Retail premises for sale in Ottery St Mary, Devon EX11

£39,995
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Retail premises for sale

Property description



Famous household supply store, offering extensive range of homeware. Hardware, kitchen & cookware, garden & pet supplies, camping accessories and much more, a destination outlet, stocking items not easily found elsewhere. Occupying one of the best trading positions within the popular and expanding east devon town of ottery st mary, fronting the main ‘Square’ highly visible and easily accessible, surrounded by other popular businesses and residential areas.

Traditional ground floor premises, eye catching double frontage, particularly spacious, in the region of 1,800 square feet, enjoying favourable overheads, rent just over £170 per week, receives 100% business rate relief. Well organised and presented into a number of retail display areas, also offers some storage, an office and cloakroom facilities.

Renowned business, established in excess of 100 years, under current ownership 17 years, retirement sale after many successful years, enjoying a strong following ensuring regular repeat custom. Consistent levels of trade, Sales 2023 £146,533 ex Vat, Gross Profit £63,501 (43%), very low day to day overheads, producing average Net Profits in excess of £45,000, benefiting from being easily manageable, with only 1 person required in the store at any one time representing a rare business opportunity.

Leasehold £39,995 plus sav iro £27,000 Ref: HA35505N

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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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