This property has been removed by the agent. It may be sold or temporarily removed from the market

View similar properties

Shop for sale

TQ7, Dartmouth, Kingsbridge, Salcombe & Totnes

£385,000

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

Disclaimer - Property reference AGENT-4422. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Bizdaq (UK) Limited, Bizdaq. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* Average speeds are based on the download speeds of at least 50% of customers at peak time (8pm to 10pm) from packages available on comparethemarket.com. Speed can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. You can check the estimated speed to your property prior to purchasing. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. Providers may increase charges. You should have the right to exit your contract without penalty if this happens. The information is provided and maintained by Decision Technologies Limited.

Map data OpenStreetMap contributors.