Popular CONVENIENCE
STORE with a niche in INTERNATIONAL FOODS and some HEALTH FOODS proving
lucrative. Taking £12,000 - £15,000 per week, has previously taken more than
£20,000 per week, levels of which could again easily be achieved. Situated in
the sought after and desirable TORQUAY suburb of ST MARYCHURCH, famous for its
visitor attractions and cliff top promenade with spectacular views over Lyme
Bay. Easily accessible, fronting main shopping thoroughfare, surrounded by
residential areas.
Superb very spacious
corner sited premises, approx. 4,000 square feet, an excellent shape offering a
vast retail area with an abundance of shopping aisles, being comprehensively
fitted and equipped, with additional storage, office, and staff facilities. Benefiting
from a long Lease, currently running until 2046, enjoying favourable lease
terms with no rent reviews during the term of the lease, equating to an
attractive rent of just over £6 per square foot.
Famous business
established some 30 years, offering an extensive range of retail lines,
includes foods from all over the world not easily available elsewhere, plus
health food and other niche lines along with services – Lotto, Paypoint, UPS,
and Evri soon to be introduced. Sales 2025£781,412 ex Vat, Gross Profit
£175,603, totally independent, scope to introduce Symbol Group, to include
additional shelving displays plus merchandising, and other retail lines such as
bake off and food to go which is not currently offered.
Leasehold £189,995
sav, Ref: G37009N
