Deli On The Square, Praze Cornwall

5 The Square Praze Cornwall TR14 0JR

£89,999/leasehold
  • MLS Number: 1140
  • Thriving Convenience Store & Post Office
  • Established turnkey opportunity
  • Potential to increase sales
  • Easily run business
  • Located in a sought after area of Cornwall
  • Well fitted air-conditioned retail space
  • Post Office Combi Counter

Falcon Commercial is delighted to offer for sale this busy Convenience & Post Office which has been established many years. It has been under the proud ownership of our clients since 2009 during which time the premises have been extensively modernised and refurbished. The business is now reluctantly being offered to the market as the owner wishes to retire.

Operating from substantial, secure and well fitted detached premises of real charm and character, the business has become an important focal point of the community in the course of several years’ highly successful trading by providing a useful range of traditional sub-Post Office services for local residents, which naturally generates considerable extra trade for a highly complementary retail operation of an extensive selection of general and frozen convenience grocery items.

Deli On The Square” enjoys an all year round trade with a turnover in excess of £250,000 per year. It stocks an excellent choice of associated fresh bought in bakery and dairy products, together with traditional news, confectionery and tobacco lines and a range of beers, wines and spirits, all displayed to its very best advantage in a bright, spacious and well-appointed air-conditioned mini-supermarket-style showroom area..

The business would also benefit greatly by operating considerably extended retail hours in order to improve upon the already excellent levels of turnover and profitability it is achieving in its current hands. Early negotiations with Falcon Commercial come highly recommended.

The proprietors also run a successful outside catering operation from the premises which generates additional sales in the region of £70,000 per year

Premises Details

The well maintained prominent retail unit benefits from being in a highly visible position on one of the main roads that runs through the sought after village of Praze, Cornwall. The well-presented leasehold premises enjoy a high level of passing trade. The Premises briefly comprise:

Ground Floor Sales Area

  • Open plan sales area with metal edge display shelving to walls and centre islands, 2 dairy deck style refrigerators, 2 freezers, soft drinks refrigerator, wooden faced serve over counter with combi post office counter are and Epos terminal. CCTV and Air Conditioning.
  • Store room with shelving to walls.

First Floor

  • Catering preparation room contain an array of catering equipment, steel work surfaces, refrigerators, freezers and a stainless steel sink unit
  • Toilet
  • Office

External

  • Rear yard with parking space

Business Details

Turnover

  • Shop sales £251,000 per year
  • Catering sales £70,000 per year
  • Post Office commission £5,000 per year

Staff

The business is run by the proprietors with help from full and part time staff.

Opening Hours

  • 7.00am – 6.00pm Monday to Saturday
  • 7.00am – mid day Sunday

Stock

We are advised that the stock held by this business is approximately: £6,000

EPC Rating

The EPC rating on these premises is: TBC

Tenure

Leasehold – The business is offered on a 7 year lease of which 6 are remaining. The current rent payables is £7200 per year

Business Rates

We are advised that the business rates are: £600

5 The Square Praze Cornwall TR14 0JR
Deli On The Square, Praze Cornwall

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