Retail premises for sale in Tiverton, Devon EX16

£35,000
Retail premises for sale
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Property description

Business for sale: £.

Newsagents/sweet shop, prime tiverton town centre trading position, fronts main shopping thoroughfare of this important mid devon town, surrounded by national retailers, close car parks, enjoys substantial pedestrian foot flow. Eye catching and well-presented lock-up premises, recently refurbished, extensively equipped to include soft ice cream machine acquired at substantial cost, provides retail area, service counter, storage/office, kitchen and cloakroom facilities, enjoys favourable overheads despite town centre trading position, now enjoying 100% business rate relief. Established well known business, name in existence within the town since 1954, benefits from being National Lottery outlet, daytime trading only, closing 5.30pm latest, Sales 2019 £274,646 ex Vat, Gross Profit £70,481 equates to excellent 25%, sound levels of profitability, Net Profits in excess of £40,000 to working couple, excellent levels of regular repeat trade, very well organised and easily manageable. Leasehold £35,000 sav Ref: TZ33046N

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Everett Masson & Furby, EX11 on +44 1404 228955 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Everett Masson & Furby, and do not constitute property particulars. Please contact Everett Masson & Furby for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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