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​NEWSAGENTS SWEET SHOP

Tiverton, Devon
Leasehold Price:
£35,000
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Status
FOR SALE
Advert ID
239942
Reference
TZ33046N / Rightbiz

Details

NEWSAGENTS/SWEET SHOP, prime TIVERTON town centre trading position, fronts main shopping thoroughfare of this important MID DEVON town, surrounded by national retailers, close car parks, enjoys substantial pedestrian foot flow. Eye catching and well-presented lock-up premises, recently refurbished, extensively equipped to include soft ice cream machine acquired at substantial cost, provides retail area, service counter, storage/office, kitchen and cloakroom facilities, enjoys favourable overheads despite town centre trading position, now enjoying 100% business rate relief. Established well known business, name in existence within the town since 1954, benefits from being National Lottery outlet, daytime trading only, closing 5.30pm latest, Sales 2018 £288,311 ex Vat, Gross Profit £78,201, equates to excellent 27%, sound levels of profitability, Net Profits in excess of £40,000 to working couple, excellent levels of regular repeat trade, very well organised and easily manageable. Leasehold £35,000 sav Ref: TZ33046N

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
Seller Details
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Listing Details
Leasehold Price: £35,000
Tenure: Leasehold
Location: Tiverton, Devon
Sector: Convenience Stores, Newsagents
Financials
Annual Turnover: £288,311
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