Convenience Store for sale

Hatton Spar, Mullion, Church View, Mullion, United Kingdom, TR12 7HQ

Offers Invited

Property Description

Commercial information

  • Business for sale

Key features

  • Owner operated business
  • Unoppossed Cornish village location
  • Annual income of 1,635,009
  • 2 bedroom accommodation above
  • Superb trading area of c.1,200 sq ft
  • Family owned since 1947. Genuine retirement sale. Energy Rating D

Full description

Tenure: Freehold

Description

Spar Mullion is a detached freehold retail shop that makes up the predominant Mullion shopping parade through the village. The double storey, brick built property with white rendered front and pitched roof operates under the Spar branded facia.

The shop occupies the ground floor and is accessed directly from the off street parking to the front of the shop. The property front has display windows and double doors to its entrance.

There is designated customer parking for several cars beside the property and to the front with access to an external storage room. Hatton Spar also comes with a single lock-up garage adjacent to the property.

Location

Spar Mullion is located in the largest village in Cornwall. The business is a stone’s throw from Poldhu - a beautiful beach, one of the most famous in Cornwall and a year round destination for tourists from throughout the UK. Mullion benefits from an extended tourist season with a large influx of affluent visitors all year round, with its widely renowned golf course situated just one mile from the Spar store.

Whilst the business is located in a tourist led destination, Mullion village benefits from all year round variety of amenities, ranging from hotels and campsites to local independent shops complimenting the Spar branded store which trades unopposed in the village. Mullion is situated five miles south of Helston and 18 miles South East of Penzance.

Internal Details

Double fronted shop with Spar branded facia and glazed entrance.

Approximately 1,200 sq ft of sales area with further storage areas above and to the side of the property. Tiled floor and suspended ceiling with inset lighting and air handling / conditioning units. CCTV throughout. Two position point of sale near entrance with tobacco gantry and associated shelving behind. Three aisles of shelving, approximately eight meters of chilled cabinets and three meters of frozen cabinets.

We understand from the vendor that the store is being constantly updated and maintained throughout to ensure the highest level of quality.

Fixtures & Fittings

We are advised by our client that the fixtures and fittings wholly owned, with the exception of the Coca Cola drinks fridge.

The Opportunity

The store has traded in its location for more than 70 years and has been owned within the family for the entire time.

Our client is reluctantly selling the business to retire from the sector.

Business is derived from traditional convenience sales including tobacco, alcohol, news and magazines, fresh, chilled and frozen foods, ambient grocery products, bread and bakery, hot food, confectionary, snacks and soft drinks and general beach and camping goods.

Spar Mullion represents an outstanding opportunity to acquire a highly profitable, established convenience store which trades unopposed. The village location is truly stunning and we believe the business will appeal to existing operators and first time buyers looking for a lifestyle change.

Staff

The business is currently owner operated but could be put under management if required. There currently are 13 member’s of staff.

The current owners work according to the season’s trade but do have a hands on approach and will look to work in the region of 40 hours a week.

Trading Information

We have been provided with certified profit and loss accounts for the years ending 31 March 2014 to 2017.

The latest 2018 accounts show a turnover of £1,635,009

Profit and loss accounts will be made available to interested parties on request.

Trading Hours

Our clients trade the business from 6am – 9pm, seven days a week.


More information from this agent

Nearest station

  • Penmere (11.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Exeter

Kings Wharf The Quay, St. Thomas, Exeter, EX2 4AN

01392 799187 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Penmere (11.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Exeter

Kings Wharf The Quay, St. Thomas, Exeter, EX2 4AN

01392 799187 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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