Convenience Store in Paignton

Paignton

£49,500 Leasehold + SAV
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A highly prominent located double fronted lock-up convenience store, situated in a fantastic position on the main road into Paignton, Devon. Successfully owner operated for many years and now being for sale because of retirement. With over 110square meters (1194sq ft) of uninterrupted floor space which has been fitted with a selection of island, wall and gantry units. Additional retailing space available to the rear which could be expanded with the removal of stud walling together with vast cellar which was used for retailing previously. The business benefits from professional epos system, payzone and an impressive world pay service with a large repeat custom of several thousand. A two-bedroom apartment above this shop is available on an AS

LOCATION

Ideally situated on Torquay Road which is in the heart and a busy residential area of the perennially busy seaside resort of Paignton and benefits from high footfall and vehicular passing trade with convenient parking nearby and only minutes’ walk to town centre, beach front and harbour.

BUSINESS

Owner operated successfully with a compliment of staff (full and part time) with a good income stream and subsequent net profit which is still growing. This store benefits from payzone, small worlds and moneygram money transfers, DPD delivery service and pick-up point, off licence.  The world pay service has been nurtured for many years and attract a huge following from all over Torbay which is made up of Torquay, Paignton and Brixham. Actual trading accounts will be made available following a successful formal viewing

ACCOMMODATION

Entrance with part glazed door to:

MAIN RETAILING AREA

16.12m x 6.90m

A lovely open planned retailing area with a selection of island and wall mounted units along with wire display stands, upright fridges, upright freezers and glass fronted drinks display units. To one side is a bespoke noodle and tea & coffee counter which has proved very popular with the young customers.

SERVERY COUNTER

When entering the shop, on the left is a bespoke high-level counter with two servery tills for busy periods together with a wall mounted cigarette gantry and upright glass fronted refrigeration units along wall shelving for additional alcohol display.

STORE 1

4.98m x 1.44m

STORE 2

4.86m x 2.06m

STAFF ROOM

4.40m x 3.32m

This room could easily be incorporated in to the main retailing area which would greatly improve / increase the products display and turn-over and the staff room could be relocated to the inner hallway which is ideal for this.

INNER HALLWAY

7.80m x 1.43m

At the rear of the retail area is a door to an inner hallway which is used for general storage together with separate entrance to front and access to:

KITCHENETTE

A simple area for the preparation of tea and coffees for staff and has a simple free-standing stainless-steel sink and drainer and door to:

CLOAKROOM

With a low-level WC and wash hand basin.

OPENING HOURS

Monday – Saturday                        08.00 -19.00

Sunday                                               10.00 -17.00

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, gas and drainage are all connected. However, no testing of these services has 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.co.uk

TENURE

Leasehold (freehold option available)

LEGAL FEES

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

VIEWINGS

All viewings are to be conducted strictly by appointment via the agents Ware Commercial

Contact:

Tel.: 01803 328880

Email: info@warecommercial.com

Via 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.