Convenience/international/healthfood Store For Sale

Description

Key Features:• Well-established convenience store specialising in international foods and selected health food products.• Weekly turnover of approximately £12,000 to £15,000, with previous sales exceeding £20,000 per week.• Prime trading position in the sought-after St Marychurch area of Torquay.• Spacious corner premises extending to approximately 4,000 sq. ft.• Long lease in place until 2046 with no rent reviews during the lease term.• Attractive rental cost of just over £6 per sq. ft.• Established business with approximately 30 years of trading history.• Multiple additional income streams including Lotto, PayPoint, UPS, with Evri services to be introduced.• Significant opportunities for further business growth.Established convenience store located in the desirable St Marychurch district of Torquay, occupying a prominent position on the area's main shopping parade and surrounded by a large residential population.The business has developed a strong reputation over approximately 30 years, specialising in an extensive selection of international food products that are not widely available elsewhere, together with health foods and other specialist grocery lines. Additional services including Lotto, PayPoint, UPS, and the forthcoming introduction of Evri provide valuable supplementary revenue streams.The premises comprise approximately 4,000 sq. ft of well-configured retail space, offering a spacious sales floor with multiple shopping aisles, together with extensive storage areas, office accommodation, and staff facilities. The store is comprehensively fitted and equipped for immediate operation.The property benefits from a lease running until 2046, with favourable lease terms including no rent reviews throughout the remaining lease period, providing long-term cost certainty.The business offers substantial scope for expansion through the introduction of a Symbol Group partnership, additional merchandising and shelving, an expanded product range, and the addition of services such as bake-off products and food-to-go, which are not currently offered.Financial ProfileAnnual sales for 2025 are approximately £781,412 excluding VAT, with a gross profit of approximately £175,603.TenureLeasehold.Asking Price£189,995.