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Busy Licenced Convenience Store In Newquay For Sale

Newquay, Cornwall, UK
Asking Price:
£550,000
Turnover:
£300,000
Net Profit:
Available on request

• Busy Licenced Convenience Store in famous seaside town
• Superbly fitted “Premier” retail unit
• Good sized owners’ accommodation with sea views
• Well-presented throughout
• Healthy turnover and profits with scope to improve
• Excellent local reputation
• Highly visible trading position in popular Cornish town
• Fantastic change of lifestyle opportunity
• Good mix of complementary businesses nearby

Falcon Commercial is delighted to offer for sale this well-presented Licensed Convenience Store which stocks a good selection of beach goods and fashion clothing. It has been under the proud ownership of our client since 2009 during which time they have made considerable investment and improvements to reflect changing markets over the years. It is now being offered for sale due to the owner’s ill health. During our client’s stewardship the business has built up an excellent reputation for its friendly service, keen prices along with a great range of additional products.

Bank Street Stores enjoys a highly visible trading position in the highly sought after town of Newquay which is in Cornwall. It benefits from self-contained good sized two bedroom owners accommodation. Many rooms benefit from uninterrupted sea views.

Bank Street Stores is run by our clients with help from a dedicated team of part time staff. It generates a turnover in the region of £300,000 per year with healthy gross profit margins. There is tremendous potential to increase the turnover possibly by running a modest marketing campaign or by extending the opening hours to include early mornings.

This rarely available opportunity is not to be missed and early negotiations with Falcon Commercial come highly recommended.

Property Information

Property:

Freehold

Location:

Newquay is world famous for surfing with some of the best surfing beaches in the world. It has a busy town centre containing a good mix of shops bars and restaurants. Newquay has its own airport with flights all over the world. It enjoys excellent links being on the A392 which connects to the recently upgraded main A30.

Premises Details:

Substantial and well maintained Freehold building, benefiting from being in a highly visible position in one of the main shopping streets in Newquay. The area contains an excellent mix of complimentary independent owned businesses as well as numerous national companies.
The premises has been well maintained and are fitted and presented to high trade specifications throughout. These charming premises provide outstanding and highly functional internal business accommodation along with very comfortable living accommodation that benefits from sea views.
The premises briefly comprise:

Ground Floor
• Shop – fitted with an array of quality well-made quality shop fittings that include: large chilled display unit, several display freezers, CCCTV system, suspended ceiling etc
• Loading area/Store room
• Toilet

First Floor owner’s accommodation
• Lounge
• Kitchen
• Bedroom
• Bedroom
• Bathroom

External
• Good sized parking area
• Store room

Business Operation

Trading hours:

8.00am – 10.00pm Monday to Sunday

Employees:
The business is run by the proprietor with help from a dedicated team of part time staff who work on an agreed rota basis.

Contact Falcon Commercial

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