ex Vat
Accomodation
3 Bedrooms
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Unopposed CONVENIENCE STORE incorporating POST OFFICE, sought after and vibrant EAST DEVON village, close EXETER and coastal destinations. Substantial property, occupying prominent main road trading position passing through the village, highly visible, unrestricted on street car parking in front and nearby, surrounded by popular and affluent residential housing, new developments taking place close by. Comprehensively equipped air conditioned retail area, storage, offices and cloakroom, optional 3 self-contained 3 bedroom accommodation, currently rented out at the rate of £850 per month. Well known popular business, under current ownership in excess of 15 years, currently under traded and predominantly staff run to suit owner’s lifestyle, closing 6.30pm latest, ample scope to extend opening hours and/or increase product lines/services, potential for bake off. Sales 2016 £378,113 ex Vat, Gross Profit 20%, additional Post Office Remuneration approx. £23,000, potential Sales estimated in region of £600,000, has previously achieved Sales of £570,719 ex Vat, proves most profitable, ideal for owner operators. Leasehold £195,000 sav Ref: G33799N

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