Freehold Convenience Store and Off-License Located In St Keverne

St Keverne, TR12 6NA
£874,950 plus SAV
Business ID:
  • Ref: 2390
  • Type: Retail
  • Availability: For Sale
  • Veritas Categories: Commercial Property, Newsagents, Retail, - Off License
  • Business ID: 2390
  • Price Postfix: plus SAV
  • Commercial Tenure: Freehold
  • Commercial Price: 874950
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Property Features

  • Unapposed
  • Profitable
  • Established Business
  • Large 4 Bedroom Accommodation
  • Fully Fitted
  • Convenience Store & Off-License
  • Turnover £941,930 pa

Full Details

Freehold Convenience Store and Off-License Located In St Keverne
On The Lizard Peninsula
4 Bedroom Owners Accommodation
Ref 2390

St Keverne Stores is located in the desirable village of St Keverne on the Lizard Peninsula in Cornwall with an estimated population of 2,017 residents (according to the 2001 census). The parish includes some 10 miles of coastline from Nare Point at the mouth of the Helford River to Kennack Sands and the Manacles. The area is very popular with tourists with a number of beaches and visitor attractions nearby. The village is also close to the large Royal Navy Air Base of Culdrose with the Cornish town of Helston 11.8 miles away, which gives easy access to Falmouth and Truro along the A394.

Freehold Asking Price £874,950 plus SAV (£40,000)

Business Description
Veritas Business Sales are delighted to offer for sale this delightful Convenience Store which is located in the popular Cornish village of St Keverne . The business has been established for many years and has been in the careful hands of our clients since 2008. Reluctantly the business is now being offered for sale so that they can enjoy a well deserved retirement. Since ownership they have continually refurbished and invested in new fixtures and fittings which are all bought and paid for and included within the sale price which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. St Keverne Stores is owner operated and employs the help of 12 part time members of staff and has an annual turnover of £941,930 net of vat and boasts a high net profit. The retail area is approximately 72 sq m and stocks a fine range of fresh bakery products, dairy produce, locally sourced meat products, ready meals, general groceries, tinned products, frozen foods, confectionery, tobacco lines, beers, wines and spirits, cleaning products, fire wood and logs amongst others. Other services include The National Lottery. The business is totally independent and not partnered to any supply brands which gives the benefit of being able to purchase items from anywhere and enables a better than average gross profit margin. We believe that there is further potential to increase trade should you wish by expanding upon the current opening times. The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade along with many new visiting tourists. This is a superb opportunity to purchase an established lifestyle business which is a great base to build upon and as such early viewing is highly recommended as this business is not to be missed.

Opening hours
Monday - Saturday - 8.30am - 8.00pm
Sunday - 9.00am - 8.00pm

Ground Floor
Front Retail (7.5m x 6.6m) with complete professional shop fit though out, various shelves, warming glass display cabinet (Oven Baked), chiller deli display unit (CE), baking oven (Rossella), oven tray rack with trays, ice cream fridge, 2 chiller display units, cash machine, scales, 2 tills (Epos), full lottery terminal, commercial meat slicer, hot water dispenser (Instanta) and sink with drainer.
Rear Retail area (5.3m x 4.4m) with professional shop fit, 2 large commercial display freezers (Jarp), 5 commercial display chiller units.

The business benefits from an 11 camera CCTV system
Business Rates: £5,000

Store room 1 (4.4m x 5.4m) comprising: various shelves, large walk in freezer (Valera), upright commercial stainless fridge (LEC) and upright commercial double door stainless fridge (Foster).
Office (1.6m x 1.9m) with desk, various shelves, 2 chairs, CCTV monitor, computer, screen and key board.
Store room 2 (5.8m x 2.9m) with various shelves, spare baking oven, generator (Hyundai) and various shopping trolleys.

First Floor
Storage area (11.5m x 3.0m) accessed with loft ladder

Owners Accommodation
Access available from the rear of the property

First Floor
Lounge/dining room (6.0m x 3.9m) with large UPVC double glazed bay window and feature fire place (Multi-fuel)
Kitchen (4.2m x 2.5m) with fully fitted wall and base units
Family bathroom (3.0m x 2.4m) with bath, mixer shower attachment, w/c, wash basin and airing cupboard
Bedroom 4 (2.7m x 2.4m) single

Second Floor
Bedroom 1 (5.1m x 2.7m) Double
Bedroom 2 (3.1m x 4.8m) Double
Bedroom 3 (3.9m x 3.6m) Double
Bedroom 4 (2.7m x 2.4m) Single

Mature garden
Storage shed
Storage shed for recycling
Staff toilet with w/c and wash basin

EPC Rating C