£189,995
Retail premises for saleTorquay, Devon TQ1
Business
About this property
Popular conveniencestore with a niche in international foods and some health foods provinglucrative. Taking £12,000 - £15,000 per week, has previously taken more than£20,000 per week, levels of which could again easily be achieved. Situated inthe sought after and desirable torquay suburb of st marychurch, famous for itsvisitor attractions and cliff top promenade with spectacular views over LymeBay. Easily accessible, fronting main shopping thoroughfare, surrounded byresidential areas.
Superb very spaciouscorner sited premises, approx. 4,000 square feet, an excellent shape offering avast retail area with an abundance of shopping aisles, being comprehensivelyfitted and equipped, with additional storage, office, and staff facilities. Benefitingfrom a long Lease, currently running until 2046, enjoying favourable leaseterms with no rent reviews during the term of the lease, equating to anattractive rent of just over £6 per square foot.
Famous businessestablished some 30 years, offering an extensive range of retail lines, includes foods from all over the world not easily available elsewhere, plushealth food and other niche lines along with services – Lotto, Paypoint, ups, and Evri soon to be introduced. Sales 2025 £781,412 ex Vat, Gross Profit£175,603, totally independent, scope to introduce Symbol Group, to includeadditional shelving displays plus merchandising, and other retail lines such asbake off and food to go which is not currently offered.
Leasehold £189,995sav, Ref: G37009N
Superb very spaciouscorner sited premises, approx. 4,000 square feet, an excellent shape offering avast retail area with an abundance of shopping aisles, being comprehensivelyfitted and equipped, with additional storage, office, and staff facilities. Benefitingfrom a long Lease, currently running until 2046, enjoying favourable leaseterms with no rent reviews during the term of the lease, equating to anattractive rent of just over £6 per square foot.
Famous businessestablished some 30 years, offering an extensive range of retail lines, includes foods from all over the world not easily available elsewhere, plushealth food and other niche lines along with services – Lotto, Paypoint, ups, and Evri soon to be introduced. Sales 2025 £781,412 ex Vat, Gross Profit£175,603, totally independent, scope to introduce Symbol Group, to includeadditional shelving displays plus merchandising, and other retail lines such asbake off and food to go which is not currently offered.
Leasehold £189,995sav, Ref: G37009N
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