Business Summary
Falcon Commercial is delighted to offer for sale this busy Convenience Store which was established over 25 years ago and has been run by our clients since 2004. It is now reluctantly being offered to the market to allow the vendor to relocate out of the area.
The Corner Store Premier enjoys an all year round trade and has a turnover in the region of £410,000 per year with an average gross profit margin of approximately 24%. Additional income is generated from Paypoint commission which has sales of around £1500 per week. The business has over the years built up an excellent reputation in the local area for its friendly service, competitive prices and range of products stocked.
We feel that this is opportunity represents an ideal base on which to build upon possibly by extending the sales area into rear stock rooms which would be fairly easy to do. Early negotiations with Falcon Commercial are recommended.
Premises Details
The Corner Stores Premier occupies a prominent position on one of the main roads that runs into Falmouth town center. It is surrounded by a good mix of complimentary shops and businesses. There is ample customer car parking. The premises briefly comprise:
Ground Floor
Bright, modern well fitted retail unit with metal edge shelving to the walls and center islands. Cigarette gantry, 2 cash registers, 2m refrigerator, double door refrigerator, 2m dairy deck, hot drinks machine, freezer, ice cream freezer.
Store room 1
Store room 2
Kitchen
Toilet
External
1 parking space
Tenure
The business is offered with the benefit of a 15 year lease of which 12 are remaining. The rent payable is £8,000 per year.
Property Details