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Attractive Convenience Store In Teignmouth For Sale

Teignmouth, Devon, UK
Asking Price:
£65,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Prime South Devon convenience store and licensed general store in the popular coastal town of Teignmouth.

This established leasehold convenience store offers counter news, off licence sales and general store products, currently taking circa £6,000 per week while operating on limited trading hours.

Located in a prime spot in Teignmouth, the business benefits from local residents, passing trade and visitors to this well-known Devon seaside town.

There is clear scope to increase sales by extending opening hours. The business was previously taking circa £12,000 per week when trading 7am to 7pm, making this an ideal opportunity for an owner-operator or couple.

Training and handover can be discussed with the seller.

Early viewing is recommended for this well-positioned South Devon convenience store.

Property Information

Property:

Leasehold

Lease Terms:

11-year lease. Rent £250 per week.

Premises Details:

Convenience store premises in a prime Teignmouth location.

Business Operation

Expansion Potential:

Significant potential to increase turnover by extending trading hours.

Competition / Market:

Benefits from a strong local customer base and regular passing trade.

Trading hours:

Currently closing 4pm Monday to Saturday and 2pm Sunday.

Employees:
Run with one part-time assistant.

Other Information

Support & training:

Handover and support to be discussed.