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Home & Kitchenware Store With Online Shop For Sale

Totnes, Devon, UK
Freehold Price:
£749,950
Leasehold Price:
£99,950
Turnover:
£811,488
Net Profit:
Undisclosed

Famous HOME & KITCHENWARE store, plus ONLINE RETAIL SHOP, occupying highly valuable TOTNES town centre trading position, where premises are always in demand. Centrally located in the town, fronting the High Street, close to Fore Street, the main shopping thoroughfares, surrounded by numerous other independent and national retailers, ensures constant and substantial pedestrian foot flow, with benefits anticipated from the construction of new residential developments.

Substantial and versatile character premises, extending over 3 floors, approaching 3,700 square feet, offering numerous retail departments, storage, online sales picking and packing facilities plus staff facilities, in addition to rear garden/yard/parking area. Opportunity to re-configure with potential for accommodation subject to obtaining the necessary planning consents.

A destination business, in existence approaching 45 years, offering an extensive number of stock lines, everything for the home and some items for the garden, stocking top brand names, and school uniform which proves lucrative. Enjoying a great deal of regular repeat trade, Sales 2024/2025£811,488 ex Vat, Gross Profit £351,259 (43%) split £518,600 ex Vat in respect of retail sales and £292,888 ex Vat in respect of online sales, ensures a profitable business, with benefits from being part of buying group.

Leasehold £99,950 sav OR Freehold £749,950 sav, Ref: HAZ35897N

Property Information

Property:

Available as freehold and leasehold

Other Information

Leasehold asking price:
£99,950