Retail premises for sale in Totnes, Devon TQ9

£725,000
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Retail premises for sale

Property description



Famous home & kitchenware store, 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, and 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 £506,183 ex Vat, Gross Profit £242,798, equates to excellent 48%. Forecast Sales in excess of £521,500 ex Vat in respect of the current financial year, benefits from being part of buying group.

Leasehold £75,000 sav or Freehold £725,000 sav, Ref: HA35897N

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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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