Retail premises for sale in Horrabridge, Devon PL20

£515,000
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Retail premises for sale

Property description



Unopposed convenience store, taking £10,000+ ex Vat per week plus commissions, substantial and desirable west devon village, within easy reach of the City of plymouth, and the town of tavistock, situated within dartmoor national park yet easily accessible, close commuter and holiday routes. Occupying central village trading position, fronting primary route through the village, popular with walkers and cyclists, with bus stops close by, surrounded by popular residential housing, benefiting from unrestricted on street car parking ensuring easy access.

A deceptive and substantial detached property, the shop area the subject of recent investment of approx. £30,000 to include new chilling equipment. Provides comprehensively fitted and equipped ‘L’ shaped air conditioned retail area, main storeroom, secondary storeroom, office, kitchen, and cloakroom. Benefits from spacious self-contained accommodation, previously 2 flats, now offering sitting/dining room, kitchen, 3 double bedrooms, bathroom, utility/cloakroom, courtyard garden, and car port, with added benefit of gas central heating and uPVC framed double glazing, ideal for owners.

Thriving business with no direct competition and increasing sales, same ownership last 17 years, benefits from Post Office Local, Paypoint, Lotto & evri proving popular. Sales 2023 £520,483 ex Vat, additional Commissions £6,356, combined Gross Profit £138,328 (26%), all from favourable hours, closing 8.00pm latest. A most efficiently managed business which can be operated by 1 person/staff member the majority of the time, the owners predominantly operating in a supervisory capacity, potential adjusted Net Profits in excess of £90,000 to owner operators, with further opportunities still available to develop the business.

Freehold £515,000 sav Ref: G35996N

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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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