Business for Sale in BRADWORTHY, DEVON - CONVENIENCE STORE - Freehold: £499,950

Key Information

Retail Businesses: Convenience Stores
England: Devon
For Sale
Annual Sales
£496,672 Ex Vat
4 Bedrooms
Post Office Remuneration
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Growing VILLAGE STORES, short drive from the spectacular NORTH DEVON coast, situated in large desirable WEST DEVON village, enjoying central trading position within BRADWORTHY, just off the famous square, drawing trade from wide catchment area. Large very deceptive property, offers very spacious family accommodation, rarely available with businesses of this nature, considered most valuable, totally self-contained, extending over 2 floors, currently provides utility, kitchen/breakfast room, conservatory/dining room, family room, formal lounge, 4 double bedrooms and bathroom, benefits from good size enclosed rear garden, enjoys pleasant aspect. Modern retail area complete with Post Office Local counter, well organised into a number of sections, having benefited from new equipment in recent years. Established business, same owners last 17 years, increasing Sales with recent year on year growth in excess of 7%, Sales 2019 £496,672 ex Vat, Post Office Commission approx. £14,000, Gross Profit margin 21%, proves most profitable, adjusted Net Profits in excess of £50,000 even with owner only working 9 hours each week in the business, considerably higher Net Profits achievable if owner operated.

Freehold £499,950 sav Ref: GZ33433N

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