Retail premises for sale in Totnes, Devon TQ9, £75,000

75,000.00

Offer Nr.:
66377245
Type of ad:
for Sale
Property type:
Retail premises
Contact name:
Everett Masson & Furby
Phone(s):
01404 228955

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 2023 £488, 653
ex Vat, Gross Profit £243, 429, equates to excellent 50%. Forecast Sales in
excess of £500, 000 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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