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Shop for sale

TQ7, Dartmouth, Kingsbridge, Salcombe & Totnes


Property Description

Key features

  • Gift Shops

Full description

Tenure: Freehold

£385k +SAV Freehold Gorgeous Gift & Card Shop with large 2 Bed flat + stockroom accommodation over and pretty courtyard PLUS eCommerce Website, Facebook & Twitter accounts.

Detailed overview
Business Type: £385,000 + SAV
Freehold Gorgeous Gift & Card Shop with large 2 Bed flat + stockroom accommodation over and pretty courtyard PLUS eCommerce Website, Facebook & Twitter accounts.

Business Established:
24 years i.e. since1993 (under current ownership since February 2010).

Guide Price: Freehold £385,000 plus stock at valuation (estimated at approx £25k-£30k depending on time of year).
***Please note this sale is chain free. Reasonable offers will be considered.***

Average Net Profit (over last 5 years): c£55k-£65k Net Profit per annum i.e. after all cost of goods and expenses, supported by five years of management accounts and VAT returns.

Turnover: Available upon inspection of the business. A full set of management accounts plus VAT returns (over last five years) will be provided to prospective purchasers upon viewing / inspection of the business.

Please contact me for further information. Full pdf sales document available as well as extra photo's of shop and living accommodation.

Location description
Kingsbridge, Devon (South Hams).
This gift shop is situated in a convenient location in Fore Street, Kingsbridge (on the main high street) with nearby free on street parking and close by public parking, enjoying high levels of footfall and passing trade.
Kingsbridge is a sought after and popular coastal market town situated at the head of the Salcombe to Kingsbridge estuary in the heart of the South Hams, it is a popular holiday destination with a huge choice of things to do and see boasting a varied selection of shops, restaurants, cafes and pubs. The area is widely regarded for leisure, yachting, water sports and marine activities. Lying equidistant between Plymouth to the west, Torbay to the east and sheltered by Dartmoor to the north, the South Hams enjoys one of the mildest climates in Britain.

Commercial property details 
Annual turnover: £0
Net profit: £55000
Tenure type: Freehold
Years established: 24yrs

Map & Street View

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