Convenience Store in Paignton

£99,000 Leasehold + SAV
  • spar11
spar11

Convenience Store in Paignton

Spar, 69 Torbay Road, Paignton, Devon, TQ4 6AJ

We are delighted to be able to offer this established convenience store situated in a prominent trading position taking advantage of the uplift in trade during the summer months which is set amongst a parade of independent retailers. With over 1,000 sq ft of retailing space which has been completely refurbished to a high standard together with two stores and office to rear and access for rear loading, this lock-up leasehold convenience store is a business which trades very successfully and an opportunity not to be missed...


THE BUSINESS

Owner operated successfully with a compliment of staff (full and part time) with high income stream and subsequent net profit, which is still growing year on year. This store benefits from lottery terminal, cash-point, off licence with permission to trade 7 days per week between the hours of 8.00 am and 10.00 pm. Actual trading accounts will be made available following a successful formal viewing

 

ACCOMMODATION COMPRISES

Full width roller shutter entrance into

 

RETAIL AREA

18.98m x 5.26m (20yds 2′ 3″ x 17′ 3″) – (to include fixed counter and space to rear). This retailing area has been freshly fitted out to a high standard with suspended ceiling, tiled flooring throughout and comprehensively equipped with freezers, fridges, upright glass fronted chiller cabinets, large open refrigeration gantry, huge centre island unit with shelving to four sides, strategically placed CCTV cameras, large ‘L’ shaped counter with several EPOS tills, lottery terminal, cigarette gantry on rear wall and other merchandising stands for impulse buying

 

OFFICE/STORE 1

5.65m x 3.69m (18′ 6″ x 12′ 1″) – Housing 2 large chest freezers, trolley park for wares, office desk with CCTV monitor, EPOS terminal and computer & printer. To the rear is a hallway with additional small space for storage and rear access

 

STORE 2

5.40m x 2.97m (17′ 9″ x 9′ 9″) – Comprehensively shelved for storage for the storage of dry goods. (Also in one corner is a low level WC and wash hand basin)

 

OUTSIDE

Covered walkway together with ample short term parking. To rear there is access for deliveries and emergency access

 

LICENCE

Off-licence with trading hours between 8.00 and 10.00 pm

 

OPENING HOURS

Summertime 8.00 am to 10.00 pm 7 days a week

Wintertime 8.00 am to 8.00 pm 7 days a week

 

FIXTURES & FITTINGS

Trade fixtures, fittings, equipment, land and buildings, with exception of vendor’s private inventory, will be included in this leasehold sale. Full inventory will be made available prior to exchange of contracts. Stock to be purchased at valuation on day of completion

 

SERVICES

Mains electricity, water and drainage are all connected. However, no testing of these services have been undertaken by the Agents, Ware Commercial

 

BUSINESS RATES

Please make your own enquiries with local authority for an up to date rates assessment. Visit the VOA website at www.voa.gov.uk

 

TENURE

Leasehold

 

LEGAL FEES

Ingoing tenant to pay Landlord’s reasonably incurred lease assignment costs

 

VIEWINGS
Please contact the agents for an appointment to view this unit.
Tel. 01803 328880.
Email info@warecommercial.com
Website: www.warecommercial.com


Misrepresentation Act: Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.