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Freehold Convenience Store Located In Newquay For Sale

Newquay, Cornwall, UK
Asking Price:
£549,950 Furniture / Fixtures included
Turnover:
£350,000
Net Profit:
Available on request

Freehold Convenience Store & Off-License located In Newquay, Prominent town centre position. Comes with 2 bedroom owners accommodation above.

Veritas Business Sales are delighted to offer for sale this delightful Convenience Store which is located in the popular Cornish town of Newquay. The business was established by our client 6 years ago is now being offered for sale so that they can enjoy a well deserved retirement.
Since ownership they have continually refurbished and invested in new fixtures & fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. Crownway off-license is owner operated with the help of 1 part time member of staff and has an annual turnover of circa £350,000. The retail area is approximately 55sq. m and stocks a fine range of dairy produce, ready meals, general groceries, tinned products, frozen foods, confectionery, tobacco lines, beers, wines and spirits, cleaning products, beach games & equipment and surf boards. The store also has a National Lottery terminal.
The property comes with a self-contained 2 bedroom flat on the first floor. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many new visiting tourists. This is a superb opportunity to purchase an established lifestyle business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Property Information

Property:

Freehold

Location:

This established Premiere Convenience Store is located within a busy parade of shops on the main thoroughfare road in Newquay town centre. Newquay is one of the nation's favourite seaside towns, exudes the laid back atmosphere you would expect from a town perched on Cornwall's Atlantic cliffs and bordered by 7 miles of glorious golden sandy beaches. It's a place where all the family gets to relax and enjoy a proper holiday. There's a different beach for every day of the week and glorious open spaces looking out to sea. The town manages to be both trendy and yet remains a great family resort, all wrapped up in the most fantastic coastal scenery.

Premises Details:

Ground Floor
Retails sales area (4.8m x 11.5m) comprising: sales counter with EPOS till system, tobacco cabinet, various fitted shelving units, upright drinks fridge, coffee machine, various free standing retail units, lottery terminal, ice cream fridge and various shelves.
W/C with wash basin.
Storeroom (4.0m x 3.4m) with various shelves and chest freezer.
Loft storage area (2.5m x 2.5m)
Kitchenette with wash basin, hot water dispenser and various shelves.

First Floor
Owners accommodation
Kitchen (2.9m x 3.2m)
Lounge (6.0m x 2.3m)
Hallway
Shower room (1.5m 1.5m)
Bedroom 1 (2.5m x 3.0m)
Bedroom 2 (2.0m x 2.5m)
Storage room (2.0m x 3.5m)

External
Frontage with tables & chairs to cover (12)

Energy Performance Rating:
B

Business Operation

Reasons for selling:

Retirement

Trading hours:

Monday – Sunday – 8:00am – 10:00pm

Years established:
6 years

Other Information

Inventory / Stock value:
£10,000

Contact Veritas Business Sales

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